Member Info for Doc83

What about Richard Francis and many others brought onboard just prior to SPRINTER?!

Fruits, bear in mind they hired Ray Jordan to do all the PR ready for the SPRINTER success. He was offloaded a few weeks later!

Wouldn't it be lovely for Synairgen to just give us our god given right to an annual AGM, and we could have all our questions answered!

*20 days to exit, or next Friday!

Asher, I hope so. But in the continued absence of a positive RNS, we are up against someone selling in large blocks.

I'm just postulating here, but to me it is a single, very large seller from the capital raise. Let's say they took up £1m worth or 50m shares. Just glancing down the trades, I reckon they're offloading around 2.5m shares on average each day. That would take 25 days to exit their position. It looks to have started around 29/7, so we're 14 days in. Or up until next Friday to complete.

Complete guess, and about as scientific as one of Cybertron's waffles. But I'm going to assume that unless we do get that RNS soon or a very large buyer who can compete, we'll continue to be stuck where we are or even drift back towards that 2.5p mark.

Yes, it matters not if here for the endgame.

Hopefully a bit easier to read without the bullet points auto spacing everything...

Heron-1 First Oil Plan

•

Heron-1 re-entered for fracking and completion

Install and commission production facilities for first oil

Oil transported to facilities in Block XIX for export and sales

Heron-2 and Heron-3

Both wells drilled and completed as production wells in 2024

Same single well production facilities, export and sales

Cost Effective Production Enhancements

New reservoir architecture data to inform choice of slanted vs. horizontal wells and/or radial drilling and/or perforation fracking re-design to uplift future well performance

Radial Drilling: can improve well recoveries by 20-30%

Horizontal wells in PetroChina Block XXI have improved well performance and additional horizontal wells are planned

5 Year Plan

Evaluate well performance of initial wells to guide further drilling - both locations and well design

5+ wells per year complete production well programme - build profile to ~3,000 – 5,000 bopd1

Decision on reservoir pressure maintenance project – water and/or CO2 injection to uplift recovery further

Targeting >30% recovery and peak production c. 9,000bopd1

Timing

Heron-1: re-perforation, stimulation and completion - July (we now know "mid august). Put on production targeting late 3Q 2024

Heron-2: drill, complete - late 3Q. Put on production 4Q 2024

Gobi Bear-1: drill - late 3Q/early 4Q dependent on rig availability

Sign two new PSCs late 2024/early 2025

Choir 50MW BESS to bankable, ready-to-build status early 2025

OT Green Hydrogen, phase 1 onstream in 2025

From the presentation:

Heron-1 First Oil Plan

•

Heron-1 re-entered for fracking and completion

•

Install and commission production facilities for first oil

•

Oil transported to facilities in Block XIX for export and sales

Heron-2 and Heron-3

•

Both wells drilled and completed as production wells in 2024

•

Same single well production facilities, export and sales

Cost Effective Production Enhancements

•

New reservoir architecture data to inform choice of slanted vs. horizontal wells and/or radial drilling and/or perforation fracking re-design to uplift future well performance

•

Radial Drilling: can improve well recoveries by 20-30%

•

Horizontal wells in PetroChina Block XXI have improved well performance and additional horizontal wells are planned

5 Year Plan

•

Evaluate well performance of initial wells to guide further drilling - both locations and well design

•

5+ wells per year complete production well programme - build profile to ~3,000 – 5,000 bopd1

•

Decision on reservoir pressure maintenance project – water and/or CO2 injection to uplift recovery further

Targeting >30% recovery and peak production c. 9,000bopd1

Timing

•

Heron-1: re-perforation, stimulation and completion - July. Put on production targeting late 3Q 2024

•

Heron-2: drill, complete - late 3Q. Put on production 4Q 2024

•

Gobi Bear-1: drill - late 3Q/early 4Q dependent on rig availability

•

Sign two new PSCs late 2024/early 2025

•

Choir 50MW BESS to bankable, ready-to-build status early 2025

•

OT Green Hydrogen, phase 1 onstream in 2025

13

Always a bit frustrating, as I'm sure a lot of PI's would've been happy to top up at a 20% discount, yet weren't afforded the opportunity.

Bid jumps from 2.6p to 2.65p after strong buying and boom, a 250k sale straight in from our seller! Strangely hypnotic to watch.

Thornogson - on the seller, that I’m just guessing is the same person/II, I’m simply observing. I agree that it’s largely irrelevant, albeit I’d prefer to get a positive RNS with the SP at 3p+ than 2p. There’s also always the slight concern that MATD is leaky, but I don’t think that’s the case here.

But while there is heavy selling, the SP will struggle to rise. As we’re seeing.

Investor - I haven’t got to presentation to hand right now, but I’m sure Heron 1 was scheduled to be fully operational end of Q3, i.e. September.

However, I do believe MB should release and RNS to confirm the first part is complete, given that he told us in the recent RNS it was expected mid August. I also think he should be telling us how the PC talks went, given that it’s one of the unknowns/variables, and is absolutely key to us generating revenue this year.

We can debate whether it’s legally required, but as LegalWolf said yesterday, why wouldn’t you want to keep your loyal shareholders informed, especially those that have just had to take part in yet another annual capital raise?!

Make that 2x 500k blocks. Not hanging around today.

Proph - You might not have to wait long! Our big seller straight in on the bell this morning with a 500k block.

Oh bore off, Cyber 😂

“1 incoming RNS any week now can change everything and double or triple price from here at least.”

Not heard that one before!!!

“Oil is flowing and being transported to PC facilities.”

That is a big assumption. And as you say, MATD are useless at comms. But I’m sure they would have RNS’d that.

Master - we’re not producing oil, though. And that’s mostly likely why we’re at 2.6p. We’ve had so many charlatans like Gigi telling us this is all guaranteed but the one fact that is most important - we are still NOT producing oil. Thornogson is right, we are seemingly closer than ever before. But still not there. I said many weeks ago, the market has had years of false promises with this company. Only once oil is flowing AND we’re generating revenue (and perhaps we know what that amounts to) might it start to rerate.

Aeschylus, you’re really pushing it, you blatant deramping, trader scumbag 🤪

Spacman, I'd argue all of those would require some form of dilution down the line...

TBH, even if they announced some wonderful deal tomorrow and the SP rerated to £1, I'd still be fuming at the terrible comms and lack of respect for PI's who have funded them.

"Doc you told everyone to expect a 6 month delay whilst any agreement went through the Great Kural. You subsequently tried to excuse yourself by staing that you said that "tongue in cheek"

Of course the comment on the Great Khural was tongue in cheek, you berk. However, bureaucracy, delays and meetings... now the Mongols love that.

"September is about the time most big RNSs land

What kind of logic is this?"

I'm guessing Cyber did what I just did, strip out the RNS dates into Excel and found what month has historically been the most popular month for an RNS:

All RNS's:

Jan: 15

Feb: 14

Mar: 9

Apr: 23

May: 8

Jun: 19

Jul: 17

Aug: 8

Sep: 17

Oct: 10

Nov: 4

Dec: 26

Top 3 most likely months are December, April and June. October ranks 8th.

Excluding Total Voting Rights and Price Monitoring Extensions:

Jan: 4

Feb: 9

Mar: 6

Apr: 7

May: 6

Jun: 12

Jul: 12

Aug: 6

Sep: 8

Oct: 6

Nov: 4

Dec: 12

Top 3 most likely months are December, June and July. October ranks 7th.

So, show Cyber some respect for his complete and utter bo11ox.