Member Info for waveygravey538

Whats with the 28.5% spread???

Looks like the rats are leaveing the sinking ship!!!!!

Why,what else prevents you from doing your own research???

Can anyone explain to me why spread is 14.38% please? genuine question and answers please!!

Certainly dissuaded me!!

Frothing at the mouth" can mean either a figurative expression for extreme anger or excitement or a literal medical symptom. The figurative use describes being intensely furious, while the literal symptom is a sign of serious medical issues like seizures, drug overdose, or poisoning, and requires immediate emergency medical help

He"s got to be on the gear again!!!as ive said before,i dont want to filter him as i find him amusing,he cheers up a dreary day!!

Spread 18.5%!!wtf???

Anyone else think rooferprat and bigdenergy are one and the same???as noone answers him or takes him seriously he has set up a alto profile so he can have a conversation!!!!

Here we go again!you have got to be in it to win it!!

Because they have pulled a fast one and screwed empyrean!!!

Conrad will also owe empyrean 8.5% of the 16 millon to be paid by nations in the 3 instalments so 1,360,000!!!

RE: So19 Nov 2025 22:33

Just to give you a idea of figures involved!!!

working on the assumption that the revenue from production is 1 billon $ over the 10 year production dates 2026 to 2027,ive only used that figure as it is easier to work out the %

nations 75% 750 millon$

conrad /wnel 25% 250 millon$

this is based on conrad winning court case for breaking agreement with empyrean and screwing them

OR

nation75% 750millon$

conrad/wnel16.5% 165millon$

empyrean 8.5% 85 millon$

so it all comes down to the court case or a settlement before say 20millon if empyrean share falls badly enough,we will have to see but as you see its more about the sales of the gas over the next 10 years where the real money is.its going to be a intresting few months ahead!!!

Thanks for that news ill take a look right away!!!

Think it would be too late to pay what is owed now!!why are conrad going to take 800,000 for owed costs,when they think they can have empreans 8.5$ of future revenues which equals to 80 millon plus over production term!!!

Industrial arbitration can take anywhere from a few months to over a year to reach a final resolution, depending on the complexity of the case, the specific rules being followed, and the caseload of the involved parties

Thats the 80 millon plus question!!!

Just to give you a idea of figures involved!!!

working on the assumption that the revenue from production is 1 billon $ over the 10 year production dates 2026 to 2027,ive only used that figure as it is easier to work out the %

nations 75% 750 millon$

conrad /wnel 25% 250 millon$

this is based on conrad winning court case for breaking agreement with empyrean and screwing them

OR

nation75% 750millon$

conrad/wnel16.5% 165millon$

empyrean 8.5% 85 millon$

so it all comes down to the court case or a settlement before say 20millon if empyrean share falls badly enough,we will have to see but as you see its more about the sales of the gas over the next 10 years where the real money is.its going to be a intresting few months ahead!!!

Nations has agreed to fund 100% of all future project development costs, including its 75% proportional share and the remaining 25% share held by WNEL (a wholly owned subsidiary of Conrad Asia Energy

Overall capital expenditures to bring the field to first gas are estimated to be US$320 million, in line with previous advice1,2 . The CLA provides sufficient funding for WNEL's portion of development costs, including downpayments, contingencies for cost overruns, interest during construction, and working capital. First gas from Mako remains on track for delivery in the 4th quarter of calendar year 2027