Member Info for Orchy

Due any day now, let’s see what TK has planned.

Still here and holding

certainly the only thing holding this back no is funding imo, TK could solve that issue through a number of routes and to assume a placing would be perhaps naive, equally to assume no placing. I think if we had a few mil in cash SP would be double the SP today, the assets are there, china in particular looks compelling so i don't see any reason funding cannot be achieved.

Just the question of which option TK decides.

the obvious preferred PI route is no dilution whether through an asset sale (indo) or China farm in, only the later TK has control of with indo in conrads hands.

certainly exciting times despite the fairly mute response to news.

The cash balance must be a mistake, we know rough levels here and at some stage tk will need cash. There are options there for him. It feels like the market is awaiting news of how finding will be secured so once tk answers that question I’m sure we will see a serious re-rate.

is looking just brilliant, fair play to Tom & Gaz. suspect there will be partners lining up with offers.

News on the STOIIP Audit any day now. them time for TK to show his hand.

interesting....

https://www.investegate.co.uk/empyrean-energy-plc--eme-/rns/director-pdmr-shareholding/201810040946309755C/

stars = research-tree dot com

no worries,

is this the report?

https://*********************/companies/uk/oil-gas-e-ps/empyrean-energy/research/cenkos-securities/cenkos-empyrean-energy-plc-chinese-treasure/39_2018092004234623719

do you have a link? cheers

Yes mate, should get a new presentation and gaz will update on China As a minimum. Plenty attending from advfn so feedback should be good.

Empyrean Energy PLC (EME: AIM) announces that its Annual General Meeting ('AGM') will be held at The Royal Institution of Great Britain, 21 Albemarle Street, London, W1S 4BS on 5 September 2018 at 10.00am.

really interesting move, this was always too cheap but 60% rise from the lows in such a short space of time is interesting.... whats TK got for us all at the AGM ?? :)

Mikesgy - reason for the rise?

good question, short squeeze or China imo,

hopefully the latter, if the rumours are true and we have some majors interested then watch this space. AGM next week so hopefully some more details come to light.

he quite clearly states 'No point in leaving my funds here to further dilute' which quite clearly suggest he believes said person placing claims....

in fact his next post was 'Thanks Scarface72. Good luck to you too. I might revisit this one when the placing is open.'

that says it all to me, and others have probably followed suit.

he quite clearly states 'No point in leaving my funds here to further dilute' which quite clearly suggest he believes said person placing claims....

in fact his next post was 'Thanks Scarface72. Good luck to you too. I might revisit this one when the placing is open.'

that says it all to me, and others have probably followed suit.

crikey, wonder if there is some truth in the major chinese whispers???

looks to me he well and truly believed said person. see his last post.......

'After reading the appalling news being touted by the company i am out. Rathole i congratulate you on your FACT based posts and not being bothered by the fantasies of the "Wait for the good news about all the wonderful assets ". What a load of bull s--t! I wish I had never bought into this one. Huge loss but will use what I have left to trade and try to recoup them. All this you predicted with great accuracy and wish i had gotten out sooner. No point in leaving my funds here to further dilute. This will continue to be a long painful ride for everyone who like me came in over the 12p mark. Wish you all luck.'

Mike - you carry on posting and ignore the trolls. hopefully China will send this into orbit and allow some big gains to be realised.

nice to see, feel for the likes of didso etc who sold at 7 waiting for the placing and believed the rubbish being spouted.

could have got 50% more if waited. thats aim for you. unforgiving.

amazing what a difference a few days and decent gains make. go back two weeks and it was all doom and gloom. now sentiment is up and SP taking off. 10.6 paid.

However, there is always a caveat with this line, and it could be the T&C of a farmout deal with an oil major; yes, rumours (apparently from good sources) are that one or more oil major are pulling their seats up at the table, looking for a doggy-bag for their Chinese takeaway. IF this is correct, then I would imagine EME are in a very good position to drive a good bargain and sell some of their license to the best partner.

https://lemminginvestors.blogspot.com/2018/08/empyrean-energy-contrarian-punt.html

'The credit card is maxed out Orchy'

thats not good rathole, perhaps your not as good at investing / trading as you thought, do hope you manage to clear as being in debt is never good fella :)