Member Info for Doc83

Autocorrect… should read:

Which broker do you use, Hamm?

Hamm - care to tell us yet which broke me you use? It’s clearly useless so would be good of you to let us all know so we don’t think of using them in the future.

I’m pretty sure it was an AI bot gone wrong.

That about sums it up and fits broadly with my own thinking. If you think we’ll pass the P2 trials, now is the time to buy in/top up.

We have funds until at least Sept 24. They look 12 months ahead. It was not that funds will run out at this point. This has been raised an answered many times. It's MrCosts trolling again.

"only reason we are down at 7"

"WE". The poor sausage was and still is in SNG. Clearly mentally scarred by February 2022, this BB is his therapy.

Oh bore off, Ojay.

Why the delayed return, WOS?

Even though he's been gone for a month, I still don't have the energy to deal with WOS and his relentless nonsense.

And it's a sad indictment of this board that people are welcoming him back like some returning hero.

Our own holiday is over :(

WOS, who predicted this would have all been resolved by the time he got back from holiday. He even extended his stay, but to no avail.

Fruits, in profs case this is a person who has nothing good to say about the company but spends all day here! Apparently for trading...

Mani - yes, possibly. Although how much the new CFO is being paid and how many hours, we've no idea.

My point is more that I don't think it's fishy JW leaving and that it certainly isn't the cause of any SP movements.

Let's just hope this all works out. We are overdue some good times.

Yes, nothing sinister going on here. He's not a young guy and has probably just decided he'll start winding down.

It's a long slog for SNG from here but I do see more potential for upside than downside. I'm hopeful that once the P2 trials are up and running we might see a little rerate. And then very hopeful we'll pass them with flying colours and see a BP JV or take it on, and us long suffering shareholders might actually have some good news to celebrate.

Brand - I thought the opposite. The look on his face (all IMO of course) was that he didn't know... it was almost panic and him desperately looking to his left for help from his colleagues. Although I find it hard to believe he didn't know. Either way, it was all very odd. These were 2022 numbers and I can't see why shareholders (the company owners!) couldn't be told this basic information.

Regardless, I don't think him leaving is detrimental for SNG. And is certainly not the cause of a drop in SP as Mani suggests. For starters, the SP has been around this level for months.

Hi Fruits, yes it was shared in the immediate aftermath of the AGM, as part of the full set of AGM notes.

After praising John Ward in 2022 as the only person from Synairgen who took the time to come over and introduce himself at the AGM, I was distinctly unimpressed with him this year. To recap:

QUESTION: With regards to Cash Burn, how confident are you that we won’t get to Zero. Accounts showed a £17M drop during 2022 which was arguably a quiet year (no trials etc). So with only £19M in the bank and multiple further trials being planned, you can see why this would be a worry to shareholders.

JW: Lots of that £17M was due to SPRINTER costs.

RESPONSE Doc83: How much of it? SPRINTER was nearly at an end in 2021.

JW: I don’t know the figure off hand.

RESPONSE FROM A FURTHER LTH: I’m an ex-Finance Director and I find it astonishing that you don’t know the figures.

JW: Well, I do know, I just can’t say. (We found this conversation incredible and it did not reflect on JW well).

He just seemed incredibly flustered and I don't think he did know the numbers. In summary, while perhaps a decent guy, I do not think we will miss him from a business point of view.

Geo61 AKA iamrich!

I just don't see MATD going bust. Not for the foreseeable future at least. They'll get raise away again, 100%, because the likes of Petrovis seem happy to keep it going. Likely a raise some point in Q1 2024 if Heron is still not online.

I can see it dropping in November. 3 of the last 5yrs MATD has fallen in November with one flat year and just one positive in 2020 where it was up a smidge.

You’re right about December, though. 4 of the 5 positive with just one flat year.

MB usually fires out a positive sounding operational update early December which seems to do the trick, until he follows it up with more delays and raises a few months later!!

Ojay, the SP is already pretty detrimental!