This is a compilation (by no means complete) of one poster's extravagant remarks about funding in the 2008-11 period.
Do you see now what you are up against, chaps?
"I expect to start the drill turning around Oct 1st [2010] and the striking of oil within a couple of weeks thereafter. All the paper work is in place and soon announcements will be made to show our progress. Till then keep the faith. My opinion this is a super strong buy and hold for an enormous return. "
"Smart Win will lend $5,000,000.00 to Empire Energy to be used for the exploration and development of the oil, gas and helium resources of the Tasmania Basin within SEL 13/98. The note will be secured by a pledge of 32 million newly issued Empire common shares and the personal guarantee of Malcolm Bendall, Chief Executive Officer and shareholder of Empire Energy. " 17-Jul-2008
"EEGC announced today that Phillip Simpson, a company director, has loaned EEGC.. a total of AUD$400,000, and has also purchased Mach One Corporation (MNCN.PK) shares from Empire for a further total of AUD$244,000. These funds, totaling AUD$644,000, could allow deep drilling at Empire's Bellevue #1 well to commence during the month of February, said the company. " 30-Jan-2009
"remember the value of Flair Gas nanotech estimated at better then $5,000,000,000 which translates to more then $11 a share after the rights offering shares O/S. " 24-Jan-10
"Empire Energy Corporation International Signs USD180 Million Structured Finance Agreement" 2-Jul-10
"Over the next 4 years EEGC/GSLM will receive $180,000,000... the share value without even drilling at $5.34 per share. We have no where to go but up from there. " 5-Jul-10 (Share price 3 cents)
"When you have $180,000,000 at your disposal and more likely about $480,000,000 included in the flare gas financing it won't be very hard to allocate some funds to seek out and bring law suits against people attacking the company. " 14-Jul-10
"I expect a big run in stock price... the message boards are humming about Empire and the $180,000,000 funding... The price closed at $.035 and has a long distance to travel. Its a steel under 5 cents a share" 5-Jul-10
"BUY THE HELL OUT OF EEGC AND GET ALL YOU CAN AFFORD! ... I bought a share at 3 cents and it has a value of $5.34 and no place to go but up, what kind of an idiot or retard would I have to be to sell now...the share value without even drilling at $5.34 per share. " 4-Jul-10
"In the weeks and months ahead cash will flow and deed will be done... We will see $480 million in funding arrive along with a joint venture and the new drill rig will be purchased and shipped." 10-Aug-10
"They are in the process of wrapping up close to $500,000,000 in funding for several projects." 7-Oct-10
"EEGC is also in talks for a $300 million funding for Flare Gas." 4-Oct-10
"Hunter Wise is an ideal banking partner. The firm...is proceeding with the Empire capital raising efforts of an initial USD$200,000,000.00" 9-Dec-10
"Oil by February 2011 is being overly cautious. I think we will drill mid to late November 2010.The funding of $20,000,000 should be more then enough to bore the first well and then some. We are long overdue for success. I am buying all the shares I can with and funds I can find. " 31-Oct-10
"we are continuing forward with Hunter weiss for funding along with additional avenues of fumding.(sic)" 14-Mar-11
Where are you Walt? -
The Open Road goes to the used car lot.
