RE: Prime Minister Modi knows.....7 Feb 2024 10:00
Tallpaul. India's national oil and gas company actually gave up on fracking some years ago after spending billions trying to get it right in their very different geology. Syn's success may force a rethink.
Conger. That the previous placing I was referring to. Thought you were talking about something new. The warrants attached to that are exercisable ay 0.14 snd would raise a further £1.9 million.
Conger. What ? When ? They are looking for authorisation for up to 2.75 billion shares at the general meeting. My point was, if the options are exercised they may not need that.
They may not need a further placing if the options attached to the last one are exercised at 0.14. The convertible loan is also likely to be converted to shares at 0.08.
Thanks Goldeni. At the time I wasn't sure whether it was a good move or bonkers. Had an average of 0.188. December and January doubled my holding at 0.081 giving an overall average of 0.134.