Empyrean Energy Share Discussion Threads

[pd1001] 15/12/2021 16:06

Its an emotional day for me. invested, out, in etc etc but for first time ever (in over 10 years) I'm blue! Apologies if I jinx it lol

[trint76] 15/12/2021 16:02

Haha.. I've been about and still hold all this time blakie. Had a 'spidey sense' that Laz was doing a share price calculation and thought I'd drop by. Good to see so many regulars still here.

[blueblood] 15/12/2021 16:00

Do we know for sure what drill platform we will be using? JB are you tracking right vessel on Marine Traffic?

[blakieboy7] 15/12/2021 15:44

Some nice buys going through this afternoon

[blakieboy7] 15/12/2021 15:25

Trint where have you been hiding?! You haven't posted for a long time

[starzerus] 15/12/2021 15:24

that would be funny and may well happen imho.

[blueblood] 15/12/2021 15:22

Be very funny if we got spud RNS before funding confirmation!

[lazarus2010] 15/12/2021 15:10

quick straw poll while we continue to wait on news...What price the share price pre-drill?

Using some simple calculations...

If we need say £10mln+/- for drilling (all in, includes permits etc)

and current market cap is c. £40mln, this would mean 25% of current issued shares would need to be raised =

577mln x 25% = 144.25mln shares issued @ say 7pps = £10mln

Total new shares = 721mln shares +/- depending upon share price at placing

P10 = 395mln bbls estimated for Jade @ 49% = 193.5mln @ $5/bbl in the ground = $968,000,000/c. 1.32 = £733mln / 721mln shares = £1.01ps

For Mean (225mln bbls) = 58pps
For P50 = 48pps
For P90 = 24pps

[blueblood] 15/12/2021 13:59

Ho ho ho wants Santa Tom got in his sack this year? Funding package, drill contract, signed GSAs, reserves upgrade.....Just hope he isn't waiting for his new pen in his present!

[starzerus] 15/12/2021 13:17

There are more shares in the hands of LTH's as time goes by with these low prices as some of us get tempted to hoover up the newbies sells.

[the donald] 15/12/2021 12:51

The sells get bought into. Confidence is high.

[abergele] 15/12/2021 12:23

Toon,
these newfaces should show a Covid test Passport before they post here,
can you not oversee it asap,
as it's bad for moral..also gives us the shxts haahaaa,,,g.l. all Lth's

[jamesiebabie] 15/12/2021 10:43

Toon - I have faith in TK, but the drill bit is the key to unlocking shareholders wealth.

I hope for all shareholders that this plays out in a VERY positive way.

[nametrade] 15/12/2021 10:17

True, why worry.
Tom has remortgaged apparently and he’s obviously not worried…ԅ14;

[lazarus2010] 15/12/2021 10:14

JB...we all got older and grumpier ;-)

[jamesiebabie] 15/12/2021 10:02

I do love this bb; nothing has changed over all these years.

In TK, we must trust.

Keep smiling folks.

If you worry about this share, then you are exposed too much, I suspect.

[bengal1] 15/12/2021 08:51

What do you hear?

[bigboots] 15/12/2021 08:50

Not looking good in OZ... I hear, drilling delayed...funding hitting a snag !!

[kir] 15/12/2021 07:53

Still Radio Silence. No funding news up to now and we have a drilling team that must surely know when they are supposed to start quite soon/ This must be a huge operation with all the planning and everything else involved, AMAZING!

[bengal1] 15/12/2021 07:36

Desperate JJ. Fingers crossed.