Empyrean Energy Share Discussion Threads

[scaleyman] 05/5/2022 21:46

Good luck to you too TG. Pleased that you're happy with your decision, must be very gratifying.

[the guardian] 05/5/2022 21:39

Sorry to see the fall. I watch shares now and again but got out completely a few years ago. Best thing I ever did.As always after bad news, I see that one Aussie poster is conspicuous by his absence.Good luck for the future.

[blakieboy7] 05/5/2022 20:35

Cazaman - profile created 2 days ago

[helpfull] 05/5/2022 18:12

If there is to be an inevitable cash raise (whatever form it takes) in the next few days the company should announce it immediately and ensure there is a level playing field for all. Especially after what was seen as a leak of "news" to the market the day before the result of the Jade drill was announced. There might be a growing list of mismanagement accumulating around EME that is disconcerting and expensive for shareholders. Mismanagement is mismanagement, not risk.

Be careful.

[bengal1] 05/5/2022 17:53

Loan Note has a charge over Duyung.

[bungeetrader] 05/5/2022 17:11

It makes it all the more painful when you see loads of other oilers going nuts just now. We can only imagine what the share price would have done if they had found oil......

[rickyhatton] 05/5/2022 17:00

And that the bottle had excellent porosity and permeability, ... had it not been empty!
Timing is everything.

[michmcd] 05/5/2022 16:39

'good-quality but empty bottle' - sounds like my fkin wallet right now. Come on Tom sort this out!

[oilforex] 05/5/2022 16:38

Probably a placing at 1.5p to the favoured few, allowing them to get out with some profits on any rise into value.

[crosseyed] 05/5/2022 16:28

Thanks oilforex/Judijudi/mark for your replies. I like the 'good-quality but empty bottle' analogy.
c

[currypasty] 05/5/2022 16:25

looks like secure the next drill at ANY cost to existing holders

[oakville] 05/5/2022 16:24

Placing at 1.5p

[blueblood] 05/5/2022 16:20

WfT is going on here then. TK needs to clarity if we need funding by June 22 to secure 2 year drill window. Bloody ridiculous when risked value if Duyung was 2.8p with much lower gas prices!

[aimomniscient] 05/5/2022 16:12

Braced for placing.After the leak of the drill result if a placing lands I'd imagine some holders will be putting TK under pressure.TR1s handily under the radar been given a week to sell no doubt.

[sandy12345] 05/5/2022 16:05

Added 500k we are ridiculously low imho

[oilforex] 05/5/2022 15:59

Tom's got to get some money in the coffers to pay his wages and keep the lights on.

[mark of the rushes] 05/5/2022 15:57

Crosseyed...my interpretation is that all the conditions were fulfilled (reservoir quality sandstone, trap, seal) but unfortunately the oil didn't find its way there. That was the biggest risk factor if my memory serves me right.

[currypasty] 05/5/2022 15:56

couldnt we just wait till Duyung update ?

[digger2779] 05/5/2022 15:49

JJ - certainly looks like it. Falling off a cliff now.

[judijudi] 05/5/2022 15:49

crosseyed
No oil
Reservoir had potential for oil

[judijudi] 05/5/2022 15:48

Confetti placing incoming
Imho

[aimomniscient] 05/5/2022 15:24

There have been a number of videos that have misled the investors at EME as to the value of Mako.Most of those calling it worth 8-10p ha e departed leaving those on to work out the safety net in considerably lower.Lack of working capital, fraud case owing 2m, CLN owed 1.8m against Mako are coming home to roost.Would a 1.25p placi g really be a surprise atm?