Empyrean Energy Share Discussion Threads

[showme01] 28/2/2024 04:31

1.155 now plus, 272k, good volume:-)

[blakieboy7] 28/2/2024 02:53

CRD up over 5% so far to 1.14

[cmackay] 27/2/2024 17:18

Thank you for your response, Safiande.
I appreciate your insight.

[judijudi] 27/2/2024 15:16

🐔Womble

[safiande] 27/2/2024 15:01

Hey Hilly man,
Not very original. In fact very foolish even on your part. Several others here over the years have reckoned that poster Safiande is Tom in drag such as the irish scouser Lazarus 2010, judas goat obviously and even the Toonster Gangsta.
Back handed compliment because of the calibre of the posts no doubt!

[safiande] 27/2/2024 14:37

Hey Hilly man aka I like dem big trees in Hampstead Heath aka I like trees for cottaging hook ups with show me aka.....

Classic kettle pot line from you the other day that Tom likes to use many different avatars on this thread.

[starzerus] 27/2/2024 14:34

Hi Showme yes all good , in Cozumel MX at the moment.

[showme01] 27/2/2024 12:16

''Currently, the bonds are scheduled to mature in April 2024 when principal of €22.5m ($24.5m) will become repayable in full along with accrued and not paid interest of €6.8m ($7.4m).''

That would work out well for Coro.

[safiande] 27/2/2024 11:43

If it is, it is a howler even by their tree hugging standards.
Ministerial approval has advanced timelines and ensured that the WNTS operators provide pipeline capacity. So no more major impediments.
March is a long month to get this over the line in Q1.

[blakieboy7] 27/2/2024 11:26

Surely that's an error on Coro's part?!

[safiande] 27/2/2024 11:18

Updated Coro Q12024 presentation dtd 26 Feb 2024.
Appears to indicate GSA documentation approvals and farm out bid this quarter in timeline slide. Q2 is blank. In earlier text on top of the page " farm out / sale expected shortly." Includes recent Ministerial approval so up to date.

[10owen] 27/2/2024 09:22

Showme.On my monitor advfn shows CRD as all clear sells so we are clearly looking at different screens.Not sure what to believe these days with MMs playing games and shares going up with lots of sells and down with lots of buys.Lets just hope the trend here and for those of us in Coro as well continues to go up.

[showme01] 27/2/2024 09:13

10 Owen. They were not all sells, just the last transaction before the markets close is used. Buy was at 1.15. If they used a mid price at close, it would have been 1.12, up 11%

[birotop] 27/2/2024 07:40

Missed the boat at 0.6p..dear oh dear.

[10owen] 27/2/2024 07:36

Strange trading on Conrad showme all sells but as you say well up.Been away walking/climbing for a few days and not looked online so good to see fridays announcement which should underpin the share price Had hoped to pick up a few more of these at lower levels but think I've missed the boat on that one.Still if he gets a Topaz deal over the line we should get some more action before the GSA is finally done so might do a top up.Lets hope when the GSA comes it has been worth hanging on for.Gla.

[showme01] 27/2/2024 06:26

Conrad up 8% overnight on low volume

[safiande] 26/2/2024 15:09

cmackay,

Thanks for your question. It´s both. Included in the last presentation which was issued to the market as an ASX ann and in the last qtrly also issued to the market. Broadly speaking the DMO GSA is conditional upon the construction of a new pipeline from Singapore to Indonesia. If not, any DMO gas will be available to Conrad to sell to third parties under export prices. Singapore is scheduled to build 4 new gas fired power stations in the next 2 years, so Sembcorp will be gagging for this extra gas and will pay the current top dollar compared to the much lower DMO prices in the POD. This should result in a higher farm down price for EME.

[mark of the rushes] 26/2/2024 12:30

Cng worked with the Chinese,borrowing heavily, progressing their gold mine to a profitable enterprise. The Chinese then called in the debt, no prisoners.

[mark of the rushes] 26/2/2024 12:26

What's to stop the Indonesians taking their entitlement in situ and selling it on to a 3rd party(Singapore?) themselves?

Edited

[judijudi] 26/2/2024 12:09

They do have a good relationship with us that’s for sure mate
Money talks though and I think China are actually drilling a lot of wells themselves by the looks of it in the SCS

For example

[showme01] 26/2/2024 11:59

JJ, I have never suggested that it is a forgone conclusion but dialog to date suggests that there is a good relationship with CNOOC and their model is to allow others to pay the costs and take the risk and they just benefit from discoveries. As so much has been done with EME with this and Jade, why award it elsewhere?

[judijudi] 26/2/2024 11:38

show,
Maybe they might want it all for themselves or they may have another oiler knocking at their door?
The extension is not a given, it’s a might be or a hoped for
But it’s certainly not a forgone conclusion that it will be granted
imho