Member Info for Orchy

https://tinyurl.com/ydxc54z2

GSA news expected fortnight to a month. Reflecting better gas prices also.

indo update from 6 min 40

Sell: 9.00p | Buy: 9.50p | up 1.50p (19.88%)

breakout day, good start to the week!!

movement. placing hangover cleared?

like to see an updated broker note from Cenkos to factor in the oil price increase / demand. suspect valuations will be multiples of your 50p in a success case imo. £££

some Mako gas news wouldn't hurt either, surely that is long overdue?

not posted for a while. Finally we are making progress from an operational perspective, this is a huge drill and knock on effect for success is massive for the block.

8p to buy, still super cheap imv

at least funding sorted, hopefully see this move now.

how on earth the deposit money has been scammed is a little concerning but hopefully that gets resolved quickly!

do you read your posts?

'This looks like a pump with a minimum of warrants being cashed and these are mainly by the directors'

'Also out of the warrants exercised so far only 100,000 (£12K's worth) have been owned by the management. If they are not prepared to lead by example then why should anyone follow.'

2.1m exercised generating £252k,

hoping there is many more to come this week.

ART, i've checked with the EME (Tom) and actually we are both wrong. There is a cost recovery pool and EME would recover costs from first production at an accelerated rate, once costs are recovered then production would revert back to 51 / 49 split.

so its not correct to state it cost them nothing.

'The agreement I believe is that EME pay for all the costs up to the point of a commercial discovery, at which point CNOOC have a back-in right for a 51% holding which will cost them nothing'

my understanding was that CNOOC would pay 51% of cost to date in the event they exercised their back in option.

another 875k warrants exercised.

total now 1,375,000 totalling £165k.

search zak mir, 12 October update, looks like cannot post links.

https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-october-12-889eee2/

so its clear 10p and that opens up 13-14p

great volume and movement, feels like this needs a little push through 9p (presume resistance level?)

either way looking good and reading the forums looks like more warrant conversion RNS announcements are to land, should encourage others to follow suit.

interesting....

https://www.empyreanenergy.com/wp-content/uploads/2021/09/Empyrean-Energy-Plc-AGM-Presentation.pdf

no one can dispute the potential here, huge! but how will this be funded remains a weight on the SP.

whilst a placing remains an option i guess we will languish at lower levels. what we need to see is further developments on Mako gas (out of our hands, Conrad) or perhaps farm out news on China,

if we can fund China without dilution this should pop off big time.