Empyrean Energy Share Discussion Threads

[showme01] 13/6/2024 06:01

Progress finally and conclusion within sight.

[showme01] 13/6/2024 06:00

Chairmans comments 'With the key value drivers of the Gas Sales Agreements now defined and capital costs updated, we are now in a position to
conclude negotiations for possible sale of some of our equity with possible farmin parties and to progress financing arrangements for the development. We are in negotiations with a number of potential buyers of equity in Mako and we can
now demonstrate value of the project with the GSAs and capital costs matured. We have developed a strong financing plan
and this, along with the farm down of interests, will become the focus in the second half of the year.
It has been frustratingly slow but inexorable progress has been made during the year. We have progressively built momentum
and are making progress on having a Final Investment Decision made in the 4th Quarter of 2024. This will lead to first gas
production in 4 Q 2026. Our work to date has confirmed that the Mako Development is an attractive investment for Conrad
and will underwrite cashflows for the business for over 10 years.'

[the sage] 13/6/2024 04:47

Conrad AGM statement says FID Q4.

[showme01] 12/6/2024 22:27

I agree with you but they have spent a lot of money doing further surveillance and nothing...... would they have done all of that if they didn't think they had a reasonable chance?

[judijudi] 12/6/2024 22:19

Surely It’s not or we would have been rns’d
I don’t hold out hardly any hope

[showme01] 12/6/2024 21:04

Is there any site online we can access to see if a Topaz extension has been granted?

[currypasty] 12/6/2024 20:51

salary sacrifice due?

[showme01] 12/6/2024 20:45

I think with the value of Duyung to EME , whenever it happens, there is no gamble imo anywhere near these levels. Just frustration. Spencer bought, so why not Gas Clouds and Kelly?

[wooster4] 12/6/2024 20:30

Bought a few with some punt money earlier - sold out many years ago but like a gamble

[lazarus2010] 12/6/2024 20:08

georgesorrow11 Jun '24 - 12:00 - 55019 of 55049
0 2 0
TK and GB together own 13.05% of EME after the last placing. So something should be doable.
--------------------
For me the big question is why aren't they buying now? If they are confident we will get news they should be buying at this price.

So then the question is are they in a closed period, so they know news is coming, or do they know there is no news and they're not prepared to risk any more money? 🤔😱😭

[blakieboy7] 12/6/2024 18:13

2nm buy now showing at 0.34p just before the close

[showme01] 12/6/2024 13:31

Bought a few more to get my average down. Let's hope for some good feedback from Conrads AGM. I'm sure their shareholders will not be happy sat on losses since IPO.

[showme01] 12/6/2024 12:56

Yes, lets hope

[cmackay] 12/6/2024 12:55

Yes, let's keep fingers crossed for a reassuring 'imminent' statement from CRD
😅

[showme01] 12/6/2024 10:41

Jemjem, have we?

[judijudi] 12/6/2024 09:08

blakie,
Foolishness (at best) greed and miss management are the MO of this bunch of Clowns
In my humble opinion only

[blueblood] 12/6/2024 09:02

Conrad AGM in early hours tonight so hopefully wake up to RNS and some progress tomorrow #clutchingatstraws

[currypasty] 12/6/2024 08:46

"Mako money is safely in the bank"

a contadiction in itsef

[blakieboy7] 12/6/2024 08:41

JJ one would hope that lightning/foolishness doesn't strike twice

[judijudi] 12/6/2024 08:38

JJ,
Agree
But will the money be safe once it’s in our bank account?
Who knows with this lot
Imho

[jemjem] 12/6/2024 08:34

showme.
We've done the "shareholders must do something" to death. If that's what people want to do - then fine, that's what being a shareholder entitles you to try and do. But to try it just because there is no Topaz extension (but before mako GSA), as you suggest, is madness. The loan note holders will move in straight away and you will lose all round. If there is a time to do it - then it has to be once the Mako money is safely in the bank.
Imo

[judijudi] 12/6/2024 07:59

show,
I don’t disagree If we don’t get a Topaz extension (which I hold little hope of) and won’t divi up the Duyung money
If they want to carry on pulling in mug punters for Wild Goose chases on 5th rate projects let them start afresh
imho

[birotop] 12/6/2024 07:49

Yes the £2m is certainly funding somebody’s lifestyle and it ain’t mine..