Member Info for gordon1237

Yes I got the same response. Seems outrageous if there's going to be a further delay

Yes. I was told about that as well. Can't believe they haven't rns'd or at least Tweeted it.

Yes sausage. I posted previously that I had been told on 29th July that the work programme needs to be submitted to the DGH. Quite how long that will take is anybodys guess.

Just think. Two weeks ago, for about 5 minutes I could have got out at 0.16p.

Just thinking about a slightly less innocent wee glass of Glenfiddich 15 yo.

That was another wonderful week in the never ending saga of Syn. Not.

Ssccss . I dont, but I do have Lloyd's shares in a Barclays Shareholder account.

Pretty sure if the warrants had been exercised it would have to be rns'd.

Yes Trout they may well do, that's why I said

"could". Potential farmers may want to wait and see.

Yes Pete and I guess the uncertainty could also make it harder for Syn to farm out the 25%.

Let's hope for an uptick today.

Yeah. What a surprise!

There is no possibility of a raising for a good few months. Apart from it being unnecessary it would be a total humiliation for Roland after saying there wouldn't be one this year.

Yeah a 1 code works every time. Except for all the times it doesn't. Lol.

Fair enough Pete.

Pete. Why would Wintershall have become a 50% partner in the first place ig they didn't want to support the project? Agree that going forward CCS could consume a fair bit of cash.

$2.5 million is £1.95 million. Minus £800,000 in loans leaves £1.15 million. Probably still a bit of the second loan left. Five months og the year left which means the cash burn would have to be over 200k per month to run out by year end. With the transfer of staff to Selan you'd think that would be the case for routine cash burn. There will be other costs like Roland's trips to India, CCS etc. Overall I would think we are ok for the medium term.

I would have thought that with the reduced cash burn due to staff moving to Selan, what's left of the 2.5 million usd after repaying the loans, ought to last until the end of the year.

That reminds me. About time I cut my hedge. Lol.

Hedge. Everyday is a lovely day. Especially when you wake up and the sun is shining.

You'd have thought at least a modest rise was warrantef today but hey this is Syn. Looks like we will have to wait until the end of the year ish for hopefully good flow rates from the first well for a good rise. Gla.