Member Info for BigBear2

Unless you are buying in for the bounce (fair call but could be a while) there is no other way than to put it that todays RNS was diabolical...

You cannot wax lyrical about the quality of the results on the drill to date then say ZERO mineralization.
If they expected sweet FA from the assays they should have primed investors and the market first.

If the next drill is duff the market will totally discount SharkTooth

As we saw today anything is possible on AIM,...
Here we know they are trying to monetise at least one of the assets...
The port in particular seems to be in 'the right place at the right time' due to the huge Chinese influx of funds..

Regardless GL!

Had been on a cracking then that.........unbelievable.
Anyhow I had planned to put profits in here at these rock bottom prices so am in
At some point we will get news on:

Asset Sale
New CEO
DFS Progress
Bulk Update Sample despatched

Now a recovery play for me after that disappointment today as I believe this is at or near basement so will simply wait.

Took 2 mill @ ,5175p well under the heavily discounted placing all this needs is a sniff of an asset sale and we are off...

Something afoot here I think...
Discussions with port rental/sale on going....funded for DFS, bulk sample due to be shipped...
News of new CEO pending, whilst Julian gets on with the day job..

Eye Guy no I get it...
Here's the problem they set massive expectation there would at least some mineralization to validate their theory they are about to enter the mineralised core. Having nowt in assays raises considerable questions on their competency...
It will be some time till the next update and no doubt at this entry point you consider it a valid punt but if they feck the next one up you are looking at another 50% drop...

I still cannot believe they interpreted the visual mineralization so badly.

I cannot ever recollect geos getting this 100% wrong, absolutely gutted.

Red trades are buys....
Just took an absolute hiding on GWMO, hoping to make it back here..

Having a field day here...

unbelievable...
AIM never ceases to amaze me....
How can you go from excites to that......Jeez.

Yesterday as I have some spare cash in my SIPP and was getting a substantial premium quoted for any quantity..

Unless you have a bill that needs paying I really can't for the life of me why you would sell unless your dad is an MM.
No guarantees in life but the odds are heavily in our favour the next RNS is good, possibly very good...

'You lay down with a dog...you get fleas'
What you are seeing is death by 1000 cuts because Kelly backed a buffoon like GJ.

On the plus we may get a buy in same price as directors...

11-May-17 Buy Notifier Information for Empyrean Energy

Thomas Kelly 3.5 p

= news in coming..

After some cheap shares, hold em tight...

They cannot control how long it take for the assays to arrive, personally I am grateful for the extra time to add a. Few more pre news. We could be looking at something truly mammoth here and with the small micro cap it offers great leverage.
I am expecting decent results from the assays and crucially an update on drill progress as we should be right in the mother load right now...
GL all..

I think arts plan is same as last placings he goes from being mute to hyper active on media, anyone who has been around Copl for awhile know the pattern.
For the 1p placing mentioned earlier he managed a huge sp pump but left many holders some 60 percent down who were convinced production was imminent,
Next placing placees were wise to it so onl 0.5 was possible...
I agree the cash runs out in October but I believe he will want at least another 6 months on top of that that would ideally carry Copl through to production...
He is hoping to start production early next year so let's say Feb 30 days for the well then probably a lag of another month for the start of testing. So assuming cash first received around April form production I think he would want funds in place till them....
IMHO it's better to get the placing away sooner than later, why because the real rise will start post NNPC
When rig mobilised and crucially when the test results are in... Better to have no headwind then...

That thinks if they have what they think they have we could be looking at a solg type rise here??
Admittedly the scale of the driil program is nothing like as expansive as solg but I can recollect it bumbling around at 2p ish then one day boom the market got it and the rest is history...

Nope last one was 0.5.

To me its quite simple....Art has said he is expecting a service agreement in the next month.
If he can string out the company finances till after that announcement its likely he will do the placing at a higher price.
If not then it will be likely at a discount to current sp..

Cash burn as ever @ copl is the main issue, especially when you are dealing with snail pace bureaucracy..
Let's see what he can get it away at...

Yup and that coupled with the huge optimism from mgt all points to some very nice gains here for the savvy investor.
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