Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Going on the importance & value to Syn would say that a mid 0.20s s/p should be achievable. Maybe even slightly more.
135 paid
Next on list, is s/p to booted upwards.
0.13 Being hammered
Yep, eyes on the prize...
· 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.
Buys flying in !
Hopefully
Good luck all those waiting for your .08 and .09 buys. Not happening. Can't imagine many people looking to sell at this stage.
Google showing it as a 10M trade
5M+ trade @ 0.13 must be a buy.
Keeping everything crossed for this week 🙏
Bid has dropped to 0.1205p...
Sure at close bid was 1/2 point higher @ 0.125.
3 out of 1st 4 are buys. Let's hope that continues for most of day.
Will it be this week?! Fingers crossed.
Thanks Mike.
Markets open so let's see what today brings
Someone's being a silly sausage....
It's certainly building, not sure when it will pop, but I'm sure it will soon
I expect this to catch fire tomorrow, news got to be nailed on this week after Fridays activities. This is the start of what we have been waiting patiently for .
Enjoy
Agreed Sausage, a few more of those 5% days before GOI and I'll be a happy chappy. A drill start date in the RNS would be the icing
It would be strange with there was a whole load of buying the day before, a bit suspicious, but I'm taking as a positive this steady buying and small daily rises. I'm hoping for a few more blue days this week
We are now only a couple of weeks away from above since JV came through.
So would hope that we have closed right into the GOI also coming through & would hope details on 1st drill.
Indeed sprint, and we’ve hardly built up a sweat yet!
Overall would think that 38% from where s/p is now is a good start, but many are think at least double as a minimum for an end.
Wait & see, as usual
Well we're 56% up ytd and 25% in the last month sausage so we're not far off
Selan share price up 38% in the last month. Let's hope some of that rubs off on SYN next week.