Member Info for Candlestick

Thanks Espen, that’s really good to hear. Hopefully the documents were submitted the day after GoI so they’ll be self-certified by 22/23 August.

Not long to wait… again!

Haddy, they won’t be buying shares via warrants if they’re exercisable at 0.14p and then selling them at 0.12p.

And they would have to announce this to the market beforehand.

I also wouldn’t have thought they NEED to raise anything just now; the only thing in the back of my mind are those 25 and 50M sells that have been going through recently – they just felt different to the normal pattern of trading we see here

I guess Roland has two options.

Sit as an almost dormant company, and wait for any work covers and drilling to generate revenue to allow the business to progress CCS (and to have enough cash at Hand to start paying for their share in 18 months).

Or raise some funds now (or soon) to give them enough headroom to do the above without waiting for cash from drilling.

I wouldn’t be surprised if they needed to maintain a certain level of cash as part of the JV agreement, they will still need to stump up Funds once the $20 million is used up

Feels like somebody is dumping a fair few. Lots of big, round sells.

We didn’t have trades like this prior to the GoI, certainly not to the size and regularity we’re getting now.

I don’t think I’ve ever seen a 50 million and a 25 million go through on the same day without even being delayed.

SCE stagnant after 1p placing then went to 2.2p - twice

POLX stagnant after 1p placing then went to 2.2p

The first trade was a sell - the nearest trade was a buy 14 seconds earlier at 0.1288p

The second trade wasn’t even yesterday, it’s from Thursday.

This is what I was told by SYN back in Feb

“The vertical wells are planned to be fracked with a target initial production rate of 2 mmscfd. We may in the future re-enter the wells and drill horizontal sidetracks.”

I’d go so far as to say, with a 10-well programme, achieved initial rates of 6mmcf/d with 30% annual decline for each well, they won’t even get to the 70bcf trigger for the last payment by 2033 🤷‍♂️

30 wells, now you’re talking - but that’ll be well into the future.

Synergiaenergy@synergiaenergy.com

Let them know your feelings - I agree that they need to communicate faster and better, let’s make them understand this

Petro Matad Ltd - Commencement of Heron-1 Completion Operations #MATD https://www.voxmarkets.co.uk/rns/announcement/54aba6f5-5b5b-460f-a0c7-2d36d638dafa #voxmarkets undefined

Great, let’s move on then as that was painful 🤬

Research - tree (without spaces)

in case anybody can access it - not sure if it’s a research note or just content from the rns

https://*********************/research/sp-angel/sp-angel-morning-energiser-22-07-24/7_202407220551066584

Https://x.com/candlesticks18/status/1815269614915366991?s=46&t=ipW7IMp6GVgCsYSTs_Wd3g

Time to rock & roll!

Sticking my neck out and saying we’ll get GoI approval, plus Operations Update/Plan this coming week. Possibly in the same RNS 🤔

06:20 onwards

https://x.com/thesaintcharts/status/1815018893355991078?s=46&t=ipW7IMp6GVgCsYSTs_Wd3g

Maybe it’s sitting in drafts by mistake 🤣

Maybe it has been - “LSEG Says Technical Issue Is Halting RNS News Announcements”