Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
If only... I am a bit surprised we have not had the RNS by now, my money was on a 2pm today... Sits and waits by the keyboard... C'mon, who ever the Partner is... Pen to paper please, either your gonna sign or not.
Credit to share talk, watch the video, look at the reserves, it’s a BUY.
https://x.com/share_talk/status/1755146093094940737?s=46
Many long term holders will have bought in the pennys, some under a penny, I bought in tranches from .3 right down to the ,8s, my point being that many LTH will want to see a return on their investment waiting so long and so those thinking the MM's are getting the shares sub .3 are mental, why? because the company is worth far more fore a start.
140 million to offset against profits in tax
Proven mechanism of getting oil, gas and condensate out of the well
Director with a proven track record of getting immense share holder value
Reserves under existing licences
Potential cash coming from a blue chip via the JV for exploration and production costs, some mentioned 10 million but id be over the moon at a couple of million
Wells being drilled in the first 12 months at no cost to Synergia, potentially worth 20 - 40 million plus, add that to the Mcap and see where you are already without the reserves, cash, let alone the potential value in carbon capture storage contracts that SYN have secure with the UK and now hopefully with India.
Once we have 30 wells on line all producing, 1.54p - Panmure Gordons rating for Synergia will look cheap as chips.
Im holding, not sold one share, trading this on such an upward climb to an RNS which details "An ambitious field development program by a blue chip major energy supplier" would be far too risky, i'd rather been in and enjoying the ride.
More than happy to be kept waiting whilst more PI's get the chance to invest, will it be an 8am, 2pm RNS or perhaps tomorrow? Fill your boots.
! billion shares traded today perhaps? Top of the chat board, cmon Roland ...
What a caping tawt SV is? What on earth is he/shebie on about? Hardly a pump and dump when the rise was sustained and hardly a pump when we have yet to come close to previous highs.. and now finally with an RNS of fantastic news. Belter...
Images of florescent coloured hair, piercings and wotsit flavours finger tips spring to mind.
Topuf I am not so sure, those that bought in today would be foolish to sell tomorrow if an RNS arrive Thursday? Those that didnt get the chance to buy in today might also buy in tomorrow on the hopes of the RNS on Thursday? I might be wrong but theres two option above that give a positive to stay or buy in/more. I see no reason to sell with the RNS looming?
Zag... Wwal17 is right ... your credibility is eroded when you spout drivel like "I am afraid that this shares going down to .12" only to state you bought in the next couple of hours at the highest price ever.
Perhaps trade a little less on the day and hold like the rest of us LTH that are enjoying the ride, you know this share is worth way more than its current value, Im genuinely surprised you'd attempt to trade it for what is likely such small margins on such a huge wave of positivity awaiting what is likely the best RNS that SYN have delivered in close to a decade.
Sit tight...
Gordon, I am happy to wait another day or two, many said that Synergia would see red today if an RNS didn't appear and with one confident tweet we are 60% up, top of the leader board with nearly 1 billion shares traded, news has spread far and wide that a JV is on the cards, ill be quite happy with the same tomorrow boosting us to .21, im of the same opinion of Conger, I cannot see this not reaching .5 plus, could go way higher with the right news.
Synergy mentioned in the tweet last year that several blue chip companies were interested in a JV with them, that's not to say that other companies were not interested too. Assuming this is a blue chip, is it a major? Cairn Oil as mentioned by Sausage are already working in the area, but so are several others. It will be great to see the RNs this week regarding the signing of the JV but detail is key, we may or may not get the full field development program within that RNS's but that is the RNS that is likely to give the biggest lift, just how many wells?
Best estimates from start to finish to drill a well through to production include pump?
Gordon, it’s going way over .2, we had that a few months ago with no news and being potentially dead in the water. I’m going to guess at 0.5 on RNS based on two Wells and above, depending on if there’s any cash to go to #SYN i’m on tiptoes waiting to find out what an ambitious field development plan might look like.
The factor of the matter is none of us know who is waiting in the wings to invest here, I’m not just talking private investors, but institutional investors as well.
Espen, Viking
I hope you don’t mind me singling you out, but I know that you are within the trade and a major shareholder here without going into specifics. I would greatly appreciate your thoughts on what you think the share price might achieve over the following weeks.
If you decide to decline, we will be taking Gordon‘s right testicle as well.
There is no reason for that last tweet from Synergia Energy other than to signify that the JV is close to being signed by both parties, I would bet Gordon’s left testicle that we have both signatures by tomorrow close of play.
If other recent shares are anything to go by, once news gets out it won’t just be up for a day. Others have seen a share price of 0.2p go to 1.5p and then to nearly 3p over the successive day. If Mews is as good as what we’re hoping, this isn’t just a 24 hour and then stagnation, hoping this is not just a rewrite, but for a repeated climb over the successive weeks until we get to hear when the first well will be drilled