Empyrean Energy Share Discussion Threads

[abergele] 09/2/2018 09:59

tdw,,(ii),want telephone orders now for larger ammounts, will take small buys through though,hence the 2500-3000 buys ok..nowt higher now

[currypasty] 09/2/2018 09:57

trading makes sense if stew's comment is right... id say 13.7-14.0 though


stewart4900
8 Feb '18 - 11:17 - 15488 of 15504

I am aware of someone on twitter who is looking to buy and I suspect a decent quantity between 14.7p and 15p, you could say why wait but I guess he sees confidence when it reaches that level.

[honestmarty] 09/2/2018 09:57

Blue hopper
500k???
How many do you have?

[jemjem] 09/2/2018 09:56

It's unusual to see such online strength. Either a buy order in the wings or an RNS imminent, would be an obvious explanation.
Imo

[bluehooperman] 09/2/2018 09:52

Jem jemI've Just gone to 500,000 sell - firm quote at 13.55p :-))Can't buy any though with a firm quoteBHM

[honestmarty] 09/2/2018 09:48

Thanks Jemjem

We wait for news

[jemjem] 09/2/2018 09:47

Yes. They're laughable.
200k to sell at 13.55p. 250k at 13.25
5k to buy at 13.78.

Edit. 250k at 13.55. Nothing at 13.80p

[honestmarty] 09/2/2018 09:41

Anyone have online limits?

[richiiiee] 09/2/2018 09:31

The ship is relatively steady really considering we have had no news, once update arrives watch the bounce until then it's up and down unfortunately

[jemjem] 09/2/2018 09:20

mm's just sitting on it hoping to pick up some sells. Impossible to buy anything at these levels.

[honestmarty] 09/2/2018 09:18

The ship seems to be turning

[richiiiee] 08/2/2018 16:12

Few more buys now, in come the traders - rolls eyes!

[honestmarty] 08/2/2018 16:03

What time was that at?

[currypasty] 08/2/2018 15:54

lowered the price today, but don't really want to sell you any

edit, not even small amounts..

"Buying 10,000 EMPYREAN ENERGY ORD GBP0.002 shares

A firm electronic quote is not currently available for your order"

"Buying 1,000 EMPYREAN ENERGY ORD GBP0.002 shares

A firm electronic quote is not currently available for your order"

[honestmarty] 08/2/2018 15:45

I wouldn’t want to be out of this on a Thursday night.

[abergele] 08/2/2018 14:36

Thanks Saf, for the reminders,we all know where our cash should be,,here.

So I thought,oh well,buggar it and took 3k,
but now it shows as a sell...bahhh,doesn't help peoples quick view unless it's mentioned, so I did.gla

[safiande] 08/2/2018 14:01

Mako South has gained the most attention because of the successful flow test in Jun 2017.
However according to research the deeper targets could easily be more prospective than Mako.

"Over 400 bcf of 2C resources lie on the license with multiple large gas exploration prospects offering considerable upside to the license.

These three prospects are:
Barakuda (Previously CJ/CH) – 1.5TCF
Marlin (Previously CK) – 1.9TCF
Hiu Putih – 120 mmbbls "

[abergele] 08/2/2018 13:57

Stewart,
It makes sense of what you say that there may be a buyer about,,
If a broker is getting some by for him,I wondered why they are selling at 13.85p
a small amount though,
but less a price than the sells from the start of day....
makes me think those early sells at just under 14p are spoken for,,??

[blueblood] 08/2/2018 11:31

Exactly Stew - Conrad flowed at c11Mmcf a day on restricted maximum basis from initial well. Indonesia alone is worth more than the current mcap without full field development plan. However if we got c20pps share in cash we could have 15p capital return and retain £20m for China drilling...

[stewart4900] 08/2/2018 11:17

I am aware of someone on twitter who is looking to buy and I suspect a decent quantity between 14.7p and 15p, you could say why wait but I guess he sees confidence when it reaches that level.

Regarding Indonesia I am with Zengas here why sell it, was there not a huge chimney showing on the seismic, also Conrad drilled and flowed this at a decent rate no problem, why sell a good asset unless its a great price of course.

Dempsey taking some time for that permit,

[abergele] 08/2/2018 11:10

Michmcd,
Well said,,,,
not too bad a sell off this morning,but a chance for people to buy at 14p,a lot of people paid more,so a bargain..gla lth's

[blueblood] 08/2/2018 10:59

Think they said Q1 but hopefully later this month. News from Dempsey likely in same timeframe.

[bskiny1] 08/2/2018 10:55

Should we have heard something about China by now!!!

[currypasty] 08/2/2018 10:53

work the project up, sell it, distribute some cash, buy a new project start up.. rinse and repeat..

[michmcd] 08/2/2018 10:47

Regarding the largest shareholders there is a real positive in TK having such a volume, regardless of what some may think. At some point he will need to realise his wealth rather than have it locked in. Same applies to other larger holders of course. They cant go to the market with any real volume without impacting the price in terms of both supply and sentiment. TK's 'realisation' strategy is really important - and I know this is cart before horse but I really believe this is going north of £1 in the next 12 months - which points to some form of ongoing distribution, divi's could be a while off so a more likely option as muted is profitable sale of assets - i.e. Indonesia. fwiw given the initial estimates of oil in China I can see a larger farm-in that de-risks and includes both coverage of most drilling costs and cash to eme. Interested in others thoughts in this ... suspect there are strong views out there....