EGO - Empire Oil & Gas
- Thread starter krisbarry
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Re: EGO - Empire Oil
Yeah it's been strange to watch EMR stand still. I put more on it as they appeared a little more diversified and have a series of drillings into the first quarter of '08. I should have bought more EGO yesterday.. I only bought a pittance at .015 basically rouletting for a strike.
Yeah it's been strange to watch EMR stand still. I put more on it as they appeared a little more diversified and have a series of drillings into the first quarter of '08. I should have bought more EGO yesterday.. I only bought a pittance at .015 basically rouletting for a strike.
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Re: EGO - Empire Oil
Using the out of date StockAnalysis matrix of the Valentine project, I have updated it with:
1. Fully Diliuted Current Market Caps, including recents placement, with the assumption that excercies of options is already factored into the SP.
2. New adjusted and non-risk adjusted leverages and cps values.
Please note that I have not changed the StockAnalysis' Targets, Oil/Gas values, or the 6.7% risk factor (Do not know where Strachan got that from).
Please feel free to tinker with the formulae/correct any errors and repost the spreadsheet.
Of course, it goes without saying that each company's other drill targets need to be looked at when viewing the downside on the company, should Valentines day be a none event.
Bottom line, if successful Valentine will be a company maker for the 4 smaller partners, with Emerald giving the biggest % gains from the current SP.
Cheers
Using the out of date StockAnalysis matrix of the Valentine project, I have updated it with:
1. Fully Diliuted Current Market Caps, including recents placement, with the assumption that excercies of options is already factored into the SP.
2. New adjusted and non-risk adjusted leverages and cps values.
Please note that I have not changed the StockAnalysis' Targets, Oil/Gas values, or the 6.7% risk factor (Do not know where Strachan got that from).
Please feel free to tinker with the formulae/correct any errors and repost the spreadsheet.
Of course, it goes without saying that each company's other drill targets need to be looked at when viewing the downside on the company, should Valentines day be a none event.
Bottom line, if successful Valentine will be a company maker for the 4 smaller partners, with Emerald giving the biggest % gains from the current SP.
Cheers
Re: EGO - Empire Oil
Have a second look at the "Discovery Value (Gas)" formula.
I think you have used wrong cell references.
Have a second look at the "Discovery Value (Gas)" formula.
I think you have used wrong cell references.
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Re: EGO - Empire Oil
Thanks 123enen. Twas a silly mistake
.
I've corrected it now. Still the ratios between the partners remains the similar.
Thanks 123enen. Twas a silly mistake
.I've corrected it now. Still the ratios between the partners remains the similar.
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Re: EGO - Empire Oil
What a day!!!
Closed @ 0.035
Approx 599 Million in Volume!
40% Gain
Some how with the momentum it has, it can get to 0.100 in 4 weeks...??!??
Too bad I didn't buy early.
But will try to get some tomorrow.
What a day!!!
Closed @ 0.035
Approx 599 Million in Volume!
40% Gain
Some how with the momentum it has, it can get to 0.100 in 4 weeks...??!??
Too bad I didn't buy early.
But will try to get some tomorrow.
Re: EGO - Empire Oil
If it reaches 10c thats a market cap of $200 million ( i think, 10c * 2 billion shares on offer).... with no discovery nothing ... i'd say this stock is more hype than substance at the moment ... i dont know i could be wrong .. we all are at some stage
What a day!!!
Closed @ 0.035
Approx 599 Million in Volume!
40% Gain
Some how with the momentum it has, it can get to 0.100 in 4 weeks...??!??
Too bad I didn't buy early.
But will try to get some tomorrow.
If it reaches 10c thats a market cap of $200 million ( i think, 10c * 2 billion shares on offer).... with no discovery nothing ... i'd say this stock is more hype than substance at the moment ... i dont know i could be wrong .. we all are at some stage
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Re: EGO - Empire Oil
Will you try tomorrow??
I am kicking myself for chasing EGO and trying to get it at .011 last week, but im WAY to scared to buy in now.EGO's share price has got to come back to earth soon!
Knowing my luck if i bought tomorrow, the share price would about face on me
I chose IMI instead because at least they have a product.
EGO was a bit too speculative for my liking by the end of the day
But well done to those that bought in early!
Up nearly 200% in the stock competition!
What a day!!!
Closed @ 0.035
Approx 599 Million in Volume!
40% Gain
Some how with the momentum it has, it can get to 0.100 in 4 weeks...??!??
Too bad I didn't buy early.
But will try to get some tomorrow.
Will you try tomorrow??
I am kicking myself for chasing EGO and trying to get it at .011 last week, but im WAY to scared to buy in now.EGO's share price has got to come back to earth soon!
Knowing my luck if i bought tomorrow, the share price would about face on me
I chose IMI instead because at least they have a product.
EGO was a bit too speculative for my liking by the end of the day
But well done to those that bought in early!
Up nearly 200% in the stock competition!
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Re: EGO - Empire Oil
LetsGetRich,
I notice this is your first post, welcome to ASF.
Just so you know we have a policy on people posting price targets that you should probably review fairly closely before posting further. You can find details of this policy here: https://www.aussiestockforums.com/forums/showthread.php?t=4118
In short, any posted price target must be supported by either some kind of technical or fundamental analysis of the stock. They cannot simply be plucked out of thin air. I know it is tempting to post price targets but unless they can be backed up with a convincing argument they really serve no useful purpose.
LetsGetRich,
I notice this is your first post, welcome to ASF.
Just so you know we have a policy on people posting price targets that you should probably review fairly closely before posting further. You can find details of this policy here: https://www.aussiestockforums.com/forums/showthread.php?t=4118
In short, any posted price target must be supported by either some kind of technical or fundamental analysis of the stock. They cannot simply be plucked out of thin air. I know it is tempting to post price targets but unless they can be backed up with a convincing argument they really serve no useful purpose.
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Re: EGO - Empire Oil
Hmm, I can't edit or delete the post. You can do that for me, sorry about it.
So the price it is at today is the most likely the peak?
Hmm, I can't edit or delete the post. You can do that for me, sorry about it.
So the price it is at today is the most likely the peak?
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Re: EGO - Empire Oil
If the price looks good, I might buy just very very little. I think it is very high risk but high return.
I am actually more keen on EMR as other members are discussing it in the EMR Thread. But with my funds stuck in IMI, no time soon to stock any EMR up.
I don't think there is an IMI thread.
Will you try tomorrow??
I am kicking myself for chasing EGO and trying to get it at .011 last week, but im WAY to scared to buy in now.EGO's share price has got to come back to earth soon!
Knowing my luck if i bought tomorrow, the share price would about face on me
I chose IMI instead because at least they have a product.
EGO was a bit too speculative for my liking by the end of the day
But well done to those that bought in early!
Up nearly 200% in the stock competition!
If the price looks good, I might buy just very very little. I think it is very high risk but high return.
I am actually more keen on EMR as other members are discussing it in the EMR Thread. But with my funds stuck in IMI, no time soon to stock any EMR up.
I don't think there is an IMI thread.
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Re: EGO - Empire Oil
Is EGO a takeover target at the moment? why is the price rising so rapidly i can't work out why lol
Is EGO a takeover target at the moment? why is the price rising so rapidly i can't work out why lol
doctorj
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Re: EGO - Empire Oil
Probably not a takeover target... consolidation is due in the industry but given the % of their market cap that has turned over this month already (FAR in excess of the % that would trigger a significant holder notification), my money is it is likely due to a combination of momentum traders and people repricing their leverage to the Perth Basin.
Wysiwyg
Everyone wants money
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Re: EGO - Empire Oil
I got a wee story there penny...my bro. gives me a phonecall from `up that way in W.A.` at .019 and says get on they are hot.Looked at the chart and thought nuh...hospital pass there.(with all markets falling)I`ll let them go.Come home today and saw them at .034 and the rest is history.Never can tell what will happen tomorrow hey lol.:
I got a wee story there penny...my bro. gives me a phonecall from `up that way in W.A.` at .019 and says get on they are hot.Looked at the chart and thought nuh...hospital pass there.(with all markets falling)I`ll let them go.Come home today and saw them at .034
and the rest is history.Never can tell what will happen tomorrow hey lol.:
