Member Info for gordon1237

Whoops. Of course I meant below my average.

Fair enough DP. Never been in a position to trade since I got back in nearly 4 years ago. The spikes have always been above my average. With the benefit of hindsight I could have done well by selling at a modest loss and getting back in lower.

Don't short positions have to be declared? According to this site there aren't any.

Isn't creating shareholder value the most important part of his job? He pays lip service to it but it never happens.

Not sure what your second sentence means.

Dunno DP. Something reassuring maybe?

Also, it p*sses me off when he ignores my legitimate queries. Not a great attitude I think.

That's rwessel@synergiaenergy.com

Rwessel@synergiaenergy.com

When I topped up at 0.0445 just over a week ago, I was quite hopeful that was the bottom. Just another mistake in my long history with this share. Will we ever see my average of 0.092 again? Anyone care to email Roland and ask WTF ?

I'd do it myself but know he'd just ignore it.

Too damn right David.

You've hit the nail on the head with

" Is volume production (millions of cf per day) guaranteed? no it isn't. " That uncertainty amplified by the fact that there has previously been no commercially successful fracking in India,

plus all the delays is the reason for the dismal sp performance.

No doubt they have done as much due diligence as feasible but the fact is that until the new fracking methodology, supplied by Syn, is applied to a new well, in virgin rock, and with fluid removal with the jet pump, nobody knows just how good the flow rates will be be. Going to be squeaky bum time finding out.

I made it a bit more Sprint. About £40 k a month to Syn. Be surprising if the cash burn wasn't more

than that but we have no way of knowing that or how much cash they have left. Let's hope for the best.

Yes you could Ssccss. If you weren't already invested at much higher prices.

I know I have said this many times but I can recall people saying it was a gift when it fell below 1p, or

0.5, or 0.25. In fact I said it myself 4 years ago when it dropped into the mid 0.2's.

The jv was announced and the sp briefly hit 0.18.

Who'd have dreamt that one year on, we'd be down 75% and still waiting for some game changing news from the WP.

Hi Crusty. Sounds good in theory but from past raises it's hard to see how thr shares could have been resold at any worthwhile margin.

For example when the previous raise was announced on 5th November at 0.05p, the pre open price was 0.0675. Within minutes it was down to 0.0525 with obviously the sell price slightly lower. Little or no margin there. Of course, people alway say there has been forward selling which if not illegal, certainly should be.

Anyway, the point is that previously a low price has seemed to be no impediment to getting a raise away, although I guess there may come a point where previous supporters say, enough is enough.

We can always hope that funds last long enough to make a raise unnecessary or they manage to get a loan. Time will tell.

Span. There are currently 13 billion shares. When I first invested in 2015 there were 670 million and the sp was 2.5p. So that's a 20 fold increase in shares.

We've had this discuss before Crusty. If/when the cash runs out they will have no choice other than to get it from a raise or loan or whatever.

As for not being able to raise because of the low sp, that could have been said at many previous raises but they still did.

Amazing that less than 4 weeks before that in the StockBox interview Roland was upbeat about both the workovers and CCS. No mention of any problems.

Thanks Sprint.

Who's Richard Poulden ?

Tuppence ha'penny ? Giving your age away there Crusty. Lol