Member Info for Doc83

"Well done guys. The MRE got us from 19 to 45."

Post announcement of MRE being undertaken on 3rd June, we went from 11p to a high of 84p and now around 45p. I'm sure back in June we'd have been delighted with 45p at this stage.

This could be a traders dream for a few months with, I don't think, any major catalysts expected. The next being infill drilling and getting us to a measured MRE.

Unfortunately, I'm useless at timing trades. And if did try to sell and buy back in cheaper, Rio would come in with a £2bn bid!

But medium/long term it looks a steal.

"It's possible that these will retrace to 12 or less in the coming weeks or months."

If EEE keep churning out the good news and progress, and these fall to 12p, I'll be putting the house on it.

"You never gonna pay for the op by just talking."

LOL.

Am I being blind or is there nothing about working for Petro Matad on Zula's LinkedIn?

The numbers are certainly huge and I don’t doubt the titanium is there.

The real challenge initially might be getting out there and finding buyers, some of whom might be locked into long term agreements… I really have no idea how it all works. But if the quality of the titanium is as we think, that also shouldn’t be a problem over time and buyers could be knocking on our door.

It might be worth running the numbers another way and working out how much titanium we’d need to sell to justify our £300m market cap, assuming an 8x p/e… I bet it’s not a lot!

How do you know there hasn’t been informal chats? Only formal ones would be RNS’d.

Bumblebee, AGEOS does huge write ups on a one page RNS. Yesterday’s RNS ran to dozens… I can only imagine how long that must take to digest, understand and then explain!

I do hope he does one, though.

Insta reply from TBT, must still be on his shift ;)

Gravy, WOS and Co. still getting embarrassed by Adw198, LOL.

Dusty, yes, it was announced earlier. Did you miss it?

“The MRE was not a toyal success. It fropped the valuation.”

This is just total nonsense. Short term trading can’t judge it. It’ll be over the longer term.

“i didnt give the valuation. the market did, you stupid ass.”

What is the market exactly? Because looking at the delayed reported trades, it looks like a single, large seller. Does that one seller mean that the MRE was rubbish?!

Golferboy - AGEOS is probably the best poster on here!

Personally, I can’t wait for his views/opinion on the MRE.

“Why would anyone buy a science experiment?”

Well, the CEO and FD have! And experts in the field have left much larger companies to join Empire.

This nutter must make you realise that me and Adw really aren’t that bad 😂

Tim, do YOU think it's an organised scam?

Rooters, my bet is that they crack on with infill drilling, get plenty of measured MRE area, then a JV will happen. Similar to GGP, and we'll see a significant rerating at that point. No idea where to, but surely £1+

He was wise, then he was a real pro, then he was an expert...

Amy, you've not been right once so far. Got to happen at some point ;)