Empyrean Energy Share Discussion Threads

[wcj] 28/9/2021 09:02

An extension to the exercise date of the warrants

[judijudi] 28/9/2021 08:45

I wonder what Tom has got up his sleeve to get this to 12pish?

[go_baby_go] 28/9/2021 08:03

Brent $80.58 and Gas has jump 20% in the last two days $6.176

[lazarus2010] 27/9/2021 17:56

blue...fk all imho...the production of oil is so far down the line any change in prices now will have practically zero effect on the share price The only effect is if the PoO is at such a level that an investment decision (go/no go) can be made, and PoO has already passed that threshold. It is imho highly unlikely that $60, $70, $80, $90 oil will change the metric of $5/bbl for OiP before production starts, $10/bbl after production starts. So the first change will be when oil is proven and the engineers provide their estimates of OOiP and then testing occurs and we know that it will produce.

ditto the PoG until such time as we see a GSA having been signed, and the price which was agreed, and then we can work out how much our share is worth.

Before both those events take place, the only thing pushing the share price up will be good PR, some major investors being persuaded to buy in the market and of course confirmation as to how the well will be drilled. (In spite of the fact that Tom has basically stated it will be drilled, even if the method of funding which shall not be named needs to be used. The 'market' seems to be either discounting this or undervaluing the fact it will be drilled in roughly 3 months and our 40% CoS is worth many multiples of the current sp).

Maybe Peter has cried wolf too many times!!

[blueblood] 27/9/2021 17:37

Wonder what this much higher PoO will do for our NAV once China comes in :-))

[judijudi] 27/9/2021 16:51

go baby
Yep Brent knocking on the door of $80

[blueblood] 27/9/2021 13:48

This is getting very boring just release the news lol!

[go_baby_go] 27/9/2021 11:02

Brent $79, Gas $5.364....and rising.

[begorrah88] 27/9/2021 10:13

Hardly surprising as all the PR seems to have fizzled out & the hoped for 'could drop at any time' Duyung news has,as always, failed to materialise.Every day we don't get JV news makes any bargaining position weaker & yet another fundraiser more likely. What price would he have to pitch that at though?

[judijudi] 27/9/2021 10:02

Looking set for a drop by the look of the selling 😩

[blueblood] 27/9/2021 09:52

More news on China drill must be close. Small JV hopefully being finalised!

[rajawali] 27/9/2021 07:33

Goldman substantially increases crude forecast to $90/bbl by year end. Rabobank estimates the European gas shock could be worse than the Suez crisis. This market is materially lower than where it was in Sept 2017 when we hit close to 30p. Timing is perfect.

[nametrade] 24/9/2021 19:58

What's the possibility of COSL earning a % interest in the well if we can't come up with all the funds via warrants etc

[abergele] 24/9/2021 10:14

He's one of the younger set I'm thinking Laz...
damnnn,that makes me an old beggar.haaa
Just a thought re.the first x four trades ,I'm thinking buys?,,how right may I be?.

edit....
A nice 205k+ buy gone through,,well done that person,,hold tight,it'll make you a happy bunny,
g,l, to you..

[lazarus2010] 24/9/2021 10:06

Stew, maybe you should buy yourself 100k EME shares as a present ;-)

Happy birthday, not sure of your age but may you live long enough to see your EME shares provide the expected returns and retirement I think we all deserve after being invested for so long!!

[blakieboy7] 24/9/2021 09:55

Happy birthday Stewart

[abergele] 24/9/2021 09:44

Ahh, Stewart,,thanks for your reply re.buy..all the very best..
Yes reiterate ,This time next year Roders,,g,l.all

[stewart4990] 24/9/2021 09:41

Thanks Tarz yep hope you are correct very soon, certainly by January.

[starzerus] 24/9/2021 09:38

Well I would like to wish a special birthday to STEWART. I hope by the next one you will be a lot richer. Good luck mate ;-)

[stewart4990] 24/9/2021 09:37

Aber,It's just because marginally below mid point, anyway level 2 moved to 4 v 2 with your buy.

[abergele] 24/9/2021 09:20

My buy just shown up as a sell,,,what goes on here..g.l.all

[judijudi] 24/9/2021 09:09

Buzzzzz
Cheers mate

[buzzzzzzzz] 24/9/2021 08:54

JudJudi

You are wasting your time with those nut jobs on the TERN BB.

Don't know who is worse the trolls or the rampers.

I am asking my broker to contact the company broker for a comment on the allegation.

Sorry for off comment.

[10owen] 24/9/2021 08:47

Tighter spread this morning 6.675p/7p for 100k shares.Lets hope for a few blue days in the run up to news on both China and Duyung which we all hope and anticipate will now be very soon Gla.