Empyrean Energy Share Discussion Threads

[the donald] 04/5/2021 13:26

Well done all here. I only hold a small holding these days as I'm chasing something else. Pleased to see your patience and frustration paying off finally.

[lazarus2010] 04/5/2021 13:19

6.955 to sell 100k, nearly past the first leg up

[petercrosby] 04/5/2021 13:14

It still needs to crack the previous intraday high from last year to breakout properly IMO

[blakieboy7] 04/5/2021 13:09

Well we've cracked 7p on the mid

[blocker2] 04/5/2021 13:07

Movement now....

[wcj] 04/5/2021 13:06

Hooblooperman

Yes, I agree.

[begorrah88] 04/5/2021 13:03

Hopefully the difficulty getting through 7p will make it a solid support once we do.

[blakieboy7] 04/5/2021 13:02

Buys coming in at 7.15p

[blakieboy7] 04/5/2021 13:02

Bloody iphone! Bid not bud

[blakieboy7] 04/5/2021 13:01

Bud now at 6.9p

[blocker2] 04/5/2021 12:47

7p is taking some cracking

[bluehooperman] 04/5/2021 12:43

WjcThe million shares was a buy, after hours on 30th April :-))

[jacksspitfire] 04/5/2021 12:27

Laz... I thought we had a loan facility in place

[lazarus2010] 04/5/2021 12:23

just throwing something out there...

with oil going up and exploration getting hotter, queues are likely forming at rig contractors. Will we need to 'take a ticket' and be given a slot as and when it arrives or will we be able to book our desired slot?

Also would we need to make a deposit in advance or even pay in full?

The above clearly leads to a question of how much cash do we need and when do we need it for?

If we were to do a free carry JV if possible, we don't need anything, but from bofp calc's a la Craig earlier, we could be giving away 40pps in the success case, whereas if we only need a small amount of cash, Tom could easily go to the market or to a bank and borrow the deposit for the rig and pick his timeslot in line with the weather window and AGR completing the design.

I doubt that if we were to go it alone we would need to raise the full amount now, and likelihood is that by the time we drill and need the cash we would / should have the Duyung cash?

[wcj] 04/5/2021 12:06

1 million at 6.56. Reported as 16.46.12. Which day? Presumably a buy, but Thursday or Friday?

[currypasty] 04/5/2021 11:51

Oil looking to have another go at $70?


free stock charts from uk.advfn.com

[blocker2] 04/5/2021 11:45

Can we break 7p......

[hang ten] 04/5/2021 11:31

Very consistent buying this morning ! Those taking advantage buying since mid last week will be rewarded with the coming RNS's imo. I did say two weeks ago 5p was beyond cheap ! I'm saying today 7p is beyond cheap and when news on funding and or JV for block 29/11 lands ... well ... I would like to be at the very least clearing 16p + .... This could all happen quicker than we think. Then when the proceeds for our share of the hugely successful Duyung prospect hit the EME Bank account we will be the powerhouse !!!Massively exciting time here now at EME ... GLA

[blakieboy7] 04/5/2021 11:31

Funny how the resident bellend has gone AWOL!

[blakieboy7] 04/5/2021 11:26

Bud at 6.8

[starzerus] 04/5/2021 11:20

Me neither Blue.

[rajawali] 04/5/2021 11:18

The Red Emperor is likely long to the eyeballs.

[desertrat2] 04/5/2021 11:16

we seem to be missing Hodge Podge to discuss hope he is OK