Member Info for Barno61

With the rush for mining stocks it seems EM got forgotten. Thats now changed and EM in the spotlight.

Re-rating is taking place and rightly so.

Very undervalued and a take over / sale a certainty..

Agreed and a Russian company could well come in with a mega bid. Or anyone else dealing with them.

The company still has huge potential and 4 p is a joke!

Missing the point.

Someone has found out something substantial.

This could easily rocket to the teens and higher within a week.

A bid for gold mines is a very very strong possibility with the current gold price.

The Three springs Empire prospect and the Tronox Cataby site are 1 hr 22 mins drive apart.

The company has access to a processing plant to handle the ore fairly close so EM could do a deal with them instead of having to build a plant for the same purpose.

It seems such an obvious move for Tronox to snap us up or at the very least do a deal …

Very very excited about this now 💥

Https://www.tronox.com/about-us/global-locations/

It seems Tronox has many plants in Australia. Some close to Empire.

They will be extremely interested in Empire that will be a dead certainty ..

If anyone is going to bid for EM it will be them.

It’s way too good an opportunity to snap EM at a bargain basement price with proven resources.

This is a huge hold and add!!!

Https://www.tronox.com/

Tronox is the USA largest titanium oxide producer.

Based in Texas.

Its valuation $3.1 Billion Dollars.

Think about that for a moment when we have a 40 km long resource and a valuation under £90 million.

Https://www.indexbox.io/search/titanium-dioxide-price-the-united-states/#:~:text=In%20October%202023%2C%20the%20average,unchanged%20from%20the%20previous%20month.

Https://en.m.wikipedia.org/wiki/Rutile

Quite simply a fantastic and highly profitable find and in huge quantities.

Consensus for now .54p

Althoughthe analysts have revised their earnings forecasts for next year, they've also lifted the consensus price target 8.8% to UK£0.54, suggesting the revised estimates are not indicative of a weaker long-term future for the business. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Petrofac, with the most bullish analyst valuing it at UK£1.00 and the most bearish at UK£0.098 per share. We would probably assign less value to the analyst forecasts in this situation, because such a wide range of estimates could imply that the future of this business is difficult to value accurately. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.

30p a real target for the next 24 hrs. The rising share price will spook the shorters and they will have to buy to close their positions.

One analyst is at £1 for the shares.

A little high but half that sounds fair.

The beast Zephyr have is one of the following :-

Assets

Our flagship asset is in the Paradox Basin, Utah, where we hold an over 46,000-acre leasehold with 2P reserves of 2.6 mmboe, 2C resources of 34 mmboe and 2U resources 270 mmboe. We are developing Paradox to delineate the scale and value of the asset.

We also own a growing suite of non-operated production and near-term production assets acquired for their low-risk, high-return cash flow potential. Our non-operated generated revenue of US$42.9 million in FY 2022.

Thats an awful lot of £££££!£&

Current analyst price target is 12p and that’s before todays RNS

Only way is up now.

Doesn’t even need pumping to the surface 😁🍺🍺🍾🍾🍾

What a fantastic problem to have .

Where in the outstanding mineral deposit to start.

40KM of ore bearing near surface material.

They just have to find the optimum spot to start making immediate £££££££££££££££££££££

This is a multi Billion £ company to come.

One fly in the ointment though. TAKEOVER TARGET!!

In reply. I bought 37037 at 12.12 at 4.15pm and it hasn’t even been shown?

Maybe it will appear in the morning?

All very odd.

This RNS should light the blue touch paper under the share price.

We are now on the way to production with zero dilution to the share price..

Https://www.aimjournal.info/_files/ugd/4a43e3_db316a2685c44ccaa0f3e7fa737c9300.pdf

Page 10 .. Copper Bond..