Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I genuinely have no idea mate, but I'm guessing these guys that are loading up are in the know
I heard he is more commonly known as the Cairo-practor and his diet consists purely of Pharaoh Rochers!
Kevin Hornsby the mystery man from Egypt seems to be filling his boots!
The big boys are loading up ??
Yes, I think we were all really hoping for news before year end - come on TK chop chop :-)
Tomorrow this share could look completely different, I feel that everything is pointing towards an RNS tomorrow AM, Hopefully with the Storm Harbour news that's going to change this.
With that intentionally held back interview and the fact that AZ likes to drop an RNS on the last Friday of the month.
My guess would be if this RNS drops at 7am then the opening price will be .55
any thoughts......
Also here are some recent comms I've had from TK,
Hi Craig,
Thanks for your email below.
Conrad have a heads of agreement in place with a Singaporean utility for the offtake of Mako gas - this needs to be negotiated further into a Gas Sales Agreement.
Empyrean's intention is to sell Indonesia. The funds would, in the first instance, be applied to China with any surplus considered for return to shareholders.
Drilling in China would see Jade drilled before Topaz. Unlikely to be back to back at this stage. Drilling quotes are being sourced. It is still possible to drill before June 2021. If this window is not attainable for any reason then we focus on later next year.
Thanks on the share purchase.
Kind regards
Tom
I've been invested here for some time, but I notice there's not much activity on this board so I thought I'd share my notes on this share to open up some discussion.
The company is currently under valued at around 4.4p a share.
Broker note value is 32p a share.
The company has an 8.5% share of an Indonesia project operated by Conrad energy.
This asset is the largest gas find in the area, a size similar to that of the inner circle of the M25.
Currently Conrad are in the final stages of negotiating a gas sale contral with a Singaporean utility company, on completion of this contract the intention is for #EME to sell their share in Indonesia worth around £25-30m, this alone should result in a share value of around 6-7p
The funds from the sale are intended to fund the 100% owned China drilling project, with the possibility of any surplus being considered for a return to shareholders.
Block 29/11 is a large block – 1806 square kilometres – located in the prolific Pearl River Mouth Basin, offshore China, approximately 200km Southeast of Hong Kong. Empyrean is the operator with 100% of the exploration rights of the permit during the exploration phase of the project. In the event of a commercial discovery, China National Offshore Oil Corporation Limited (CNOOC) will have a back in right to 51% of the permit.
3D survey has been completed with a resource of around 1billion bbls of oil, this has had an independent valuation completed and audited by Gaffney, Cline & Associates
Drilling planned early or late 2021.
Zak Mir briefly covered the chart on his share talk program a couple of weeks ago.
https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-6th-november-2020/#gs.m3ashq
CEO Tom Kelly holds 88m shares, he topped up in January at around 9p then again last month at around 4.5p.
I've held this share for a some time, however I feel that it's beginning to gather some momentum with news due on the sale of indonesia hopefully by year end.
It's tightly held with Directors and LTH's and reacts on little volume.
Any thoughts welcome....