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Elections, Just when you thought it was over , learnt they are now voting in Mumbai according to Indian tv news. broadcast, this might delay until June imo.
Time to focus on the deal itself as GOI JV approval is just around the corner imo
· Both Synergia and Selan are focussed on developing the Cambay PSC Eocene gas and gas condensate reservoir which contains independently certified 2P gas reserves of 206 BCF (as at 1 June 2022)
· The joint venture unlocks the path to a full field development of the Cambay PSC with a sophisticated and experienced operator-partner
· In exchange for the 50% interest, Synergia will be carried by Selan through an agreed US$20 million work programme ("WP") comprising 3 new wells focussed on the Eocene reservoir and 3 well work-overs
· The WP is to be completed within 18 months of the later of GoI approval of the WP or the award of contracts for the WP, extendable by a further six months in certain circumstances
· Synergia will receive a cash payment of US$2.5 million immediately following GoI Approval. The Company proposes to apply the proceeds of this cash payment towards working capital purposes.
· Synergia will retain a 50% interest in the Cambay PSC and a 50% share of the future production and revenues.
Pretty sure that’s your OWN Twitter page 😂😂😂
Passing his own stuff off as “rumour”…
Now begging others to Email the company for him because they don’t reply to him
😂😂
IGNORE THIS CLOWN 🤡
Why do you think he's going to India ?
Certainly see a rise if SYN announce Roland is off to India in 2 weeks. Let's see what Gordon gets back from Roland/ Briana.
Just email the one more time and ask if he's planning on going to India in early June, see what reply you get.
Can't see the point Sausage. Would just get the dame reply of very soon that I got 5 weeks ago.
Think this is the week we start building momentum,can see a nice rise this week
Anyone emailed Roland? Gordon have you?
Thought you were of a home bargains man myself.
🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕
(Can you see what I did there)
Any way if Synergia tweet that Roland is off to India, I'm going to larf my socks off about the speedos
I just saw Roland in Asda buying a new pair of speedos, trip to India imminent.
If the delay is apparent from these elections.. Of which i doubt they do tbh. Results will be declared on the 4th June.. So not long now.
I find it puzzling how so many choose to follow the herd.. Patience seems like a dying philosophy..
Why pay later on a premium 🤔
Wouldn't be surprised as always expected JV approval in June/July after elections. Also anticipate a lot more buying interest in anticipation of this key decision. Carrot has no chance of his 0.08p buy in lol
On what was said in last Rns there does not look to be any reason for him to go to India at the moment.
IMOP
Https://twitter.com/My_Other_Login/status/1792139220644966755
Worth an email to Roland on Monday morning, even if he doesn't reply to me 🤣🤣🤣
Hi Gordon in my view the jury is still out with regard to Panmur Gordon - I did not like the way their research notes were not readily available to retail investors.
I think the London stock exchange has realized it needs to do a lot of work to improve the performance of aim shares . Indeed if we were listed on the NY exchange our share price would probably be 3 or 4 times higher and if we were listed even on the Indian exchange the price could be a little higher . Interest rate cuts and work by the London stock exchange should see improvements as the year goes on.
Hi Jack. Interesting post. It is a year next month since Panmure Gordon were brought on board to attract institutional investors. I think we would all agree that is something they have totally failed in.
Perhaps Syn should ask for their money back.
As for their target of 1.51, now revised to 0.93, presumably you are not still expecting anywhere near that, this year? I still expect a decent boost on GOI approval but would now be reasonably happy to get out with close to 0.2.
I doubt there is any plan to boost the sp other than hoping that news flow of approval, drilling, production etc does the trick. Atb.
I would like to see a slow managed rise Aminex(AEX) is a very good recent example slow regular small rise which had a staring price of .8 on 12 April and yesterday was at 1.6p double the starting price with a great deal further to go. I think this was achieved by the market makers using various methods including a big spread to discourage shorters and dropping the bid on larger sales. Which is good for long term holders as it enables the share price to build slowly up and gives long term holders the chance to see brokers forecasts achieved . Why do I think Roland might have had lots of discussions about this and hopefully there is a plan about to kick into action given is dislike of shorters.
Just checked. Recent high was 0.205
I'm hoping for something in the next week or so now..I have the impression Rolands contacts will have some knowledge on timescales.. More importantly expect the price action once GOI has been approved to match recent highs.. Think that was 0.018🤔and no doubt reach a new base line going forward.
Exciting times are approaching and expect next year to be absolutely transformational for synergia 🥂😎
Good news for BASF and Synergia CCS Partner: According to information from the German Press Agency, the Ministry of Economics has approved the sale of the oil and gas subsidiary Wintershall Dea to Harbour Energy.
Never underestimate the power of weakness conger 💪,
1 week closer 🥕, almost forget you lot enjoy expensive 🕸