Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Almost 20,000,000 in red trades, not sure how long the price can hold up. Will be interesting to see where we are at the bell.
SSCC,
I think a lot of us are with you on that one.
The thing that concerns me with topping up is how long this will take and if they have enough money to see them through.
Well the share price had a good go at breaking 0.1405p, but didn't make it so we have dropped back into a falling wedge pattern whilst still in a cup formation. If it stays within the falling wedge then at some point the share price with bounce back up. If you are planning on topping up, your choice , but waiting for another drop in sp might be beneficial to maximising profit from the rise.
Lexy
The sp has been in free fall since they announced the JV, but you say the Board has done their job.
No.
Price will be sub .10 this week, I suppose you are happy with this ,.as you say the BOD has done their job!!!!
Yes I know the JV was agreed. What I was meaning is that board as done their job getting it over the line. We are now waiting on the good old GOI to do dit now.
The JV was agreed over 2mths ago.
So it has been down to waiting on GOI since then.
I have been doing some research on JVs in India and from what I have found the most difficult and longest part is thrashing out the said agreement. Once the two parties have agreed their part it seems that it is just a matter of the GOI signing it off. That’s the way I see it. If this is the case it out of the boards hands so wait we do. Lexylou
We know , already said , 19 th April.
GOI being after election & how long the wait will be is is a guess/your opinion.
Overall nobody knows & it might come through this/next week or in May/June.
So the wait goes on.
Enjoy
The SP is holding up pretty well given we're probably waiting for a couple of months (optimistic?) for GOI post election JV approval.
It’s a shame that LTHs have been treated so badly in my opinion with a complete lack of accurate information and timescales, leading to a probable large scale exit!
I don’t know who’s fault this is, whether it’s the government, SYN board, or other involved agencies but someone or group is responsible for the poor leadership here, which has resulted in investors losing confidence and trust in the whole “machine” and its faulty cogs! It’s also a real shame because of the potential but people have real lives and can only wait so long on given data .
GLA
Not sure I’m going wait in here for the C.C.S. to become fruitful, but I’m definitely waiting in here until the first well starts producing as a joint venture, of course we will see a bump up as soon as the JV Is signed off by the GOI, but I would expect an even bigger jump depending on good flow rates.
That's right Steven. There are one or two exceptions like Espen and Callum who have said they are here for the long haul. No doubt there are some who don't want to believe it will be that long in spite of it being in black and white on the company's website. Atb. Gla.
Well tbh Gordon I can’t imagine that many wanting to wait that long in any case, dead or alive, because I certainly don’t.
Ssccss
As Syn still used wording of 'very soon' even with a cover at end of no gurantees then let's hope it can still just about full into that loose time frame & come through as you say. This week.
Yes pj and Steven , it's probably about 50/50 whether I still exist in 2030. Lol.
What’s another 6+ torturous years Gordon?!
Yeah,that's in 2030 + some of us won't be here " gaw blimey govner" , I'm only here for the O&G, and then I'm out.I
Glah
PJ
What a welcome surprise it would be if approval were to arrive this week!
Depends on what you mean by a few years haddy. We're talking the early 2030's before there's any return.
This is what Roland is here for , cambray is merely a stepping stone for ccs. This will be massive in a few years
Курица тикка масала — блюдо номер один в Дели.
New tweet today
https://twitter.com/Synergiaenergy/status/1781338865988460685
A couple of articles mentioning SYN on energy voice. Good articles. Good exposure.
https://www.energyvoice.com/renewables-energy-transition/551887/synergia-appraisal-well-camelot-uk-ccs-project/
https://www.energyvoice.com/renewables-energy-transition/ccs/552064/perenco-poseidon-orion-ccs/