Empyrean Energy Share Discussion Threads

[blakieboy7] 17/2/2022 10:21

Great post Laz

[buzzzzzzzz] 17/2/2022 10:13

George good point.

Far more likely still an overhang from placing as higher share price is hit there will be a certain amount of shares sold at each level.

Can't believe anyone shorting this until drill gets near touchdown......recipe for disaster!

[helpfull] 17/2/2022 10:04

Has "mobilisation" not occured because the initial payment went astray? Has a second "mobilisation" fee been paid? If not, that might explain the tardiness to do the survey as well as the terribly high seas in my opinion (which in future I will abbreviate to imo).

Be careful.

[georgesorrow] 17/2/2022 09:59

If we are being shorted by a heavyweight institution, and this has been going on for some time, then all I can say is they are not very good at it. We are still way above the 200 day average.

[begorrah88] 17/2/2022 09:49

Hang ten

Be easier just to look for yourself wouldn't it?

Here's a serious question (hang ten,hooperman,buzzzz,starzerus you can all run along now and go and clap at a cartoon etc) for genuine people interested in debate.

Does anyone think we might be being shorted by an institution?

Nothing registered on shorttracker website but these 150000/250000 sells are regular & consistent & have been going on along time - maybe that is a positive as some short covering would have to happen if we get good news? Were Winterthers playing some short game that resulted in their recent buying spree?

[starzerus] 17/2/2022 09:48

Clear as day.

[hang ten] 17/2/2022 09:43

Begorrah88 Are you still in the list of 'board Disrupters' recommended to filter ? On the header of this page ?

[begorrah88] 17/2/2022 09:39

Got to say there is a growing sense of panic about trying to stifle anyone not singing the company song on here.Why the desperate need to suppress any debate?

[whoneedslottery2] 17/2/2022 09:26

That's one positive possibility imo blueblood - the overall survey period may have included mobilisation, travelling to and from the site, analysing data and processing.

[begorrah88] 17/2/2022 09:23

Oh, the 'imho' related to the whole of that statement not just the expectation of the funds being refunded?I would always be wary of something a CEO might have intimated but isn't prepared to state formally....imho;-)

[lazarus2010] 17/2/2022 09:19

beg...note the 'just imho'...clearly I make the point that this interpretation is just that.

Others on here make assumptions and portray them as facts. No 'imo', no caveats etc.

[begorrah88] 17/2/2022 09:17

Laz,Talking about people posting things without anything to back them up......'The money was paid into the wrong account due to the bank or COSL themselves being at fault, and therefore the money, if not recovered, will be refunded...just imho.'You got anything to back that up? It definitely doesn't say that in any of the formal statements made to the market & that would afford some comfort if it has been confirmed by EME formally that either the bank or COSL were at fault.

[helpfull] 17/2/2022 09:07

I'm afraid you're not allowed to mention the war or anything negative. It's better to stick to "filled to spill" and the classic "Duyung news anyday soon now". That's been OK for the last two or three years. It's also good to quote a mate from a golf course in Singapore.

Anywho. The cyber fraud is US$1.98 million. That's "a 10% deposit (US$1.23m) on the dry hole cost component of the Integrated Drilling Contract ("IDC") signed with COSL plus mobilisation costs (US$0.75m)". The company has not stated in a RNS that it has sent a second sum of money as replacement. Posters are concentrating their energy on plotting the movements of every Sampan in the China sea.

Be careful.

[birotop] 17/2/2022 09:06

The gatekeeper has spoken…

[lazarus2010] 17/2/2022 09:05

DiaryBeach, everybody is entitled to their views (yes begorrah, they are ;-0) however a personal view without anything to back it up is worthless and can be intended to promote or demote the share price It seems in your case you have come on here with negative posts based on your opinion and so called experience.

There are others on here who can prove their experience and have a different view from yourself. The money was paid into the wrong account due to the bank or COSL themselves being at fault, and therefore the money, if not recovered, will be refunded...just imho.

In the big picture, if the money is lost, it will not stop the drill bit from spinning, we have the weather to thank for that! It will be an inconvenience and could mean more funds need to be raised, which is also the case if h-cs are proven and we need another $6-7mln to test the well, so what's another c. $1.6mln on top of that, it's not been a deal breaker thus far (unless COSL are manufacturing bad weather until EME cough up the deposit!?)

So now you have made your comment, and received a response, probably doesn't need any further discussion. It's out there in the RNs and will be reported on officially in due course.

Moving on...sp trying to head north again but pegged back by some sells, eventually this will break if no actual news before then and we should see a move to the upside...or downside ;-)

[judijudi] 17/2/2022 09:03

BB
From a few days to 4 hours
I doubt it
bwtfdik

[blueblood] 17/2/2022 08:59

So has survey finished early? Plans change and could they have decided on single location that they have checked is ok for pipes etc?

[diarybeach] 17/2/2022 08:53

We also have a lovely morning here in the Midlands judi but this nasty storm is on its way so better baton down the hatches.

[judijudi] 17/2/2022 08:47

Pleasantly surprised to see a bit of early blue
Long may it continue 🤞🤞

[ride daice] 17/2/2022 08:45

Will the next update refer to CyberCod ?

[blakieboy7] 17/2/2022 08:37

This avatar is less than 1 month old....