Member Info for gordon1237

Quite staggering how little has been achieved in the seven and a half months the PSC has been running. Roland's frustration was palpable.

Should say April to June.

NS. Q2 is April to May. So July is definitely a delay. Atb.

Just seen the interview. Mildly encouraging I suppose. At least they've listened on salaries.

So, after all we were told about Selan being the ideal partners with local knowledge etc, we hear that they are struggling to find a suitable rig. You couldn't make it up. The whole Interview had an undertone of disappointment in Selan’s performance.

New well now delayed again. July if we're lucky.

No more raises for the foreseeable. Let's hope that turns out to be true this time.

Must have said it a hundred times before. The wait goes on.

Agree Medway has to go. Don't agree with " Get SYN profitable and then branch out." I'd like to see a statement that Medway has been dropped for good. Otherwise there is a fear that however well Cambay does the profits will just be poured into Medway.

Also,the only warrants at 0.1p are the ones associated with the November raise at double the raise price of 0.05p. They can only be exercised when the sp reaches 0.1p again. If only !

So, cobblers all round.

Cobblers. It's the additional shares they subscribed to in the placing. It said in the placing rns that they then had 13.4%. Today's rns says that the additional shares have moved them from

13.4 to 14.5%.

To make it even more infuriating, in his interview shortly after the jv rns Roland said that they thought they could complete the work programme in a year. Now it wouldn't be the biggest surprise if it went beyond 18 months. We were told that could happen in certain circumstances. Of course we are not allowed to know what those circumstances are.

A few more months and it will be 4 years since Roland joined the company. At that time it felt like a whole new positive era for Syn. The sp was almost 10 times what it is now. Many, including myself hoped for great things under the new regime. Doubt too many feel like that now.

Kievsky. No they did not put this update out to stop the SP downward trend. This is a routine interim financial report. There was one on 14th March 2024.

If Roland's salary had been linked to the change in sp it would have gone from £150,000 to around £16,000.

In an interview in February 2024, shortly after the

JV announcement, Roland described the lack of a better sp reaction as " Startling ". At that point it was about 6 times the current price.

It's like some sort of sick joke. Every day that passes the prospect of ever getting my money back recedes further.

Also Jonbon got beat. C'est la guerre.

Well done pn getting 12/1 as it was backed down to 13/2 favourite. Nearly did it myself as it was bigged up in the Racing Post.

Did do Puturhandstogether at 8/1 plus two short priced winners. Well down on the day though. Can't complain. Always enjoy it, win or lose. Been going to Cheltenham since the seventies.

yes ****nal. particularly annoying as i had backed him at 4/1 last november when he was really under a cloud. had a much bigger bet at around evens a few weeks ago. did have a good win when he won on boxing day at kempton.

but for his illness last year and what happened yesterday we could be expecting him to be the first 4 times winner if the champion hurdle next year.

more great racing today. jonbon looks a good thing in the champion chase.

Yes NS. Blame me. Lol.

Seriously though, you couldn't make it up. You don't get many fallers in top class hurdle races and Constitution Hill has obviously never fallen being unbeaten in 11 races. Given that his only serious rival drastically unferperformed, if he'd stood up, he would have won in a canter. Did have 3 winners, one at 8/1 but for much smaller stakes.

Never mind, that's racing.

Thanks lads. Currently parked up near the course and reading the Racing Post. Hoping to see Constitution Hill win the Champion Hurdle for the second time. Very short odds on price now but I backed him months ago at a much bigger proce.

Only one horse who is a serious danger that's Brighterdaysahead. Atb.

To Cheltenham today. Here's hoping for a more profitable day than here. Lol.

" Lets all get behind Roland who is battling valiantly on behalf of shareholders.....". I assume that's intended to be ironic."

Ssccss. What's totally transparent ? All I can see is some reasonably good humoured discussion. Nothing much happening so more out of boredom than anything.