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Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean Energy Plc LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.975 3.75 4.20 3.975 3.76 3.98 0.00 08:00:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 -0.0 - 19

Empyrean Energy Share Discussion Threads

Showing 308251 to 308271 of 309075 messages
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DateSubjectAuthorDiscuss
14/1/2021
07:19
Why does being a shareholder here feel periodically that you are having your pants pulled down? Now don't get excited Saf, I'm not talking about cottaging on Hampstead Heath. TK should update shareholders even if it is through an 'interview' with someone like Malcy.
showmethemoneyhoney1
14/1/2021
01:47
G´day Bushman, I´m stoked at the Borba progress. Drilling later this month. Time to crack open the Castlemaine Perkins XXXX tinnies mate! I´m lovin´it here bro.
safiande
13/1/2021
23:47
13 Jan '21 - 12:18 - 35525 of 35547 0 10 1 I see that one of the prime de-rampers is now stating that TK is refusing to provide any update. Pure lies as usual. If Kelly had any news he would be obliged to reveal all. He has provided no more nor no less info than Coro. No one here knows the exact situation on Mako including any confidentiality clauses that may exist particularly with a private company that is not subject to any market disclosure —------------------------- Thats bs and you know it. Kelly only has to issue an RNS when some material event has occurred. He doesn't need to issue an RNS saying there are delays in the signing of a GSA and ipso facto the sale of EME's stake as he hasn't ever committed to a specific date. He's just hiding behind smoke and mirrors and avoiding updating shareholders as he needs our support for another year's salary according to your latest timeline update.
lazarus2010
13/1/2021
23:41
BEGORRAH, do you really wonder? I think it's obvious, Saf is somebody's alter ego or just a patsy being used to let some info out gently without issuing an RNS that the whole GSA and hence monetisation of Duyung will be further delayed as TK doesn't have the balls to provide shareholders with such information... All just my guess in my humble opinion of course. No investment advice intended. Do your own research.
lazarus2010
13/1/2021
18:13
Brilliant!Gotta laugh!So now, at long last, Saf is acknowledging a significant time frame slippage.This from the 'research expert' who doesn't think that sort of significant info warrants an update.But don't worry because he's 'assumed' it must be a good reason & however long TK takes to sell his share, even if he does, it really is worth the wait.The 'top notcher' has once again been caught out trying to convince everyone that things are great even when his own research tells otherwise.Makes me wonder why he is doing this and what his agenda is?
begorrah88
13/1/2021
16:47
blue, isn't that what I queried? But why would FID not be until end Q3 if GSA signed 'soon' and would the sale be effected shortly after GSA signed or not until FID is completed? I would assume that the FID needs an FDP completing and approving first which might explain in part the delay, however we seem to already have a development cost calculated and they couldn't do that without the bulk of the work for the FDP & FID having already been carried out. Anybody estimating the time it takes to have the FID completed would probably not come up with an 8 month timeline, therefore either Saf knows more than he is letting on, or he is wildly pessimistic...but that is probably realistic in terms of Conrad and TK performance to date.
lazarus2010
13/1/2021
16:34
Mixing up timescales now! Q3 us for FID which will need the GSA signed and equity partners sorted out first. GSA sign off with Sembcorp and possible a n other coming quite soon....lol!
blueblood
13/1/2021
16:25
Come on Tom give us an RNS to stop this in-house nonsense!!
blakieboy7
13/1/2021
16:13
He's busy trying to find a way to prove Q3 is 'quite soon' & is what he & Malcy meant all along.
begorrah88
13/1/2021
15:29
I guess we won't get a reply from Saf until tomorrow morning now, bedtime in the land of Oz ;-)
lazarus2010
13/1/2021
14:10
Has that post been edited... no mention of TXP.....
birotop
13/1/2021
14:02
Saf, there is no clear definition of what 'quite close' means in terms of time or timing of events. I guess if you're looking forward to Christmas or a holiday, quite close might suggest within weeks, certainly no more than a month (imho). Now you're suggesting that this could be up to end of Q3 (my interpretation of what you have said being that as soon as the GSA is signed, if everything else has been negotiated prior to this, then the final signing of contracts for sale of the various stakes in Duyung should only be a matter of days away, rather than signing the GSA in say the next 2 weeks and then spending 8 months finalising the sale?). Something that has left me with questions is that if the HoA has been signed some 12 months ago I think, why has no GSA been signed? Part of the answer seems to be the certification of resources by the Indonesian government, and now that has been done, why might the GSA take many more months to be signed? Could it be that the HoA is non-binding and Conrad have gone to the market to find a better price or at least to ensure that Sembcorp pay the full price? I am sure there are many questions which could be answered by Conrad and allow TK to issue an update; it just seems to be that they choose not to and TK doesn't want to bite the hand that feeds him, metaphorically speaking of course as I'm not talking about his wife ;-) Further open question, would the sale be dependent upon the FID or FDP being approved first, after the GSA is agreed? From what information TK has provided in the past, it certainly seemed like a deal and hence cash would be soon and this would allow China to progress. Maybe it's TK who is using semantics and avoidance tactics to hide the true timeline of disposal of an asset which has now sat on the books as a discovery for must be close to 18 months and still no sign of a date as to when it will be monetised!
lazarus2010
13/1/2021
13:56
thanks saf
currypasty
13/1/2021
13:53
𝐇𝐀𝐁𝐀 9832;𝐘Ү28;𝐓 ... 𝟐𝟓 𝐎𝐜𝐭 𝟐𝟎𝟎𝟓 - 𝟎𝟎:𝟎𝟖 🆉🅴🅽🅶 7344;🆂 𝐰𝐞𝐧 𝐮 𝐬𝐚𝐲 𝐧𝐨𝐭 𝐥𝐨𝐧𝐠 𝐭𝐨 𝐰𝐚𝐢𝐭... 𝐡𝐨𝐰 𝐥𝐨𝐧𝐠 𝐢𝐬 𝐧𝐨𝐭 𝐥𝐨𝐧𝐠? 𝐓𝐈𝐀. BTW, 𝐒𝐏 .. 𝟐𝟓 𝐎𝐜𝐭𝐨 9835;𝐞Ү51; 𝟐𝟎𝟎𝟓 𝐰𝐚𝐬 𝟖.𝟏𝟔
coiin stein
13/1/2021
13:52
Safi, Many thanks for your latest post. Stew
stewart4990
13/1/2021
13:34
......and you make things up if the facts don't fit.Where was that company statement about being restricted on updating shareholders (as TK stated he would btw)?
begorrah88
13/1/2021
13:18
Curry, I have no more info than any body else here even though several idiots in the past and more recently lazarus2010 accused me of being Kelly which is a back handed compliment I guess. It is simply that I probably do a hellalot more " research " than anybody else, which is to me surprising considering that most posters have a much greater investment in EME than myself. On timescales despite the post from the de-ramper Begorrah a few weeks ago, I believe the Malcy & Proactive statement that the GSA is " quite close ". It is the next step in the chain and will act as the trigger for any sale of equity. The HOA was signed months ago. On 24 Aug Petromindo named Sembcorp as the buyer. So far in public releases EME has only referred to a regional utility. There may be a second buyer in Jakarta as mentioned by Dr Eliet as they have much more gas to sell than originally thought pre appraisal drilling. The recent ALIGN research note on Coro stated that full field development would start next year & that FID " Final Investment Decision " which is the final go ahead is targeted for later this year. The GSA (s ) is a long term contract possibly up to 20 years + which will provide the cash flow basis needed for any sale of equity. Capex is less than planned because Conrad plan to undertake more leasing than in the Cenkos note ( US$ 350 ).Therefore any sale of equity is likely to take place post GSA signature up to say the end of Q3 as the new partners will need to be involved in development modelling , financial commitments etc. I expect that these new partners will most likely be from the current WNTS pipeline operators namely COP, Premier, Medco, Star etc. The Indo government is expected to be involved as there was an article in CNBC in May which stressed the importance of West Natuna oil & gas to the state.
safiande
13/1/2021
13:16
Saf, how soon is soon?
lazarus2010
13/1/2021
12:27
Saf, can you please also advise on how long is a piece of string.....
blocker2
13/1/2021
12:23
saf, I for one appreciate your posts, and feel for whatever reason, you seem to have more info than the rest of us. On that basis have you any time estimates, in your honest opinion, etc etc as to possible timing on when eme/coro CAN actually say something ?
currypasty
13/1/2021
12:19
A red day seems to bring all and sundry out from under their rocks.Maybe a blue afternoon.....
blocker2
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