Empyrean Energy Share Discussion Threads

[diarybeach] 03/5/2022 17:08

I think the CEO is probably still scratching his head wondering where he’s going to find $2 million to plug the hole for sending that money to a fraudsters bank account a few month’s back. I’m speculating but on basis of announcement, I assume that’s what happened?

Can anyone please clarify?

Talk about multiple kicks in the balls.

[diarybeach] 03/5/2022 15:18

This share price drift is likely to continue imo. 1.5p

[begorrah88] 03/5/2022 13:53

2 months?!Mark Hood has been saying it is just around the corner for a year & a half!TK was saying in October 'could drop any day'We have no more idea now than we ever have - just talk from CEO's that don't appear to know anything.

[blakieboy7] 03/5/2022 13:50

Bought another 93k

[buzzzzzzzz] 03/5/2022 13:43

Mark Hood and Parsons at CORO have been saying the same about the GSA for last two months.

It certainly won't explain where the leak came from.

Probably from the drill rig and then people selling when they saw the orice come off.

[aimomniscient] 03/5/2022 13:30

I want to k ow why Gaz Bisht has apparently told investors the GSA will will be done in 2 to 4 weeks time and 6 to 8 weeks later nothing.It might explain where the leak came from as details seem to be leaking unoffocially too often.

[k7pws] 03/5/2022 12:23

So many questions. Do we have access to surveys pre successful local drills? Could a difference between those and Jade be identified? There was gas so where did the gas come from? Suggestion was that it increased COS so assumption is that it must have migrated from where oil is present or oil at Jade has gone walkabout!

This is going to take some time. I’m sure the result was just as much a shock to Tom as us. The inclination to blame and want explanations quickly would be nice but I don’t honestly think an rns on this will be fast. A GSA would help and give the opportunity to give us a little more on progress than we have now.

It’s very bold to buy now when we don’t know where the 2 m will come from to finance the Jade drill. I don’t want to sell and shoot myself in the foot by promoting an even more knockdown fund raiser should that money not be recouped. That despite still being about break even at the current price.

[bengal1] 03/5/2022 12:22

Buz, agree.

[bengal1] 03/5/2022 12:21

Have EME appointed a legal team to address the $2m fraud? Really need that money.

[birotop] 03/5/2022 11:24

Agreed, it’s embarrassing…

[begorrah88] 03/5/2022 11:22

You'd think TK could use a phone or zoom/facetime/Skype to establish what went wrong rather than having to meet GB etc face to face.

[judijudi] 03/5/2022 11:03

Toon,
Thanks for the post
It will take time for Gaz and the Engineer to get back to Aus
Presumably a full de brief on Jade and then Tom will inform us all as to what happened

[grannyboy] 03/5/2022 10:33

Tom Kelly still managing to hoodwink the LTH's, well he has been doing it for years now so quite adapt at it!!

He should answer why the drill was 10 days earlier then anticipated, knowing that CNOOC have drilled many wells in the SCS?!!!

[10owen] 03/5/2022 10:23

Cheers Toon.Added a few myself this morning.Gla.

[rickyhatton] 03/5/2022 10:13

JJ
"Who leaked info to the market the day before the duster rns"
Probably impossible to ever discover - who sold the day before in large quantities might be an easier question to find out

[aimomniscient] 03/5/2022 09:54

Some discussion on the Telegram Group re why Gaz Bisht has said GSA was 2 to 4 weeks away sometime ago and it hasn't yet materialised. Are these timeliness official, if not why is Gaz quoting them and affecting market expectation?

[judijudi] 03/5/2022 09:46

Also where is our missing $2 million

[stewart4990] 03/5/2022 09:39

Well I added another 100k this morning took the view must be near the bottom. I have averaged down, agree Judi needs news on where we go from here answers to all your points required my basis on buy was Duyung.

[mostro] 03/5/2022 09:37

I suspect that news, if and when it arrives, will send the share price up or down anything between 25% and 100%. What fun!!