Who knows sausage ? If that rns drops at 7.0 am as expected, all bets are off.
Wolf spouting his usual twaddle. I never said anything about anything going wrong. All the profit figures I gave are the company's own not mine . I am hugely positive that those are sufficient for a good rerate. Cant wait for Monday.
Gla.
Yes Espen, we don't know what ambitious means.
The production numbers in the presentation indicate maybe 2 wells in the first year. If ambitious means more than that, they would get the gas out quicker and that would increase profits. As you say, we need to know the details
Elegance. When Syn took over gspc's share of Cambay they also as part of the deal acquired their share of the total loss pool which stood at $125 million. That number was in effect why gspc wanted out. It will, of course, have gone up a bit since then.
I'm expecting maybe a miilion or two. Would be fantastic if it was say 5 million.
Should have added that the calculated profits include the condensate value which is considerable.
BTW. Syn are currently receiving a gas price of around $8.57 per MCF (thousand cubic feet ) That is the low pressure price. When the production goes above a certain level, from memory about 10 mmscfd, they can connect to the high pressure system where they would currently get $15 per MCF. This is the number they use in the profit calculations.
The profit calculations are based on the wells achieving 4 mmscfd. The also give an upside case for 6 mmscfd. This could mean they need fewer wells and increase profits further.
Infinity. Contingent resources are by definition those that could in theory be recovered but not considered to be commercially recoverable. The recoverable gas is the 206 bcf you mentioned which is still huge.
The potential profits are indicated in last year's presentation. The profit for a 10 well model is given as around 58 million usd. They say 30+ wells will needed to recover all the 206 bcf. So we are looking at maybe 200 million usd in total. Should be more than enough for a big rerate here.
Can't wait for Monday. Surely can't be much longer. Gla.
If you are going to tell porkies you should make it credible. If he'd taken a zero off wr might have believed him.
I would imagine it's already written and they are just waiting for signatures. Gla.
Lol.
Sharealot. That's true. Nevertheless, what he said earlier about it dropping was accurate. Atb.
Cynder. It did drop Wednesday and Thursday mornings and then recovered later. It has dropped this morning and hopefully will recover later. Can't see the point of your attack on Dealer.
Gla.
If we'll get another Tweet saying it's imminent again ? Which everyone would of course take with a wheelbarrow full of salt.
They are getting a lump sum, but that is not until after GOI approval which Roland has said will be 3 to 6 months. From past experience it's more likely to be be closer to the latter. In which case cash burn might mean they will need to raise.Hard to say what the burn is at the moment but you wouldn't think it would be just yet. In theory the warrants from the last raise, exercisable at 0.14 would raise nearly £2 million but they have 3 years in which they can exercise so may not be in any hurry.
Anyone got a feeling of deja vu? All the same things were being said a week ago.
So that's early February out the window then. Lol.
Fair enough but that's the way this site and others do it . In effect its virtually unchanged on the day which is excellent. Yes, hope we finally get the rns tomorrow.
Depends on how you look at. The closing price, at least as shown on here and similar sites, is halfway between the closing bid and ask price.
Thr last buy( as on here )was 0.1655, the last sell 0.162. It really doesn't matter whether whether it's up 5% or down 5%, it's still a good result. Atb.
Not a bad result, only down 3%. Lets hope we all get what we've been waiting so long for tomorrow. Gla.
So obviously the same person. All that U nonsense.