focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Would have been to get an interview or another FAQ with Roland tho.
I agree Gordon, but as you say it's often part of the game. Many of the delays have been outside SYN's control, either way it has impacted the shareholders/SP negatively of course. Important however to ensure the reasons are understood, and either you feel "comfortable" or can accept them, or not (sell up). They have however kept working through them, and the messaging is upbeat. Let's hope no further delays will be thrown at us for a while. For now, I remain positive but I am in no rush with my investment. atb
It is a bit, isnāt it. What do I know, but I suppose people expected some upwards traction by now hence sell up. Flow back can take quite a while, and itās being actively worked upon. Letās see where weāre at in coming weeks. Iāve read up a bit whilst we wait, so Iām personally fine but guess we all would like SP move up somewhat sooner rather than later.
Yes, letās end the week on that subject rather Gordon. A merry weekend to all.
Great news the production tubing will take place in only a few weeks from now. Not surprised that todayās very positive update that has pushed the SP down however. There are a lot of folks are targeting a quick return, ignoring the fundamentals (or not willing to wait for them to materialise). Everyone to their own.
Lol Gordon. Soon holiday time so no loose change laying about, not even for a cheeky wee SYN top up.
Jack, and we know what Roland mentioned which is āfull field development ā.
Useful educational video related to Rolandās updates, more specifically around āre-installation of production tubing ā.
https://oilfieldbasics.com/2018/10/18/production-casing-tubing/
I hear you Gordon. Letās hope it will come clear in next update. Must add however that Rolandās updates are significantly more to the point than what Ron Miller provided last one around. Having read through the rnsā from back then they were hard to interpret as were very long and contained a lot of technical data points etc.
Good shout Gordon, great update/feedback
Nice finish to the week - letās see what next week brings. 20 days mark is coming up. Iād say likely a further update will be issued. Have a good one.
Fully echo your sentiment Gordon - bring on next week.
I think wording used in last RNS is key, which is ācould underpin FULLā field development. If you look back at the Q&A answers from April, it says that if re-frack isnāt successful they will need to explore a āscaled-downā field development. Time will tell - onwards and upwards.
Morning, good shout for reaching out to them Gordon. Only this way they will be able to ensure similar frustration / confusion wont be repeated in the next updates.
No harm in trying;)
Elegance, no Iām not. At least not for the time being.
Elegance, Iām not particularly. I have however done a bit 9of reading research papers etc., ( the academic in me.. )to understand better what is involved in a flow back exercise, what the risks are and so on. That does however not mean I can tell what will happen in next 10 days to the flow rate. Unfortunately there is no simple answer to that. Iāll leave that to Roland to comment upon. Atb - I found the update positive, and believe nervousness of still seeing 0.5 made many nervous leading to them selling up. Everyone to their own. 10 days max hopefully until next update.
Do we know if the low-grid limitation issues are resolved?
Tsb, I for one did not see any reference to any material issues/delays, which would indicate weāre still on track for a more complete update within next 10 days or so.
Of course more work to be completed in coming days, but seems pretty upbeat based upon how I read it.
Yes, I believe (unless you are skilled enough to interpret the technical figures in the rns), then focus on the commentary, which includes I believe only positives.