Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You'd hope so Bob. Personally, I'm a bit baffled as to how 3 wells (plus 3 workovers ) in 18 months, constitutes an ambitious drilling program.
Perhaps someone could give Roland lessons in how to look enthusiastic ?
Hard to disagree too much Steven. This time, I had really convinced myself that this was it. Looks like the wait goes on.
FFS. Down again. Anyone else wish they had got out at circa 0.18 ?
Sausage. I would think C77h must be one of the welld scheduled for a workover. You'd assume they will be reinstating the plug to isolate thr old zones. In the absence of an rns in the meantime I doubt he will mention raising , one way or the other.
Up 12 %
Yet again this hopeless site isn't showing the rns.
Https://www.londonstockexchange.com/news-article/SYN/results-of-general-meeting/16335561
Hope so DV.
Muck. That odd those shares were placed in December.
Muck. It didn't. This is for ratification of the warrants attached to that issue and also for a further issue if required.
Carrot. Has a Sharetalk interview been scheduled ?
This get any more depressing ? C'mon Roland how about a bleed*n interview ?
Wwal. What's this interview ?
It feels like it's all some dastardly plot to keep me glued to a screen until I drop off my perch. Lol.
Now. Driving myself nuts continually looking. Going to keep away for a couple of hours.
Good find Conger.
" Company will carry Synergia Energy Ltd. for up to US $10 million for Synergia’s share of
capital spends in the Cambay PSC, through an agreed work programme (“WP”) comprising of
3 new wells including 1 horizontal well and workovers in 3 exiting wells ".
Hopefully that settles the matter. However, as I and others have said the true value is much much greater than thr jv.
Expect to find myself in this position. Thought I'd br deciding whether to get out in the mid 0.2's at least. Could even now get out at break even but it goes against the grain.
It's irrelevant whether it's 10 or 20 million. As I said in my earlier posts the true value is much much higher.
Appreciate that may be very long winded so I will summarise.
I believe that it doesnt really matter how you interpret what Selan are paying as a free carry. That will never reflect the true value of Syn's 50%.
We can get a much better idea of the value from last years presentation.
If everything goes to plan Syn's share of the profits over the life of the contract could be around £100 million.
Even with a pessimistic view of a future number of shares of say 15 billion that could give an sp of at least 0.65p.
So even if that is optimistic and it takes years to get there, surely the price must increase from here ?
Gla.