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I was called simple and told to DYOR ffs? eventually I got some decent guys giving good feedback before being booted. amazed that a potential investor asking a group of 400 shareholders for some user feedback on their products could turn into such a ****show . im genuinely baffled
A few friends and I have been looking at Chill over the past 24hrs as a potential investment at these levels, one of my friends bought in this morning, however I wanted some more info on the products, who is using them? Where do they buy them from? And what do they think of them?
I asked in the Chill TG group for some user feedback, as there are only 3 reviews on the very poor website.
I was attacked from all angles, accused of having an agenda and basically spoken to like a c$nt before being booted from the group.
I was called simple for not doing my research, usually a group of over 400 investors would be the best place to start?
The group is weird, cultish and looks to be run by a few unhelpful people with big mouths. I don’t understand why shareholders wouldn’t take the opportunity to shout from the rooftops about how good the product is, who it appeals to and how it fits into everyday life.
I know a lot a few people personally who are quite heavily invested, and I hope the share does well for them, but understandably I’ll not be investing today
https://www.business-live.co.uk/commercial-property/anthony-joshua-backed-cbd-brand-21553316
H&L ticker code CDL
can buy with H&L, EQI & interactive investor that I know of
Here's an current overview of #EME taking into account the latest brokers note and RNS. May be of some interest to any new investors.
Empyrean is a London AIM listed oil and gas explorer currently focused on three cornerstone assets, The Duyung PSC offshore Indonesia, Block 29/11 offshore China, and a multi project participating interest in the Sacramento Basin, California.
Mcap currently £32m, shares in issue 489m
Indonesia – EME have an 8.5% share of a gas find offshore Indonesia that has been drilled, proven and is now being prepared for development, Gas Sale Agreement is due to be signed off at any time. EME are expected to get a return of around $35m.
China - Block 29/11 is huge, EME is the operator with 100% exploration rights. In the event of a commercial discovery CNOOC will have a back in right of 51%.
As per 5th May RNS. After extensive review of offset wells in the vicinity Aker have finalised well design and planning for the drilling of the jade prospect, the first of 3 prospects targeting 1 bln bbls. Update due once the drilling rig has been confirmed, drilling campaign expected to commence in November.
What Could China Be Worth?
Cenkos released a broker note on 11th May giving a current valuation (oil in place) of 25.4p for the three prospects.
They give a fully unrisked valuation of £2.63 (on completion of extended well tests)
Valuations are calculated on an average between best (P10) and worst (P90) oil in place estimates, however all but one of the adjacent CNOOC discoveries are “filled to spill”, with in place volumes close to their P10 estimates. Cenkos state that there is a distinct possibility that the Empyrean prospects are in reality closer to the P10 volumes this increases the unrisked valuation to £4.98
Jade is not the largest prospect, however it's by far the easiest / least complex drill hence the reason it's the first target. Exploration by nature is high risk however Jade and Topaz's GCoS (geological chance of success) are amongst the highest of any current prospect globally at 41% and 35%.
The valuations consider CNOOC’s 51% back in right. The Jade drill is expected to cost around 15-20m, so funding will be required, this could be a JV with a big player or some dilution from a capital raise.
it's worth noting that Tom Kelly CEO holds 88m shares, his last purchase was £440k @9p last year pre covid, So it's obviously hugely in his interest to get the best deal possible.
News flow has already increased with more updates due once drill rig and funding are finalised, and the sale of Duyung. Tom has also scheduled some PR in the coming weeks so I'd guess he must have something interesting to say.
The potential here is staggering even going with the most conservative valuations
Yes mate dm me
Tightly held and moves well on low volume. very interesting few months ahead. now is great time to be building a position ready to watch it unfold.
the SP should never have been in single figures - it's a gift at these prices
Empyrean is a London AIM listed oil and gas explorer currently focused on three cornerstone assets, The Duyung PSC offshore Indonesia, Block 29/11 offshore China, and a multi project participating interest in the Sacramento Basin, California.
Mcap currently £32m, shares in issue 489m
Indonesia – EME have an 8.5% share of a gas find offshore Indonesia that has been drilled, proven and is now being prepared for development, Gas Sale Agreement is due to be signed off at any time. EME are expected to get a return upwards of $35m.
China - Block 29/11 is huge, EME is the operator with 100% exploration rights. In the event of a commercial discovery CNOOC will have a back in right of 51%. Aker are currently assisting with well design and planning for the drilling of the jade prospect, the first of 3 targeting 1 bln bbls. It's expected this drill will commence in November.
Here are my fag packet calculations on the potential SP value of the 3 prospects in China; Economically recoverable oil is worth >$5 a barrel, or >$10 after an EWT (extended well test), taking into consideration CNOOC's 51% back in right here are some conservative estimates based on >$5 per bbl
Jade 225mmbbls x $5 = $1.125bln x 49% = $551m / 489m = 81p
Topaz 506mmbbls x $5 = $2.530bln x 49% = $1.239bln / 489m = £1.82
Pearl 153mmbbls x $5 = $756m x 49% = $374m / 489m = 55p
Jade is not the largest prospect, however it's by far the easiest / least complex drill hence the reason it's the first target.
Exploration by nature is high risk however Jade and Topaz's GCoS (geological chance of success) are amongst the highest of any prospect globally at 41% and 35%.
The Jade drill is expected to cost around 15-20m, so funding will be required, this could result in a JV with a big player or some dilution.
it's worth noting that Tom Kelly CEO holds 88m shares, his last purchase was £440k @9p last year pre covid, So it's obviously hugely in his interest to get the best deal possible.
News flow has been poor however Tom has scheduled some PR in the coming weeks so I'd guess he must have something interesting to say.
This isn’t an overnight multi-bagger, it's definitely a longer-term hold but I feel the potential here is staggering.
https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-30th-april-2021/#gs.1013tsy