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I expressed my opinion last week that the majority of placing shares will have been shifted by now, I still think this is the case. With news coming in soon this should start to climb. I don't think this is going to jump to quickly but certainly a steady raise leading up to Xmas, would like to see 0.07 by then with a decent RNS.

Unusual that my post appears to have been deleted showing 1.7 billion shares had been bought/sold - mainly sold since around the 30th of October?

Crusty Pete, of course we can disagree... But, if you look back a week before the RNS which is likely when the deal was done as it was then that volume significantly went up, in fact id suggest even earlier than that but lets just say around a weeks worth of trading prior you can see that we have already done nearly 1.7 billion worth of shares.

On one day alone half a billion.. no one was really buying that amount so id say we are likely three quarters of the way through and will be finished with the churn at some point this week.

11/11/2024 = 180,000,000

08/11/2024 = 503,000,000

07/11/2024 = 38,000,000

06/11/2024 = 81,000,000

05/11/2024 = 451,000,000

04/11/2024 = 5,000,000

01/11/2024 = 14,000,000

31/10/2004 = 16,000,000

30/10/2024 = 349,000,000

29/10/2024 = 38,000,000

1,675,000,000

CP, I suspect that most of those 2 billion shares have been offloaded already, forward sold.

On L2 it doesn't look like it will need much to get to 0.06

That's it... Not buying anymore, three tranches this morning.. last one just now @0.0525 for 5,706,685 shares, might show as a sell but its a buy.

Synergia is very pleased to advise that Selan have had a tidy up around the well sites and cleared all the brush… wtf?

Pressures gauges in so is that 20 days testing, this is what is annoying with Roland, we do not get to know how long each phase will take approximately.

We could’ve done with a little bit more information on how long this phase will take testing and what the next phase will be

Only thing I do find infuriating about all this is the fact that not only do Nova and the II's get the shares at 0.05p, they also had the chance to forward sell a large chunk of these at around 0.07p so they are quids in on purchase price, forward sold price, free shares and a nice invoice for fee's.. Lets hope this is the last placing and the funds come in of the oil & gas.

No worries ;)

Gordon likes his decimals, he's caught me out more than once.

GW, that's not correct, Roland said "unlikely to need cash" but we were in the hands of the GOI and if that's taken time then clearly cash was needed to bridge the gap to Q2.

Ssccsss I think your decimal might be out but agree, buying at one third of ones average might be a good idea if funds are available, but each person must make their own assessment.

Zag.. There will always be a point at which you leverage down until your end game at which point you will sell, I have my eyes on my end game which is getting closer with every RNS.

GW... at this level having bought in I think we both know you'll be fine.

Very nice 19 million buy there at .0524... Come on Zag, Aiming, Goldwish and Cynder with your 2 posts on SYN.. Which one of you just bought in?

Here comes Aiming along with the rest of them :)

Definitely a golden opportunity to buy...

No Zag.. you have been moaning for 5 years.. Many thought this company was going to be bankrupt a long time ago and its proven them all wrong so far.

Wasn't aware that I asked a question? Merely stated my opinion.

Sccsss, I would like to think that if Roland states that this money is to bridge the gap until venue comes in in Q2 that we should be somewhere close to that?

At 0.05 that's the lowest in 5 years with the first of 6 wells being worked on, not long now until news comes in and hopefully revenue early next year.

Selan wouldn't be throwing 20 million dollars at this if they didn't think there was an opportunity, that's good enough for me. Topped up.

Thank you very much...

I’m surprised that no one is questioning the 326 million worth of buys yesterday? Especially as it didn’t move the share price yet a few million manages to drag it ever lower, pure manipulation.

It does make the question though who has just invested such a large amount?

Unless it’s the cost difference between RNS,d options price vs price paid?