Member Info for BlackBat17

Sintana is 3 million dollar richer, according to todays RNS.

Remarkably, this has had negligible effect on the share price!

Https://acrobat.adobe.com/id/urn:aaid:sc:EU:bc80d9ab-6008-4756-a16b-aa88cdc27335

But LSE just reports 160,000 traded.

Think it was a similar situation last Thurs or Friday.

Https://www.malcysblog.com/2026/01/oil-price-serica-sintana-rockhopper/

Don't know why the link is being blocked - just search for Auctus Advisors etc.

don't know why it obscured the web site address.

just substitute '***************************' for the asterisks

analyst stephane foucaud sees material upside for the company, setting a target price of c$1.55 per share, nearly four times the current share price of c$0.40.

https://www.***************************/sintana-energy-set-to-unlock-south-atlantic-potential-says-auctus-advisors/4121231032

250,000 shares traded by 9am.

330,000 currently

Would suggest there is going to be some sort of announcment...

PS in message aboe Nite = Note!

Nite: 400,000+ shares were traded yesterday on the AIM market, so plenty of punters of trading on it

I managed to buy a small number of shares fine 2 days through interactive Investor and I saw them go through on the AIM market.

Https://www.lse.co.uk/SharePrice.html?shareprice=SEI&share=Sintana-Energy

Very detailed analysis and valuation by Zeus:

https://sintanaenergy.com/app/uploads/2025/12/Zeus-on-Sintana-Energy-Inc.pdf

To summarise:

Assuming US$65/bbl Long-Term Brent:

Current Share Price ~C$40

Total Risked NAV C$1.48

Total Unrisked NAV @ US$65/bbl Long-Term Brent C$9.13!!!

Happy New Year!

Sintana is now down by only 8% so coming back up.

Punters are realising it is not such a bad deal after all!

With TotalEnergies taking the operator role and carrying part of the development cost (50% of Galp’s spend) under the deal, the financial burden and execution risk for the project is less on Galp — and indirectly lowers risk for non-operators Custos & Sintana.

The involvement of a deep-water major with strong technical and execution capabilities increases likelihood Mopane/PEL 83 moves from exploration/appraisal into actual development. That raises the chances that Sintana’s ~4.9 % interest ends up monetisable.

Because the project is now under a major and being carried, market perceptions of risk should decline. For Sintana this should result a re-rating even without immediate production.

Currently about 500,000 here today.

Sintana was up 7% yesterday.

Looks like GALP are going to get a supermajor to farm in on PEL83 off Namibia shortly. Sintana has 5% ownership of PEL83 which is estimated to contain around 3,000,000,000 barrels of recoverable oil

See: https://www.proactiveinvestors.com/companies/news/1063705/why-sintana-energy-stands-out-in-namibia-s-orange-basin-analyst-1063705.html

Https://www.msn.com/en-us/money/markets/pancontinental-energy-expands-prospective-oil-resources-in-pel-87-project/ar-AA1PxaR7

Oh and Sintana has 7.5% interest in PEL 87...

OK fair point about the OOIP - If we take the recoverable resources for PEL 83 to be 900 million bbls then the figures just for PEL 83 are:

Low C$0.30

Medium C$1.28

High C$2.55

But then if you apply an industry typical P/E ratio, this would increase the share price further - but I have no idea what that would be.

So, taking the mid valuation of each case above, the acual share prices should be:

Low C$1.24

Medium C$5.33

High C$10.65

So significantly undervalued!!

Assuming 380 million shares in issue

Figures in Canadian dollars $1US = C$1.35 (ish)