Empyrean Energy Share Discussion Threads

[judijudi] 22/4/2022 12:21

Well I’m expecting a bit of buying from the fomo’s from now to the end of trading

[pacman9] 22/4/2022 12:13

But you can do that here if you so wish. Lots of contrary opinion over there. The group is nearly 400 strong. But, yes. Much better banter over there. Maybe you should join and bring us all back down to earth.

[starzerus] 22/4/2022 12:12

Bitter have a punt?

[haveapunt1] 22/4/2022 12:03

No they have all moved to Telegram as they can keep their rose tinted on over three and they can keep blowing smoke up each other’s back sides and avoid anyone that adds balance to a forum rather than blind 100% oil find and nothing can go wrong, and block anyone that says anything different.

[abergele] 22/4/2022 11:35

Buys popping up now as we have hit the bottom,
a line through the 3 x dropbacks..

see the graph/chart..imho

edit,
Ohh and a great many buys showing on the sell column again,,dyor
so not as bad as it seems..

[nametrade] 22/4/2022 11:29

Barony

hxxps://t.me/+LjsIIIn9IA04NjM0

[barony] 22/4/2022 11:27

How do you access the Telegram group?

[abergele] 22/4/2022 11:23

I agree with 10Owen and Oilforex's comments.

and we wonder where fellow holders from years back have gone,
fearfull to say ,(passed away some)

plus many have excited,,put their cash elsewhere no doubt.
just look at the big drops after news ,the spikes say it all.

Hope after these long years and times we have the luck we believed in..g.l.all Lth's

[blakieboy7] 22/4/2022 11:19

The Telegram group is far superior

[blueblood] 22/4/2022 11:18

Think most of LTHs have moved to alternative chat provider.

[haveapunt1] 22/4/2022 11:08

Yes holding up. 13p, 12p, 11.5p now under 11p. Drip drip. Only 20% down from highs. Warrants, IIs. Both RNSs expected. Far too many here making it sound a given commercial flow is happening. This is an oil play. Stock is coming from somewhere and has been for 2-3 weeks now, solid every day without fail. Not saying Eme will fail (hence I added a further 32k today), but there a lack of balance

[michaelhfrancis] 22/4/2022 11:08

A new progress report i believe would do wonders for the share price, the drill bit will reveal whats down their and will make us paupers or millionares its roll the dice time glass half full good luck to all who sail on board

[oilforex] 22/4/2022 11:06

Given where we are there seem to be a lot of names missing from days gone who I thought were still holders and would have wanted to see this out. Not that I keep to close an eye on these boards these days. Seems eerily quiet though, given how active this used to be on days when no news was in sight!

[10owen] 22/4/2022 10:53

If I was worried Buzz I would have de risked.I am surprised though at the current price and where all the traded shares are coming from.

[galarse] 22/4/2022 10:52

Under 11.0!!! Time to raid the piggy bank for a top up!

[amont92051] 22/4/2022 10:51

Starz
DP18 suddenly appeared on Eurasia Mining touting he had knowledge of an RNS, insistent with a number of posts, attempting to ramp price I suspect, it never materialised (obviously)and he dissolved into the ether, best filter.

[buzzzzzzzz] 22/4/2022 10:46

Don't know why you are all so worried about the price holding up if, as you say, you are in for the drill result!

[10owen] 22/4/2022 10:37

Still not sure where all these shares are coming from.The 50 mill CLN shares should have been cleared by now or so you would have thought.Just done a tot up and over the last 10 trading days over 155 mill shares have been traded.More derisking must be taking place than I had anticipated.Ive waited over 12 years for this moment and dont intend to sell any pre drill result.Hope I have called it right but if not I only have myself to blame .No point in being in risk shares unless you take responsibility for the outcome.Looking forward to next week albeit with a little nervous excitement.Gla.

[starzerus] 22/4/2022 10:32

Oh Gee guess what Dave Parker is a new poster.

check out his other posts.

Deramper - anyone we know?

[daveparker18] 22/4/2022 10:27

Just remember WHAT HAPPENSD TO ADV ROULETte red or black

[oilforex] 22/4/2022 10:23

Looks like the adage of not wanting to be out over the weekend isn't holding much water at the moment... Could get a surprise jump this afternoon though.

[currypasty] 22/4/2022 09:39

what we need, and im sure Tom is aware, is a stream of RNS's, each just saying a little bit of progress. We all saw the result of this with Dempsey in 2017, there were gas shows every couple of days rns.

That way it would clear out any overhang before the main event

[abergele] 22/4/2022 09:08

It seems that whatever small company RNS's come along,it is followed by selling out.
causing a drop in the shareprice,here and everywhere,,,
tis only L.T.Hldrs who prop up the shareprice..
gl to all of them here..

[lazarus2010] 22/4/2022 08:43

haveapunt...47523...I would agree with this, 40-50p upon oil find and info re thickness, net pay etc and confirmation that it's P10+ ie fill to spill which also means Topaz has a good chance of having been filled.

In the longer term, for Jade we could be talking P10 = 395mln bbls +, so just call it 400mln bbls. With light oil the recovery factor can be as high as 50%+, let's stick with 40% of 200mln bbls = 80 mln bbls recoverable at $10/bbl in the ground and proven to flow = $800mln * c. 0.77 $/£ = £560mln or 70pps based on approx 800mln shares in issue after CLNs close and cash raise for testing. Add in some value for Topaz and Duyung, say 20pps, total potential near term target is 90pps...of course market almost always applies a discount, so 45,50,60p sound reasonable near term targets.

In 12 months time we could be drilling Topaz in the next weather window, which if successful would potentially be P10 891mln BBls, call it 900 * 50% = 450mln bbla x 40$ RF = 180mln bbls recoverable * $10 in the ground = $1.8bln * 0.77 = £1.36bln. Let's say there's 900mln shares in issue by the time Topaz comes around,

add up the possible value

Jade = £560mln
Topaz = £1.386mln
Duyung = £40mln (a guesstimate
Total = £1.986bln/900mln shares = £2.20 in a little over 12 months time for an outright sale?

all just my bofp calcs, dyor niai gle

[judijudi] 22/4/2022 08:41

Very simplified and all prices as examples

Past placings sometimes had bonus warrants attached
So just as an example if you bought 100,000 shares in a previous placing at for example 6p you were given the option to buy an additional bonus warrant at for example 9p (as an example the ratio might be 1 bonus warrant for every 2 placing shares bought)
So some folk are now buying the warrants that they were given in previous placings