Empyrean Energy Share Discussion Threads

[ride daice] 08/2/2022 14:27

And I'm so in awe of you
That I don't know what to do
And I'm sailing on the seven seas so blue

A classic by Our Vessel Manoeuvres In the Dark

[jamesiebabie] 08/2/2022 14:12

bb - I have seen nothing around Jade.

ps. 708 started moving in the right direction 20 minutes ago. But that means nothing. Other survey ships remain static.

[buzzzzzzzz] 08/2/2022 13:39

cmackay

I believe the debt of CORO is around £22m which is more than covered by the £100m value of Duyung.

Interesting that you say EME is a better bet than CORO when you don't know anything about CORO. Not having a pop at you just an observation.

I hold both.

[blueblood] 08/2/2022 13:24

Get those ship goggles on! Survey must be done this week surely if not already!

[begorrah88] 08/2/2022 12:14

The selling will be the massive overhang that is always here.The regular 50/100/150 quick succession sells are always a feature of the EME trading.Remember an awful lot of shares went out in the last couple of dilutions to people who were probably, as we all were, expecting a much quicker return.Many of them are probably thinking a 15%+ return is better than waiting in this void to see if anything ever happens.

[cmackay] 08/2/2022 11:40

Buzz(z)

I invest in AIM shares, I believe it's fair to say that makes me a gambling man 😁

I vaguely remember Duyung being calculated as 11p to EME but I wouldn't take that as concrete.

Haven't Coro got massive debt? Some Euro bond iirc (but I often don't rc)

Fair point about the drill results being relevant here, but looking at the region it seems a strong likelihood of commercial discovery to me

Starzerus, don't be naughty 🤭

[stewart4990] 08/2/2022 11:06

I assume its a tree shake and it worked as they have got a fair number of shares back, lets see when it turns.

We must have plenty of weak holders that sell out on any drop, no wonder they lose money, watch it reverse and they will then sell them back to the people who sold, mind you I did that in the early days DOH !!

[blocker2] 08/2/2022 11:03

Nice trees shake

[lazarus2010] 08/2/2022 10:52

Buzzzz put that post on the Coro board as well...

[starzerus] 08/2/2022 10:22

agree cmackay - but if you fancy a bit on the side ;-)

[buzzzzzzzz] 08/2/2022 10:21

cmackay

CORO holds 15% of Duyung and EME 8%

Jade drill has >40% COS

If you not a gambling man then CORO is the better bet.

If you are a gambling man then EME has a lot of blue sky.

I have slightly more invested in CORO than EME and may take a little EME off the table before drill TD as I have some warrants from the placing for a free ride from 12p.


I believe some posters here have given a value for Duyung to EME of 8p per share which is approx £50m

So the value of Duyung to CORO is roughly £100m which is 5p a share very roughly and I believe there is some debt to be paid off.

So both look a pretty good bet to me but CORO is not subject to drill results that is the difference.

[cmackay] 08/2/2022 10:09

I've had a glance at Coro in the past but never bitten. Looks like a much better prospect here imvho

[craig2016] 08/2/2022 09:11

that's my CORO buy from 08:05 showing as a sell

agree laz we should try and stimulate some chat on that board

[georgesorrow] 08/2/2022 08:57

Weather is looking good for a survey, best for some weeks.
hxxps://www.windy.com/20.957/114.800/waves?swell1,20.464,114.800,8,m:ef4ajmv

Any survey ships ahoy, ship watchers?

[lazarus2010] 08/2/2022 08:48

Can we get some discussion on the Coro bb and re-visit the potential valuations of Duyung versus the debt on Coro books? Seems like a no brainer but with the share price staying low are we missing something or is it the market that is missing the bleedin' obvious?

[starzerus] 08/2/2022 08:35

I have to agree with you Buzzzzz it is so very tempting to just add a few more Coro.

[nithbank] 08/2/2022 08:15

LGW-I'd delete the app and reload. I haven't had any problems.

[birotop] 08/2/2022 08:10

So is PANR…

[blakieboy7] 08/2/2022 08:10

Blue already! Great start

[buzzzzzzzz] 08/2/2022 08:09

Well done.

I am fully loaded on CORO what's not to love.

I feel I should have more!!!

[lgw] 08/2/2022 08:09

Hi guys I am a lth of EME .Can anyone tell me why I can no longer see " news" releases marked against shares in my ADVFN monitor on my mobile device?I used this feature every morning to catch up and it disappeared yesterday.TIAGLA

[craig2016] 08/2/2022 08:06

just picked up some more CORO, trade still not showing

[craig2016] 07/2/2022 16:47

Telegram isn't for everyone that's for sure :-)