Following on from our previous report we wanted to explore the potential value of the Jade, Topaz and Pearl prospects in the event of success. We explore a potential three stage approach to the drilling of the three identified prospects within Block 29/11. Phase 1 involves success at Jade, which in the event of a commercial discovery would see our risked valuation of Jade increase from 9.7p to 41.2p. Phase 2 involves success at Topaz, which in the event of a commercial discovery would see our ri ....
12 May 2021
Cenkos: Empyrean Energy Plc -- What Could China Be Worth?
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Cenkos: Empyrean Energy Plc -- What Could China Be Worth?
Empyrean Energy PLC (EME:LON) | 0.6 0 0.0% | Mkt Cap: 7.04m
- Published:
12 May 2021 -
Author:
James McCormack -
Pages:
6
Following on from our previous report we wanted to explore the potential value of the Jade, Topaz and Pearl prospects in the event of success. We explore a potential three stage approach to the drilling of the three identified prospects within Block 29/11. Phase 1 involves success at Jade, which in the event of a commercial discovery would see our risked valuation of Jade increase from 9.7p to 41.2p. Phase 2 involves success at Topaz, which in the event of a commercial discovery would see our ri ....