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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
  0.15 2.65% 5.80 5.60 6.00 5.80 5.40 5.65 608,293 09:09:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 -0.0 - 28

Empyrean Energy Share Discussion Threads

Showing 308551 to 308575 of 309975 messages
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DateSubjectAuthorDiscuss
01/2/2021
11:32
Hopefully thts the end of selling to find cah for tax bills
petercrosby
01/2/2021
08:57
XST/SGC raised funds to sole-risk Borba No one else wanted a bar of it clearly Same case China 29-11 imv Who's up for a hefty placing ahoy? Discuss
hodge podge
31/1/2021
16:46
Hopefully all that work will become clear shortly!!
blakieboy7
31/1/2021
16:28
Jem, Thanks for your post. Maybe it is just a matter of interpretation but I do not think that Tom stated that Conrad had not publicly announced if any process had started, which is your view. I think that he was referring to the fact that they had not entered into any formal sales process, which I was referring to, such as data sets, data rooms etc. This is the actual statement:- " Conrad has not publicly entered into any formal process and so any discussions are being handled by it internally and further news will only be released as and when appropriate. " Anyway we are splitting hairs as I am sure that a lot has been going on since Sep 22.
safiande
31/1/2021
15:14
Saf,A couple of points.You say that TK said on 22nd Sept that Conrad hadn't started any sales process. What he actually said was that Conrad had not publicly announced if any process had started.With regards to timing, I think peeps may potentially be getting confused with GSA's and FID's. It is,imo, worth highlighting and summarising what you said in your last post - with a little bit of further expansion:-).The next thing that we expect to happen will be GSA's with Jakarta and Singapore buyers. This could hit anytime soon and I imagine this will also tie in a new partner to develop the project This will be followed at a later date this year with the FID, made by the new partner and Conrad ( my supposition is that Eme definitely , and Coro probably will sell their entire %'s), but Eme's interest in the project will be nil by that point.Hopefully that is a fair summary of expected/ hoped for timings.Imo
jemjem
31/1/2021
13:09
.......and back to 'later in the year'.....Gotta laugh!You really don't like having your dodgy 'research' highlighted do you saf?(Don't forget you've got me on filter mind) ;-)
begorrah88
31/1/2021
12:46
Curry, The Conrad business model has always been exploration & appraisal only and then sell on to much bigger public companies before development & production. This seems to have changed for Mako because of the magnitude of the field post appraisal drilling which was not expected. Say 300 Bcf or so low case pre Tambak drilling and up to 1 Tcf high case inc the additional fields post drilling. One of the fields to the SE is 100 Bcf, shallower than Mako & 75% POS which is exceptionally high. Jade & Topaz is still 33% or so at this time. In addition Mako Capex is considerably reduced as per the Conrad decision to lease a lot of equipment. So I guess that the ultra high worth individuals who are the Conrad shareholders can afford to stump up say 50% of field development / production for say Phase 1 which is 5 wells plus a contingency well / platform etc. Mako is now a cash cow for the Conrad shareholders which will manifest itself initially in the Singapore & Jakarta GSAs. Tom´s formal position so far is that he will consider any offers for full or part sale depending on the sales terms, which is of course normal business practice. He stated on 22 Sep 2020 that Conrad had not commenced any sales process but that he was content for Conrad to take the lead rather than seek any buyers for the EME interest only. Coro has always been keen on staying in, debt provisions notwithstanding. Any new partner in the project will need to be involved before any final decision is taken on the development concept etc as part of the FID go ahead planned for later in the year.
safiande
31/1/2021
11:59
safi, "The final investment decision is not until the end of this year so still plenty of time this year to arrange the sale, if any, of the interests of the current JVP." There are several posters who think the Duyung sale is imminent (but have been thinking that for months now). Have you any thoughts on the financial robustness of the actual Conrad money men. Lets face it when they bankrolled the project, the outlook was significantly different to today. Oil price was high, no covid, decent world gdp growth. It must be a factor on the end result how these high net worth individuals have fared this last year as to how keen they are to do a deal.
currypasty
31/1/2021
11:26
Bego giving himself away earlier by posting within 4 minutes of one of his other avatars namely HP. Lol! Both avatars in the filter bin alongside pretend skim reader judy & colon bottom stain amongst several others who no longer post.
safiande
31/1/2021
10:21
Fat fingers Curry!! Couldn't be bothered to correct it
blakieboy7
31/1/2021
10:16
"this was taken from April 2920 placement RNS. Eme then went on to raise further funds in September" only another 900 years of placings
currypasty
31/1/2021
10:12
When I refer to funding lasting until the end of April 2021, this was taken from April 2920 placement RNS. Eme then went on to raise further funds in September
blakieboy7
31/1/2021
09:54
Here's another example of how saf tries to 'drift' facts Safiande - 13 Jan 2021 - 13:18:19 - 35532 of 35857 '...... 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.' later this year now becomes Safiande30 Jan '21 - 22:48 - 35850 of 35856 0 1 0 '..... Full field development starts next year. The final investment decision is not until the end of this year' so, later this year [we are in January] is now end of this year Did you just make this up saf? or are you being a useful idiot on someone else's behalf?
begorrah88
31/1/2021
09:40
Saf turns up to try and rally the dwindling troops 'And the band plays Waltzing Matilda And the old men still answer to the call But year after year their numbers get fewer Some day no one will march there at all' How's 'quite close' coming along?
begorrah88
31/1/2021
09:36
Brilliant 8 weeks funding at best Placing Ahoy? Discuss
hodge podge
31/1/2021
09:26
From memory, we're fully funded until April right??
blakieboy7
30/1/2021
23:21
Maestros not so sure Jack
judijudi
30/1/2021
23:20
We are for sale !!.... as is every company.... lets wait and see
jacksspitfire
30/1/2021
22:55
zzzzzzzzzzz 😴😴😴😴 8564; If there is no sale of Duyung within the year how do you propose we try and fund China or get a better JV deal there as we could have with the Duyung sale funds 🤷‍a94;️ And please tell us how we would fund our participation in the full field development of Duyung anyway 🤷🏻‍♂️ Oh and while you’re at it when does our extended time to drill the SCS expire with CNOOC?
judijudi
30/1/2021
22:48
"Just musing on Conrad, surely if they are retaining a stake rather than selling completely it's now in their best interests to get the deal done and contracts signed as any ongoing delays now just delay their date of first production and hence delays their cashflow?" ------------------------ Lol. First production Phase 1 x 5 wells is not until 2024. Full field development starts next year. The final investment decision is not until the end of this year so still plenty of time this year to arrange the sale, if any, of the interests of the current JVP. So please don´t worry about first production which is not imperilled. Muse on bro.
safiande
30/1/2021
22:16
Hang Ten / lowsulpher1, Fully agree that the thread serial deramper begorrah88 should be filtered by all. I filtered bego awhile ago along with judy "pretend skim reader " judy. Total bliss. Great shame that citizen bego hasn´t been added to the disrupters list by now together with colon bottom stain u.s.w.
safiande
30/1/2021
15:15
We all like to have a moan and TK just keeps on giving us a reason to with his lack of communication. I thought he was pulled up on this when he came over for the AGM but sadly it came to nothing. By the time we hear anything it might be too late and we will all be using green energy lol. I'll most likely be dead and buried by then.
digger2779
30/1/2021
14:04
🤣😂🤣😂
judijudi
30/1/2021
12:59
Quite right lowsulpher Nobody likes negative posters lowsulpher1 - 12 Nov 2020 - 18:42:15 - 34334 of 35847 HI All 14 weeks sence the placing nothing from TK shareholders were promised a update and nothing from Tom Kelly only radio silence,and I am sure he is drawing his salary and showing sod all for it. Oops!
begorrah88
30/1/2021
10:09
Absolutely. A lack of news does not mean there's an issue. It does of course cause frustration for us all but c'est la vie
blakieboy7
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