Member Info for gordon1237

Agreed Sausage. Could still turn out to be Wintershall who gets it. Wonder how much it will raise ?

You'd think Wintershall were the obvious ones to take another 25%, but that being the case you wouldn't think they would bother with this process.

Oops. Wasn't expecting that. Lol.

Farm out of 50 % of Syn's CCS interest.

Expecting that. Should raise a bit of dosh. GLA.

Given that the drilling programme for the whole year has been agreed, there is no reason they can't reveal the complete schedule.

Lol.

We also need to bear in mind that of course Selan will be paying only a fraction of what they think is the true value. Otherwise, it wouldn't be worth their while.

Sausage. I have no idea, other than everything taking an eternity, whether there's an election or not. Syn themselves seem to have no clue as to how long anything will take or the reason for delay. Also dont forget when we were waiting for the transfer of gspc's 55% we were told they were hoping for " a favourable time frame" and it took 10 months. There was no election then.

Quite frankly, I neither know or care the reason for the delay, only that the company was totally wrong on the time scale yet again.

Personally, I still think the elections are utterly irrelevant with regard to approval. Assuming it is the minister who has to sign it off, and he is on the campaign trail, I find it hard to believe that all routine business will just stop if he is away. He will no doubt be briefed every evening by his civil servants and given any documents that need signing. Even if it's every few days it won't make much difference to the overall delay. None of which makes any material difference. It happens when it happens. Still bloody annoying though. Gla.

DV. There shouldn't be much in the way of taxes, for a while at least, as there is a $125 million loss pool on the Cambay Project to be set against future profits.

Any time from now, to the end of eternity for me.

SOL. ( Sigh out loud ).

Fair enough. None of this matters a monkeys.

What does matter is this ludicrous misjudgement of a time scale. Just another example of the management not having a Scooby how long anything will take. Hope they are suitably embarrassed.

Still that's what happens when some people confuse the issue by saying eg 12p when they mean 0.12p. Lol.

Ah, just realised it was 18p worth of shares.

I can see no trades at anywhere near 0.18.

????????

Why do you think he's going to India ?

Can't see the point Sausage. Would just get the dame reply of very soon that I got 5 weeks ago.

Hi Jack. Interesting post. It is a year next month since Panmure Gordon were brought on board to attract institutional investors. I think we would all agree that is something they have totally failed in.

Perhaps Syn should ask for their money back.

As for their target of 1.51, now revised to 0.93, presumably you are not still expecting anywhere near that, this year? I still expect a decent boost on GOI approval but would now be reasonably happy to get out with close to 0.2.

I doubt there is any plan to boost the sp other than hoping that news flow of approval, drilling, production etc does the trick. Atb.

Bloody hell Conger. This is what you said on your last post on this board on 2nd May

" I feel all your pain guys... I don't think I will ever invest in India again it just too hard to get things done in a timely manner."

Glutton for punishment or what ?

Lol.