Empyrean Energy Share Discussion Threads

[judijudi] 06/11/2024 07:29

That’s a proper kick in the teeth for all holders who have supported him over the years and can’t take advantage or don’t want to
This is a travesty
Imho

[showme01] 06/11/2024 07:17

Tom who lost us $2m on his watch through fraud is now selling EME an opportunity? Really.

[bungeetrader] 06/11/2024 07:12

Well there's the answer to what's been going on then!
Pretty big discount though but at least we are still alive.......

[blueblood] 05/11/2024 17:36

We plug on if they can't take the gas once we are ready for production Sembcorp will!

[blakieboy7] 05/11/2024 17:24

Disagree George

[georgesorrow] 05/11/2024 17:07

I'm not suggesting they will build the pipeline and exercise the option, I am just saying that the ministerial decision not to could take months going by past performance. It's two months since the export GSA was signed, but without the domestic gas decision we are still in indefinite limbo.

[safiande] 05/11/2024 17:05

The option for the DMO has always existed and is a part of the POD if the Indos can afford the pipeline. Nothing new there. No impact on the farm out. More colon stain type alarmist claptrap.

[blakieboy7] 05/11/2024 16:45

Agreed. The target for FID is end of this year or early January. Farm down has to happen prior to that

[blueblood] 05/11/2024 16:43

That won't hold it up highly unlikely they will build new pipeline costing $100m+

[georgesorrow] 05/11/2024 16:26

So we now have to wait an indeterminate length of time for Indo to decide whether or not to exercise its option for domestic gas, obviously blocking any farmdown in the meantime as no valuation is possible until this decision is taken

If by some miracle TK got the nod on an extension for Topaz, at this rate he is going to be in default again if he has offered to drill within 12 month of the licence ending (H1 2025) as there is only a month or so left for pre-drill procurement activities, seabed surveys, booking a rig etc.

[coiin stein] 05/11/2024 15:05

𝟮𝟬𝗽 𝗔𝗵𝗼𝘆! anybody ???
𝗢𝗛 𝗡𝗢 !!!!! …
now it's only 𝟬.𝟮𝟬 𝗮𝗵𝗼𝘆

[one2go] 05/11/2024 14:56

Nortrust must be delighted with their investment, they probably paid .25p, they have 58m shares, quite recently some folks were paying .30p

I wonder if Nortrust are in the market for more, in between the sells there have been some reasonably larger buys.

Maybe another TR1 soon?

[birotop] 05/11/2024 14:33

What nobody topping up?

[martym] 05/11/2024 13:01

Owner of 2 mil shares I've written this off!!!

[blueblood] 05/11/2024 12:54

Let's just get farm down done for Xmas ?

[pjj71] 05/11/2024 12:50

when's the delisting and asset sale to friends and family???

[safiande] 05/11/2024 12:16

As per latest podcast today from Mario, FID go ahead is likely to slip to early next year as Conrad need to get the farm down & debt financing in place before year end. Target is to cover 60 - 70% of capex by debt and the rest by farm down.
He confirmed that in addition they are planning a farm down of the deeper prospects. Mako is in shallow waters. Mako deep prospect hasn´t been mentioned for a while but could prove to be very lucrative for the JV as there are already discoveries in close proximity e.g. Anambas / KUFPEC. Adds to the value of the acreage for the majors buying in.

[odillon] 05/11/2024 12:14

The interviewer in the Stockhead interview states;

"The Singapore gas is broadly in line with delivered price of liquefied natural gas"

To which Mario responds "Correct"

[neilyb675] 05/11/2024 12:02

All engineered by small trades

[blakieboy7] 05/11/2024 12:01

Nortrust?!

[neilyb675] 05/11/2024 12:00

Background buyer taking chunks imo

[broken_arrow1] 05/11/2024 11:57

Strange goings on here, premium (.22p) now being asked for just £4k of shares.

RSI into oversold territory, shares were trading at .40p in September.

M/cap now only £2.2m

[odillon] 05/11/2024 11:56

from about 3.30 in the audio clip Mario discusses the domestic and Singapore deals and gas prices