Member Info for Conger2

No I not happy off at you making a massive song and dance about it.

With the current share interest, your public words could easily matter so like I said you may have cost us thousands.

I hold many times the daily liquidity in shares, I can easily move the share price with a buy or sale.

You really are missing the point.

You might win the argument and be entirely right what you said about them, but that does not help them or any other investor.

You might have cost many investors £1000s here, but you don’t give damn, all you care about is you being right and shouting about it, it seems to me. Not the consequences to anyone else or the company.

Of course it’s down to you, you made it worst, you shouted about it public.

I am really annoyed by your stubbornness, any one with half brain can see you made it more painful for every investor, it’s on twitter now being #tagged to the company ..

Can everyone now focus on why we are here to make money.

This whole episode has been an own goal, exasperated by some shareholders need to shout about it publicly.

Which I repeat is like turkeys reminding us it is nearly Christmas. It quite beyond me the logic of this, as it can only damage our investments.

Moan....

Sorry just needed a quick moan, as we all know this is a £2.50 + share and it has no business being this low at this point of the Covid recovery cycle.

I have shared this board with him for 8 years and I can tell you he can go down a rabbit hole at times. He misses the big picture because of some detail, becoming a gung ho white knight charging in to save the world.

I also would not disagree most of the time his comments are constructive and well thought out.

"Oh btw, since Syn will be owning just under half of the asset Cambay would need to be valued at £200 million for a share price of 1p."

Perfect of example of a negative post .... I did not say I was talking post JV?

Also if the JV values Cambay at £100m they will get £50m cash and own £50m of Cambay after the JV.

This is simple maths ....

You are so busy trying to win an argument, and prove yourself right you are missing the point we are all invested here Gordon, to make money.

I think people ask themselves, why do they own shares in Synergia...

If your post does not add to that value they should keep it themselves, especially in view the way inflammatory, possibly libellous language is being used on this forum currently, I would be fuming and distracted if it was directed at me.

If you have a issue with the company talk to them directly, as by turning off one potential shareholder you are effecting everyone's return which we all know is their if it can be unlocked.

Sorry that post is terrible English but you get the point.

If you pick holes in everything they say they will shut up....

Then people will complain they are saying nothing.....

To get the SP to around 1p they need a Cambay to valued at around £100m UKP by focusing on these details you are missing the overall point this company is massively under valued, to the tune of making a it a 10 bagger easily.

This board membership is acting like a bunch of Turkeys wishing for Christmas to hurry up and come around...

I just wish there was more trades than posts on this board for starters, which is a much more important issue imho.

Why do you wish they admit the mistake?

What does that actually achieve?

It was forecast, based on a lot of assumptions that quiet honestly are mostly an educated best guess finger in the wind.

Its a forecast they change ....

Gordon, what do you want as an outcome?

No what was said not what is in the presentation it is obvious a mistake...

The number does not relate to the headline of the page.

I think it is badly worded and ambiguous and you deliberately miss understanding it.

I always understood $725m was the field value as was said in the presentation.

It bloody obvious if you do the maths that 10 wells are not $725m IMHO

Https://www.synergiaenergy.com/sites/synergia-energy-ltd/files/documents/documents-downloads/20221213%20Shareholder%20Presentation%20ASX.pdf

Page 17 --- under field development $725m

https://www.synergiaenergy.com/sites/synergia-energy-ltd/files/FINAL%20Investment%20presentation%20Aug%202023%20FINAL.pdf

Page 12 $3bn reserves

Page 13 NPV10 $58.3m.

Decline rate 30% not 40%

High pressure gas rate 15 no 40

Also the 775 is not by the 10 well calculation, but it is as I think the entire field, so I don't think you are comparing like for like.

I am going to model by both calculation tomorrow myself on Excel if i have time.

They are for 10 well not the field /// £58m - £120m

We really need some volume and trades going on here, bugger all liquidity, hopefully that will change with good news flowing in.

OMG I have been here the whole time and all I seen for years in placings, free shares SMT and, "sophisticated" investors, delays and share price dilution for the LTH majority.

I must be a bad luck charm...