Member Info for bigbench

il be a buyer @20p

OK Wrong word...i meant positivity

Empyrean Energy
Empyrean has advised that it has awarded a contract for the well site survey over the Jade prospect to China Oilfield Services Limited on Block 29/11, offshore China.

Empyrean is the operator of Block 29/11 in China and has 100% working interest during the exploration phase. In the event of a commercial discovery, its partner, China National Offshore Oil Company, may assume a 51% participating interest in the development and production phase. In preparation for spudding of the Jade prospect well in mid-December 2021, the Company has agreed a comprehensive scope for the survey with COSL .

The objective of the well site survey is to identify all possible constraints and hazards including man-made, natural and geological features which may affect the operational or environmental integrity of a proposed drilling operation. In addition, the survey is designed to provide sufficient data to fully assess potential top-hole drilling hazards at the proposed well location and to ensure the rig can be secured safely onsite.

The survey is scheduled to commence in late October 2021, subject to a safe weather window for operations.

Empyrean CEO, Tom Kelly, stated:

“The well site survey contract award marks an important and crucial milestone towards conducting of a safe drilling operation in mid-December 2021. We are thankful to both CNOOC and COSL who both have enabled detailed discussions and timely approval during our planning process. December 2021 is shaping up as an important event in the corporate history of this company.”

The last sentence by Tom Kelly needs something added to it, like Worcestershire sauce to a Bloody Mary. As to say that December will be an important event is like saying eggs are important in an omelette. I have been watching Empyrean for years now and whilst I don’t want to decry the rest of the portfolio where there is upside, this is where the meat and potatoes are.

Jade is going to be potentially huge to EME and should it come in will reward the team there for their persistence, hunger and determination and shareholders will be generously rewarded. Indeed shareholders have a chance to fund the programme and avoid dilution if the shares go up enough in order for the warrants to convert…

There is no doubt in my mind if CP don't get this back on AIM (or any market where we meet the criteria) by end of year this is never coming back...ever. The new Q1 2022 is another BS can kicking exercise that has crushed the tiny amount of credibility CP had regained since announcing the DEC relist....honestly the man has no shame and always has an excuse to blame anyone but himself... a fecking disgrace.

Our Railsbank stock is the only thing of value here...once that's gone then its definitely over.

There is no reason we cannot relist on the AIM... he was happy plodding along there a few years back until his incompetence lead to suspension (which I'm sure he knew was coming) but now its main market or nothing..... I could understand if we were growing massively but we are not and if they do raise the bar to £50m we wont have a chance in hell...but as its in limbo we should press ahead and aim for late NOV IPO & listing...would anyone bet even 1p that the Q1 2022 date will be met?... no me neither. A complete disgrace.

Just been through the Q&A chatter, Carolwhiteshusband was holding CP to the wall, very disappointing to hear of yet another delay, find it hard to believe the level is being raised from £700K to £50m... Ok £5m would be a massive jump but £50m??? How many companies were hoping to list have had their plans destroyed by this fecking ridiculous bar raising? Id say to CP push this through before the proposed raise date not let it dwindle into the distance again and be forced to go to a secondary market where we didn't want to be. I'm sure it could be done if he wanted it to be.... but we all know he probably doesnt!

So the little bit of belief regained in the last few months has once again been wiped out, how many holders now are going to run their Tally cards down to zero after this latest BS RNS? moist of us i think. FFS CP you really taking the ****.. at least Dick Turpin had the decency to wear a mask while ripping people off.

Back to double figures by close tomorrow ;-)

Hope to see this climbing back towards the 40p level next week

Plenty in the pipeline here

Fair point bigmj...Got any planes to open anything in the St.Albans area? Be nice for all to see this go places and with inflation all over the headlines there has never been a better time to highlight the benefits of holding Gold through Tally.

Strong showing today as buyers return and pick up at bargain price... back over 3 next week will be good to see

.....feel this Is being pegged back today? I expected a full assault on the 40's!

makes sense with the directors piling in

Low-mid 40's by Friday would be about right imho..... definitely out of the 30's id hope!

now that would be nice

CP has said numerous times we wont be back on the AIM market and it will be a main market listing and whatever anyone says we are closer than at any point in the last 3 years to getting back.... if it CP and the team pull it off il be one happy chappy and my nearly 4m shares can sit for longer and hopefully the company can grow.

There must be plenty in the pipeline for 5 director buys in one go

That's a massive nudge nudge wink wink if you ask me