Empyrean Energy Share Discussion Threads

[the donald] 09/9/2022 07:59

I wonder what will rise the most today, Coro or EME?

[sue999] 09/9/2022 07:58

-- NPV10 net to Empyrean of US$49M (US$577M gross) in the Best Case (2C) scenario

o 23.8 Bcf net entitlement 2C resources to Empyrean during the PSC life;

[the donald] 09/9/2022 07:24

Coro have made reference to the same type of funding.... CPR capital expenditure requirement to first gas estimated at US$251M gross (US$38M net to Coro). Coro expects to secure a Reserve Based Lending facility for a large portion of the capital.

[bushman1] 09/9/2022 07:21

Jemjem. What est. value to the EME share price would you place on this piece of excellent news ? Also, a Topaz drill in 2023 now looking to be much more realistic ?

[m1sterx] 09/9/2022 07:21

Will be very interesting to watch the price action on this stock today, some very naughty characters have been at play here since the 27th April RNS.

Today's news may have caught these entities on the wrong side of a trade.

[the donald] 09/9/2022 07:20

CPR capital expenditure requirement to first gas estimated at US$251M gross (US$21.3M net to Empyrean). It is anticipated that a reserve based lending ("RBL") debt structure would be appropriate to fund the development........
Is this for EME or Conrad or both?

[blakieboy7] 09/9/2022 07:17

Coro RNS just out too

[jemjem] 09/9/2022 07:12

POD is excellent news with some very attractive NPV numbers.The fact Conrad have allowed this to be announced is their starting gun for IPO and GSA, which I expect will follow in the near future .It'll happen, no doubt. I can wait a little longer.Tick tock.Imo

[begorrah88] 09/9/2022 07:11

Because the GSA hasn't been signed yet.

Todays EME RNS just tells us that Conrad & SKK Migas have agreed PoD terms for submission.

[the donald] 09/9/2022 07:08

No RNS at Coro yet

[the donald] 09/9/2022 07:07

If the Conrad IPO document has a closing date, the GSA must surely be signed and details confirmed prior to the closing date of the 14th October.

[begorrah88] 09/9/2022 07:04

So no then

'Operator has indicated that termed Gas Sales Agreements ("GSA"), for gas sold into Singapore, are under discussion with SKK Migas with a view to finalising sales arrangements in the near future'

Apparently no progress there.

[the donald] 09/9/2022 06:52

That's great news. GSA's must now be signed.

[dodgydd] 09/9/2022 06:20

Conrad Prospectus is out. I'm unable to open it. Closing date 14th October

[judijudi] 08/9/2022 19:21

👏👏

[stewart4990] 08/9/2022 19:14

Well said Abergele

[cmackay] 08/9/2022 19:12

A beautiful sentiment, abergele

[abergele] 08/9/2022 19:06

Most of you may have heard by now that we have lost our dear Queen,
It saddens me to even think about it.She passed away this afternoon.
A beautiful Princess in her early youth, then turned into a beautiful Queen.
God bless her, may she rest in peace,
and always be in our hearts and minds.
She will in mine.
RIP.

[odillon] 08/9/2022 18:33

'mon the GSA!

[wcj] 08/9/2022 17:00

"but I am still sitting on a loss"

Yes, rather like piles. Painful, hard to ignore, and just go on and on.

[lazarus2010] 08/9/2022 16:58

Curry, digger, I think we will all have 'Still waiting for the GSA!!' on our urns/gravestones!!

[buzzzzzzzz] 08/9/2022 16:56

Are there any pending possibilities that could reverse my EME misfortune?
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GSA

[digger2779] 08/9/2022 16:24

curry - same here. Think I'll have it etched on the urn that holds my ashes when the time comes.
CORO is starting to perk up a bit so maybe news in the offing?