Empyrean Energy Share Discussion Threads

[rajawali] 12/11/2021 09:22

I guess those holding now are committed. In other words, there is no real sell liquidity until the drill turns.

Those who saw the idea of inadequate additional funds from warrant exercise as a trigger to short EME must be feeling pretty smart (although with minimal paper profit).

But when the rabbit is released onto the market from TK's hat, and there is no liquidity on the offer, and the market starts to take notice of the asymmetry of the payoff, then it may be rather terrifying.

The lack of another warrant extension must be of concern to them.

[judijudi] 12/11/2021 08:50

I’m not expecting anything else today myself
bwtfdik

[craig2016] 12/11/2021 08:20

I noticed EME often don't like to have there RNS's released at 7am.

[rajawali] 12/11/2021 07:58

Let's see what rabbit TK pulls out of his hat.
Xmas is 6 wks away.

[blakieboy7] 12/11/2021 07:51

Small volume of warrants exercised

[buzzzzzzzz] 12/11/2021 07:37

Toon.

Good reply.

Hope we all make a packet.

[lazarus2010] 11/11/2021 22:09

Coro presentation...

Mentioned looking at how to release value from the Duyung asset.

Also

'...the next step for us is to work alongside the operator to finalise those gas sales agreements (plural) which are progressing at pace and should have news coming through relatively shortly'

He said they have updated the PoD which HAS been changed and updated due to the increase in the reserves.

Will export direct to Singapore.

Not much else.

Key points:
- more than one GSA (Which might explain the delays to EME being able to issue an RNS?)
- Expecting news on GSAs relatively soon
- PoD HAS been changed and updated (didn't say submitted?)
- Looking to release value from the asset.

[thetoonarmy2] 11/11/2021 20:56

Buzz I certainly never told you to sell up what I said if people have no faith in TK it would be better get out now and save what money they can and de stress I know if I didn't believe in TK then I wouldn't expect the drill to go ahead and price would dropLook I accept people are worried and frustrated that's ok but a few on here seem to have lost total faith in TK well it's certainly in there interest to bail out while they canAnyway good luck hope you make a packet you obviously not one for bailing :)

[the donald] 11/11/2021 20:29

They did but Mark did say Covid has delayed things but they are progressing at speed now. I got the impression we should get something in terms of an update soon but how soon is soon? Sharesure, what was your impression?

[nametrade] 11/11/2021 20:17

The Donald.....so to shorten what you've said...they have done nothing with it...
They said soon....quite a while ago..

[starzerus] 11/11/2021 20:08

Interesting article Toon. Seems like a perfect storm of events in our favour. Let's hope they are crossing the T's and dotting the I's as we speak . Good luck all holders

[sharesure] 11/11/2021 19:49

Not much new on Coro from ProActive presentation. Presentation pre-recorded so questions on it won’t be answered this evening but will be followed up over the next few days. Covid travel restrictions have impeded progress on travel to the Philippines in order to progress the realisation of the value in Duyong. Sounds very excited about it but no indication of timescale on how soon they will be in a position to say more although seemed to imply that making progress is now possible because travel to the area is getting easier.

[the donald] 11/11/2021 19:42

Covid has delayed matters in Duyung but now progressing at speed. Development plan has recently changed due to potential increasing. Expect to entering into GSA soon.

[buzzzzzzzz] 11/11/2021 19:05

No I forgot to do it :) LOL

[begorrah88] 11/11/2021 18:41

Buzzzzz I think the poster you are referring to was me yet you've got me on filter?!Did blocker set up your filter for you?(I'm only amusing myself as Buzzzz has me on filter so won't read this). ;-)

[buzzzzzzzz] 11/11/2021 18:05

Toon

I have plenty of EME shares and if I want to be critical I will be and I don't take kindly to being told to sell up.

As one poster said do we really want a sycophantic thread where no questioning or supposition is allowed.

If so welcome to 1984!

[craig2016] 11/11/2021 17:23

any link for the Coro presentation??

[craig2016] 11/11/2021 16:21

well its make your mind up time for warrant holders, hopefully those that have chosen not to exercise won't feel too bad in a few days when the details of the funding are revealed and the share price triples - one can hope. fingers crossed everyone

[michaelhfrancis] 11/11/2021 14:41

I beleave Tom has a deal up his sleeve that was the reason he tried the Warrents option first if it worked it was the best option for the company i am told that Tom worked in the Financial world before he joined EME so he will have plenty of contacts in that world to finalise finance needs; wants the markets gets the details from EME its on wards and up words and UP WORDS dyor and gla

[buffythebuffoon] 11/11/2021 10:42

Petercrosby,

“ could TK put his 88,000,000 up as security for a loan and lend the company the money his self? “

He’s obviously told you about plan C.

Buffy

[buffythebuffoon] 11/11/2021 10:39

“ Contract signed - deposit paid we are moving forward.”

Agreed.

Although I’m not sure whether we were standing on the precipice of a very big cliff.

Buffy

[wcj] 11/11/2021 10:08

There has been downward pressure on the share price over the past couple of weeks. Presumably that is down to people selling shares to be ready to fund the warrant exercise.

If they have got cold feet and decided not to exercise they are now short of shares and have cash in hand. Should we now not see a quiet upside pressure as they restore their balance?