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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Empyrean Energy Plc | LSE:EME | London | Ordinary Share | GB00B09G2351 | ORD 0.2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.5105 | 0.40 | 0.59 | - | 0.00 | 08:06:47 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 0 | -20.8M | -0.0211 | -0.24 | 5.03M |
Date | Subject | Author | Discuss |
---|---|---|---|
23/4/2022 19:59 | Curry my link seems clickable to some but not others?! Strange, thanks for the backup though | blakieboy7 | |
23/4/2022 19:55 | clickable link to video by Mr Steve Larratt | currypasty | |
23/4/2022 19:27 | Excellent video blakieboy, cheers. | the sage | |
23/4/2022 19:27 | Please tell me we aren’t now going to now read and ramp into a thank you tweet haha. Ffs lol, shake that head ;-) I’ve already seen old Maltby on LSE putting two and two and getting six hundred lol. GSA can’t be far off now, over due in any case but it’s hard to truly factor this in given we have no financials whatsoever at this stage. Could as much be a let down hence the selling. No one has really paid any attention to the possibility of insiders reducing off the back of a poor GSA. I’m not saying that’s the case, but it is one theory | haveapunt1 | |
23/4/2022 18:08 | The duyung payment could be the answer to the short tern financel problems and steady nerves i am sure Tom will reveal all in his own time. It wont be long till we get the big news. IT could be a good time to get well oiled g l a share holders | mhfrancis | |
23/4/2022 17:48 | New video posted by the very helpful Mr Steve Larratt- youtu.be/3C2XSxVtT8U | blakieboy7 | |
23/4/2022 17:39 | Wonder why ? :-) | the donald | |
23/4/2022 17:16 | EME tweeting- hTtps://twitter.com/ | blakieboy7 | |
23/4/2022 12:20 | one step at a time, lets not get too far ahead.. I would be more than happy to exercise my 12p warrants if it will move a little further up | currypasty | |
23/4/2022 12:06 | Let’s find the commercial oil first hey | judijudi | |
23/4/2022 12:05 | Lipov don’t forget normal run of business cash burn. Worst case the full amount will need to be raised, that what I’m working on. The warrants won’t come into play, as they will be in a hurry to raise the cash, only way that will happen is PIs. Can’t see too many IIs wanting in at small speculative discounts on a flow test raise (in any real amount). My guess is open book build placement around 9-10p. Unless warrant holders come out to play at 12p and 18p. I would highly think raise conversation are happening as we speak | haveapunt1 | |
23/4/2022 12:04 | Lipov, expect more conversations if a decent size pay zone is intercepted, with good geological attributes. This will reduce further the dilution to just noise imo. | nametrade | |
23/4/2022 11:36 | Yup. But CNOOC have been very accommodating so far. I don't think they will hassle too much over the timing of the payment. Imo. | jemjem | |
23/4/2022 11:35 | Cool, so $7.4m less any warrants money until today since placing is £0.62m. Let’s say $6.5m needed which is around 55-58m shares if placing done at around 9.5p Much less than 10% of market cap. | lipov | |
23/4/2022 11:29 | Thanks, so will 100% of the 7.4 million testing costs also be down to EME... | bskiny1 | |
23/4/2022 11:22 | On a success basis, testing of any oil column has been quoted at US$7.4 million. | haveapunt1 | |
23/4/2022 10:57 | That said, there might be all sorts of negotiating possibilities. If, for example, Jade is declared commercial and CNOOC back in before Topaz is drilled, the accelerated payback amount for eme is going to be in the $25-30m bracket - maybe more.It's not beyond the realms of possibilities that eme negotiate away some, or all of that amount, in return for "free" expedited drills at Topaz.Anything becomes possible once Jade is "commercial ".Imo | jemjem | |
23/4/2022 10:57 | Be even less if we get our $2mill back | judijudi | |
23/4/2022 10:52 | Jemjem is right, only once in production. Starzerus, $1m or a bit less would be if warrants at 9p and 12p get fully excercised. The short term pain is that Eme needs money for testing in advance. But it won’t needed much to churn those placing shares if nice oil net pay is confirmed. | lipov | |
23/4/2022 10:47 | Yes they dont stump up 51% in cash unfortunately. | starzerus | |
23/4/2022 10:43 | No, it's not true bskiny.Once in production, eme get an accelerated payback from sales, to cover their costs prior to CNOOC backing in.Imo. | jemjem | |
23/4/2022 10:42 | Lipov i think we only need another 1m not 7 to test so no biggie. imho | starzerus | |
23/4/2022 10:38 | Is it not true that if CNOC take there 51% after a successful drill, they would have to pay EME for half all there expenses to date on the project not sure what figure we are talking here...GLA | bskiny1 | |
23/4/2022 10:24 | That was potentially very good news for us if Jade/Topaz turn to be commercial. I cannot find any cases in the past where Cnooc would buy from their JV partners the other 49% right after testing is completed in any license in SCS. But now things might be changing. In relation to funding it looks like Tom will have to go to institutions for $7m for testing as warrants won’t provide as share price below 12p. Otherwise only $1m would be required or less. He will need money soon as LWD shows there is high possibility that testing will be carried out. Could be next week already. For example: Placing for $6-7m at 9-10p is only a short term pain. Fingers crossed and hope for best results! | lipov |
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