Empyrean Energy Share Discussion Threads

[8x8bagger] 20/4/2022 21:46

Hi, does any one know the EPIC or symbol for the EME warrants?
Thanks in advance for any help

[firestorm911] 20/4/2022 16:37

At the very least, the number of 250K blocks is diminishing; MMS was willing to take a block of 250k at a 1.5% premium, and we closed at 11p.

[lazarus2010] 20/4/2022 16:20

the price has been remarkably stable today, few little drops but then came back and pushed up a little and seems to be in pause mode for now. I guess the excitement from the rns is yesterday's news (literally) and now we're back to normal buyers vs sellers, a bit of a Mexican standoff for now...

If the estimate was 26 days to hit TD and we were at 2150 after 8 days, we have another 18 days to drill maybe 700-800m? Obviously it will get slower and slower the deeper it gets, but the average is now c. 40m per day. At that rate, and probably a bit slower as we approach TD, it could well be 4+ days to drill to TD after the first intersection of oil, so c. day 22...so May 4th for some good news?

[jemjem] 20/4/2022 15:49

Thanks blueball.
From Evil..
"Cenkos spoke out on 11th April concerning Empyrean (EME). The “unrisked” valuation then was 111p and the “risked” figure was 45p. I reckon EME is worth a punt at 11p."

[blueblood] 20/4/2022 15:42

Must be good chance of oil show RNS at 7am on Monday ?

[pro_s2009] 20/4/2022 15:41

.......Cenkos spoke out on 11th April concerning Empyrean (EME). The “unrisked” valuation then was 111p and the “risked” figure was 45p. I reckon EME is worth a punt at 11p......

[pro_s2009] 20/4/2022 15:21

26 days to get to Total Depth.

Spud on 10th of April.

Company say "everything is in line with estimates".

So you can expect Total Depth to be reached on or around 8th of May.


However.......that does not preclude the company giving another update before Total Depth. They have LWD, they can at any time in the next 2 to 2.5 weeks give an update saying they have hit something itneresting based on the LWD data, or they may wait until TD is hit before giving an update.

If they want to push the warrants conversion they may well update before TD with a final update at TD ahead of testing operations.

So basically, we can get news anytime next week, or the week after, or the week after that.

[jamesiebabie] 20/4/2022 15:20

Raj - I would not be surprised to see a RNS Friday suggesting they are seeing increased levels of C1 and have now started to see oil shows at Xm depth.

The oil-bearing zone is potentially quite deep.

Time will tell.

If not Friday, then Monday.

[rajraj b] 20/4/2022 14:42

"Current operations are the installation of 9-5/8" casing before drilling 8-1/2" hole to the Total Depth ("TD") of 2860 metres MD"Given how quickly they are progressing I'm hoping they should be approaching terminal depth in a few days. Anybody know how how long it takes to put the casing in place?

[the real666] 20/4/2022 14:27

Lucifer wants this to close @ 16.6p by Friday.

[blakieboy7] 20/4/2022 14:25

Blue at last

[the sage] 20/4/2022 14:08

If we get reports of oil shows as they continue drilling, this should give the share price a lift. Many thanks to the drilling crew too.

[judijudi] 20/4/2022 14:04

The thieving scummy MM’s ain’t had any of mine yet either Toon
In fact I’ve added over the last few weeks

[thetoonarmy2] 20/4/2022 12:54

Hi buzz what I was saying that the players who took part in the placing that I know personally have all said they are staying with it till the end, now having said that they could be yanking my chain but I don’t think so.
Now the CLN holder I am sure they sold shares before informing TK about converting them and even now I believe a lot of the massive volume is them they can go to a MM and get a gtee price say just under market price then once EME get notice they issue the shares seven days or so later then the MMs call down how many shares they want and trade them in market push the price up then knock it down again good business no risk for CLN holder it the MMs all make a profit.
Now let just say I have no issue with the CLN holder selling out they don’t want to risk anything and good luck to them they at least lent us the money and we got where we are now, they deserve a profit I just hope they have already sold the remaining ones they have, come on tell TK you are converting last 22 mill which I think were sold into last few days.
I’m sure also people who bought in at 4&6p have also been selling or just derisking some, good luck to them I am staying with this and after the RNs with our Gaz clouds I am amazed at the price at moment I just hope next RNs is GSA on duyung

[lord gnome] 20/4/2022 08:46

I think you have it spot on Buzzz. It's a smart bit of risk management - simple. People do like to over complicate things and come up with Heath Robinson theories.

[buzzzzzzzz] 20/4/2022 08:42

Haveapunt

You are very much entitled to your opinion, I happen to dissagree with it.

Free speech great isn't it!

I apologise for calling you thick but I strongly dissagree with your theory warrants for 12p are being forward sold for less than that.

A more likely explanation is warrant holders selling some placing stock derisking a little.

[abergele] 20/4/2022 08:21

(ii) have it as 10.79 to buy 5k and above for lean buys..
10.6p are sells from them now...gl all.lth's

[starzerus] 20/4/2022 08:20

Chris we have seen them all here at EME - Robin of Loxley who worked for an MM was the most professional at it.

[haveapunt1] 20/4/2022 08:20

Buzzz people are allowed an opinion on their investment. The usual “original̶1; comments made by some are childish. Oil is needed first. Until then it matters not what anyone here posts. Expecting to drift back down to 10p with news again early next week with possible oil shows

[chris0805] 20/4/2022 08:14

Apologies for the typo…

Succeeded was sucked in

;-((

[judijudi] 20/4/2022 08:12

With all the shenanigans going on I’ll be happy if we stay in double figures until the oil shows or gsa announced

[chris0805] 20/4/2022 08:12

You have not read much of Pro_S2009 then…..

He/She/They… post as you say, when long & in RAMP mode…….

Pro_S2009 often starts a new thread, in parallel with an existing thread, with loads of good info & diagrams, to lure in the rest of a BB to the trap when in ramp mode….


Then suddenly all changes…. It’s all negative & that’s when Pro_S2009 is short…


Read up some of the Pro_S2009 posts on various other BB…. TXP, PANR, 88E to name a few….

This post for advice on low moral / low ethics antics only, you are obviously free to be sucked in by the Pro_S2009 BS machine if you so wish

GLA LTH

C