Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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This is my hope too.. I am currently 89% down!!
Yes I have 5.5 p as my target but didn’t want to get too rampy because this is still a risk
Hoping for 5-6p personally at some point.
This could easily get back to 3/4 p
Think it’s the only way out for me to keep on lowering my average
A whiff of good news and mega profit
One more....
silverspoon2009
16 Oct '22 - 09:48
Having attended the recent Coro Energy presentation and hearing from their CFO I have bought both EME and CORO in anticipation of a re-rate.
It is clear that the Conrad IPO will be successful, it has been priced at a level where takers could double or even treble their money in quick time so long as markets do not implode.
Out of the two minority stakeholders in Duyung I actually prefer EME as their stock is far more illiquid, as a result it is likely to move disproportionally to buyside volume.
I would not be surprised to see EME market capitalisation rise two or three-fold to correlate the value enhancement of Conrad.
A few interesting posts on the other BB this weekend
Greekhovel
15 Oct '22 - 21:28
There is significant value disconnect in both CORO and EME in respect of their stakes in the Duyung PSC, potentially by many multiples.
The above has been further demonstrated by the desire of COROs EUR 22.5m 10% secured note holders to take the recent quarterly interest payment in their ordinary shares.
A few retail investors are starting to latch on as demonstrated by stronger share price action over recent sessions in both companies.
Shareholders in CORO and EME have had little to cheer about this year but that is about to change.
Conrad IPO appears to have been successful, closing to institutional investors at 16.00 hrs ASX. Will surely enthuse those Indonesian ~ and Singapore based ( ? ) companies to conclude GSA agreement ( s ) with Conrad Asia, CORO and EME ASAP. Please DYOR.
Has the bod resigned?
A few buys early on . Are there rumblings of news..
.
i would definitely vote for the bod to be paid in shares rather than cash.
Unless I am mistaken extraordinarily meeting would usually be authority to place shares beyond current approval limits?
I agree, I think once Conrad is successfully listed (21 Oct) we will see a change in sp here. There are other catalysts too. Having said that, let's hope there's no further dilution, which will be disaster.
In addition to its existing projects, Empyrean continues to assess a number of additional oil and gas projects that
it believes may enhance a balanced portfolio of opportunity and will update shareholders as required.
While the Board and management share the disappointment of the Jade well result with its shareholders, it
moves forward with renewed optimism, with good news due from Indonesia and the learnings from Jade further
de-risking Topaz which standalone has the potential to be a Company changer.” CEO's recent concluding statement.
I am hopeful/expecting October to be the point where the share turns around. 5 pence by Christmas would be fab.
I was a big holder years ago. Didn't sell when it reached 26p unfortunately and watched it sliding. Lost loads. Got to sell a year or so ago as needed the money. I see is only Mako gas, Indonesia bringing in income. But they sold part of their share in Mako. So is there good coming in the horizon to dip back in to recover my past losses?
Just had email about voting for/against an extraordinary general meeting on19th of next month.
The circus and gravy train still on the rails then .
Oil and gas company making huge profit. What this is doing then?
IT's not all bad ,the bod will still be getting paid their grossly undeserved salaries. In my opinion.
Bad to worse than
Looks like it's headed to 0.5p, I've pretty much lost everything on this....sad times.
Why would anyone buy more confetti,according to the current 30 year + man the last drill was supposedly the best prospect and look what happened there. My suggestion to the current board,if you spot another gas cloud check your underdogs first before issuing an iffy rns.
Last placing price was 3.5p. I think another will be required, and suggest waiting before that is done and dusted (sorry pun intended), before making an investment here. Sub 1p looks nailed on now. Volume is pitiful.