Empyrean Energy Share Discussion Threads

[alex and ros] 19/10/2017 15:04

I was just saying to ros the other day, how much more civil our young Terry had become, since leaving GKP.

[terry hardacre] 19/10/2017 14:55

H - I dished out more than I received; a very bad period for me, and one from which I'm pleased to have moved a long way away from. As I've said previously, judgement becomes obscured by high emotions, and you showed yourself to be a thoroughly decent human being - for which you have my total respect.Anyway, at the risk of making a few people queasy, I shall leave it at that. Suffice to say I will be doubly pleased if we both prosper here; which I fully expect to happen!

[starzerus] 19/10/2017 14:35

once i caught a fish alive cmackay

[thegreatgeraldo] 19/10/2017 14:28

Think it would be odd if any flow rate wasn't released... working out potential reserve for an interval would take a bit of time. Of course, in the best case scenario, only one zone might be tested

[cmackay] 19/10/2017 14:22

Starzerus, you can take 11111 but I want 12345 :)

[cmackay] 19/10/2017 14:21

Are the company obliged to release flow rate and volume? I've heard concerns elsewhere that they may not do so.

[sportbilly1976] 19/10/2017 14:05

Can't say I've lost a load on one stock, but I've certainly missed out on one...

Bought 100k ASC in 2003 at 3p - sold at 8p :(

[starzerus] 19/10/2017 13:58

11111 would be nice

[terry hardacre] 19/10/2017 13:55

11,011 will be the real prize!

[nithbank] 19/10/2017 13:54

Have I got 11000?

[terry hardacre] 19/10/2017 13:53

Herschel; have to say I'm very pleased to learn about your turnaround - couldn't have happened to a better bloke.I have a theory that, at least for some people, you have to lose big to eventually do well in this game; especially AIM.I shed a stupid amount of money over the years in the process of trying to suss out the way to play the markets; the loss of money made the lessons much more keenly attended to. In the end I found that my mistake had too often been not knowing when to sell, and holding on too long to watch big profits become small profits and sometimes (all too often) big losses. Of course my tally wasn't helped by throwing money at the odd bowser as well.I think front-footing market reaction, and knowing when to get out (sometimes just cutting losses), has helped me do a similar thing to you and recover lost fortunes. It's funny when you suddenly start doing well at this; after a few years it becomes largely intuitive.Then of course there's also knowing when you're on to a life-changer, and when to stick around for the big rewards...Anyway, as seagreen would say, what a load of cack, but it passes the time while we wait for flow testing to kick off.

[herschel k] 19/10/2017 13:43

yes, unfortunately that was in 2016!

[thegreatgeraldo] 19/10/2017 13:39

Here's my MM conspiracy theory..... there's a rough balance between buyers & sellers today so far, so the price is meandering a bit.

[cmackay] 19/10/2017 13:31

Herschel, I can't say why I didn't sell any of my Lloyds holding last year before the referendum, but if I had negotiated that properly then I would probably not be holding any EME. I know nothing of oil, I simply liked the idea of an ROV of 7.9 on a share trading at 8.5. I've learned a novice amount of things relating to the industry which have been very interesting, as well as learning that AIM doesn't work how I assumed, so a nice insight into the investment strategies at play.

Have you had your 40th birthday yet?

[peterpowell21] 19/10/2017 13:05

sportbilly

i dont know where they are getting them from. All i know is that they are selling to someone and are keeping the lid on the price for them.I doing dummy sells again at the time they were offering me 23p. but they were letting buys go threw at 23.14p, 23.17p and 23.24p they were all buys then they drop the price to buy at 23p?,after one 30,000 sell. They did the same yesterday.

[herschel k] 19/10/2017 13:03

cmackay 19 Oct '17 - 12:55 - 10990 of 10993

very kind of you to say so - I can't honestly say why I did what I did (other than stupidity and not taking an objective step back), but sometimes you just have to hold your hands up, accept your mistake, and then get on with trying to rectify it.

I've been very fortunate that I've managed to do so.

I try not to think of where I'd be right now if I'd cashed in my chips at the appropriate time and reinvested that full amount in the same way as I've done since then.....almost certainly I'd have retired before my 40th birthday! :(

H

[cmackay] 19/10/2017 12:56

I'm disappointed, Stewart ;)

[stewart4700] 19/10/2017 12:55

I am surprised now that the workover rig has arrived we are not up about 3p and Sagasco ended down, very strange.

What is the timeframe for the workover rig is it 3 / 4 days to set up and then test the flow, also do they know straight away if it flows or I assume it will need a test over a number of days to ensure the flow continues

TIA

[cmackay] 19/10/2017 12:55

Herschel K, I agree that Christmas is likely an ambitious timeframe.

Regarding your penultimate post, I respect your resilience and perseverance.

[sportbilly1976] 19/10/2017 12:40

peter - if that is the case, where is the stock coming from for them to buy? PI's shuffling and flipping 25-100k aren't going to provide the volume

[ny boy] 19/10/2017 12:40

Happy holding here, also nice to see (TRIN) moving up fast behind these.

News on both these stocks soon, a race on to see which one finishes higher!

[peterpowell21] 19/10/2017 12:38

There must be a holding RNS sooner or latter here.
someone is being let in here at a very good price for days now.
they can try and mix the trades up but there has been relentless buying and they keep dropping the price so they can keep buying. Must be a large institutional investor for the MM's to play ball with them.
We will see in time.

[petercrosby] 19/10/2017 12:35

Alvarez Q1 2018 i think