Member Info for StockFlopStar

I think some people are forgetting that this is an exploration stock, by nature, these investments carry high risk, and the price won’t simply climb continuously.

We invest in stocks like this for that one game-changing RNS that could send the price soaring. Until that happens, whether it takes a month or five years, it’s a waiting game. If you’re looking for steady, predictable growth every month, you'd be better off putting your money into an ETF, an S&P 500 tracker, or even gold while the orange tangerine screws up the global economy.

I remember just before HE1 took off, that board was filled with negativity, people claiming the share was doomed and that Lorna Blaisse was incompetent. Then the RNS dropped, and suddenly, everyone was celebrating.

Patience is key here. Yes, AC has been relatively quiet, but personally, I’d rather he only releases an RNS when there’s meaningful information. Some exploration companies churn out weekly updates filled with fluff, which only fuels market volatility and turns the stock into a trader’s playground.

Stay calm, take a step back, and remember why you invested in the first place.

@dysmons – I’ll admit, a few weeks back, I was one of the people who dismissed your claims about Vecta having no crew, etc. However, in the absence of any official updates from Mosman, some of your theories now seem worth considering.

That said, I have to ask—where exactly are you getting your information from?

1. There was never a timeline issued, so how can there be a delay?

2. You stated, "Vecta made it clear in March to Carroll that mid-April was the earliest for crew." That’s quite specific—where did this information come from?

3. You also mentioned, "VECTA were at risk of a default." Again, where are you seeing this?

You’ve been asked multiple times to clarify some of your claims, yet despite the strong criticism you direct at this stock, you haven’t provided any concrete evidence. If you have reliable sources or factual information, this would be the perfect opportunity to share them and add weight to your arguments.

Rob-50 is 100% right, there is technically no delay as no dates were provided…massive over reaction in the market, likely from traders - this is a lovely opportunity to top up for LTH who have the appetite to do so!

Dysmons reminds me of Donald trump, talks a lot of sh**e with no substance, do us all a favour and go spout your sh*te elsewhere

I’ve taken some time to digest the recent shareholder meeting document, and I wanted to share my thoughts and concerns regarding the proposed resolutions.

The company is seeking approval to introduce up to 2 billion new shares, which, if fully issued, would result in a 38% dilution of my current holding. This is a significant reduction in value, and naturally, I want to understand the full reasoning behind this move before deciding how to vote.

What stands out to me is that the Wilson River 1 well is supposedly fully funded, so why raise additional funds now? If we are expecting results from the drilling campaign soon, I would have expected the company to hold off on any fundraising until we know the outcome. The timing raises questions: does this indicate a lack of confidence in the drill’s prospects, or is there another reason for securing these funds in advance?

Before I can be convinced to vote in favour of these resolutions, I would like clarity on:

- What specific purposes the funds might be used for (working capital, new opportunities, contingency, etc.)

- Why the company feels it needs to raise at this stage rather than post-drill results

- Whether this issuance is precautionary or driven by an immediate need for cash

I’d be interested to hear everyone else’s views on this, does this raise any red flags for you, or do you see this as a smart move by the board?

Just for fun, I popped the latest RNS through Chat GPT to analyse and asked it to provide me with a rough share price estimate based on the data already available and depending on the outcome from Wilson River prospect - here’s what it said;

Estimating the potential impact of the Wilson River prospect on Empyrean Energy plc’s share price involves several assumptions and variables. Here’s an analysis based on the provided low, mean, and high estimates of oil in place:

1. Assumptions:

• Recovery Factor: Assuming a recovery factor of 50%, which is within the range of nearby fields.

• Oil Price: Using a conservative oil price of $70 per barrel.

• Working Interest: Empyrean holds a 40% working interest in the Wilson River prospect.

• Shares Outstanding: Approximately 2.55 billion shares.

• Exchange Rate: Assuming 1 USD = 0.75 GBP.

2. Calculations:

• Low Case (8.7 MMBOE):

• Recoverable Oil: 8.7 MMBOE * 50% = 4.35 million barrels

• Empyrean’s Share: 4.35 million barrels * 40% = 1.74 million barrels

• Revenue: 1.74 million barrels * $70 = $121.8 million

• Revenue in GBP: $121.8 million * 0.75 = £91.35 million

• Value per Share: £91.35 million / 2.55 billion shares ≈ £0.0358 per share

• Mean Case (21.3 MMBOE):

• Recoverable Oil: 21.3 MMBOE * 50% = 10.65 million barrels

• Empyrean’s Share: 10.65 million barrels * 40% = 4.26 million barrels

• Revenue: 4.26 million barrels * $70 = $298.2 million

• Revenue in GBP: $298.2 million * 0.75 = £223.65 million

• Value per Share: £223.65 million / 2.55 billion shares ≈ £0.0877 per share

• High Case (37.4 MMBOE):

• Recoverable Oil: 37.4 MMBOE * 50% = 18.7 million barrels

• Empyrean’s Share: 18.7 million barrels * 40% = 7.48 million barrels

• Revenue: 7.48 million barrels * $70 = $523.6 million

• Revenue in GBP: $523.6 million * 0.75 = £392.7 million

• Value per Share: £392.7 million / 2.55 billion shares ≈ £0.154 per share

3. Current Share Price:

As of February 6, 2025, Empyrean Energy’s share price was approximately £0.001425. 

4. Analysis:

• Low Case: The estimated value per share (£0.0358) suggests a potential increase of approximately 2,414% from the current share price.

• Mean Case: The estimated value per share (£0.0877) indicates a potential increase of approximately 6,056%.

• High Case: The estimated value per share (£0.154) implies a potential increase of approximately 10,711%.

5. Considerations:

• Costs: The above calculations do not account for operational expenses, taxes, royalties, or capital expenditures required to develop the field.

• Risk: Exploration projects carry significant risks, including the possibility of the well being non-productive.

• Market Factors: Oil prices are volatile and can significantly impact revenue projections.

• Dilution: Future fundraising efforts could dilute existing shareholdings, affecting the per-

Classic getting Pumped to be dumped

When were they told by their legal team not to discuss publicly?

Ah fair enough! I’ll squash my concerns (for now).

I’m surprised I haven’t seen anyone mention the situation in Israel at the moment, especially with tensions rising on the Lebanon border and how it’s potentially impacting ENET from investment, securing new contracts and daily operations…every sector and industry in Israel have been severely impacted by this, and ENET certainly aren’t immune to this.

You can indeed update a website in real time, I have numerous Wordpress sites (which ENET clearly uses) - if something of substance is being posted to the website, yes may need an RNS, but you certainly dont need to take the website down.

Looking at the error messages, they are getting errors from their wp-settings.php file (as you can see) - this usually occurs when there is a clash between plugins that have been updated and may become incompatible with other version of plugins on the site....

If anything, Im more concerned they have not addressed it quite quickly, as this can be a 10 min fix with a roll back, or a couple of hours with some troubleshooting and updates.

Agree the market reaction was strange! In some sense I dont mind, as Im currently loading up monthly on this and will continue to do so for a while.

The meeting yesterday I thought was brilliant, out of the few AIM investor meetings I have attended this team seems to be the most switched on, have a clear and executable route to success and most importantly, I think they are very wise when it comes to the financial management of the company.

I do think there is a lack of marketing exposure for VC when it comes to investors, but then again I am happy with that as I want to load up and dont want them to become a trading playground.

This is an incredibly strong AIM company with a very bright future.