RE: Interesting2 Dec 2024 07:44
I suspect the 'market' will react negatively given the company hasn't got a clue what's going on. PR and Comms here are absolute rubbish. 75% financial contribution now needed to progress CCS project? How long before we start talking about the next raise or do the BoD just throw in the towel and call it a day....
5 Nov 24 RNS: 'The Company's Medway Hub Camelot CCS project, (the "CCS Project"), a 50:50 joint venture with Harbour Energy, is being progressed through the NSTA-prescribed work program and solid progress is being achieved on the next (site characterisation and assessment) phases. As previously announced, Synergia are seeking to farm out up to 25% of the CCS Project'
28 Nov 24 RNS: 'Harbour Energy informed Synergia on 28 November 2024 that it intends to withdraw from the Camelot joint operating agreement and the associated carbon storage licence CS019'