Member Info for gordon1237

If there is one main seller, which I doubt, they are mostly selling at well below 0.14. In the last month we've only got close to that once on Tuesday 30th April.

There is no way og knowing who is selling. Probably multiple people fed up with waiting. Could be a big mistake. Time will tell. As for trading, that would be very difficult. How many times has it spiked, followed by a drop, everyone says it's a bargain and then it falls further. Just seems to be to be impossible to predict. Gla.

Maybe, they might actually hit some time schedules once there is a new lead operator. Gla.

Hi Jack.

1. Why does anybody need to find out when it is signed off. I am sure it will be rns'd as soon ad it happens.

2. Of course it's Cambay gas. The Tweet said " SYN Roland Wessel met with Selan’s CEO and colleagues in London this week to discuss the upcoming work program in order for an early commencement after GOI approval."

Atb.

Trout. When have I said I think I can do better than the CEO? Roland is the guy who is paid the big bucks to run the company not me.As far as I am concerned his primary function is to deliver shareholder value, something that is very much lacking over the 3 years he has been here. Are you saying that once you are invested you are not allowed to express disappointment or frustration in it's performance ? I originally invested in this company more than nine years ago, got out against all expectations 3 years ago at 0.4 for a modest profit. Reinvested a few months later in the mid 0.2's as it seemed the drop was overdone.

Now have 20 million at an average of 0.135. Still hopeful of getting out again with some sort of profit but have lowered my expectations and will probably settle for 0.2 ish. Good luck to you and all other investors.

Trout. Agreed, it could happen soon or still be weeks or months ago. As for long termers being stale, whatever that means, I think it's perfectly legitimate to complain about the company's inability to have a clue about how long anything going to take. That's been true for the whole 3 years of the new management regime.

As I and others have said, if Roland had stuck to his original 3 to 6 months for approval we would only now be starting to think it might be soon ir another few months. Personally I have always thought it next to impossible to trade this share with the often large spread and unpredictable movements. Gla.

Sausage. He may or may not be the one who does the sign off. I was just making the point that we don't know for sure. He may or may not be aware of this project. Or he could be aware but leave it to his senior officials to make sure everything is in order and sign it off. Ultimately, U guess it doesn't really matter as the bloody thing gets over the line.

It may not even be him who signs it off. Ministerial sign off could just mean being signed off by the appropriate official at the ministry.

Lol.

Carrot. It was not just popular talk. It was a statement by the company, as was " a matter if weeks ". Another gross misjudgement of a time scale.

So, it's 12 weeks tomorrow since the jv rns and still we wait.

Guess it means not long now but in that case why bother with the rns? Sp boost ?

" At this time, Synergia believes all the necessary formalities have now been processed for the GOI approval to be issued once Ministerial sign-off has occurred."

A holding rns. Unbelievable.

Conger. Sounds great. Enjoy.

Fair enough, let's hope that news and hopefully a substantial rerate comes soon. I would be happy with 0.2. Personally I think I have been extraordinary patient already. Nine years and counting.

Callum. Surely there comes a point where you would hope for a return on your investment instead of endlessly topping up ? It's about time Roland delivered some shareholder value. The sp when he joined the company was 0.23 so he has a long way to go.

I actually have a lot of sympathy for Briana as she can only say what is authorised by Roland and I get the impression she is a little frustrated. It is 2 weeks tomorrow that she said very soon.

It's not as if it's a one off. It's been consistently for the three years of his tenure. Also not only things in the control of the GOI. Securing a jv was supposed to take 3 months. It took 16 months.

Of course he should give an estimated time line. The concern is that he seems to consistently seems incapable of being anywhere near correct.

If he had stuck to his original estimate of 3 to 6 months we would only now be saying that it might be as soon as the next few weeks. The very fact that he changed that to a matter of weeks raised people's expectations.

Ssccss. I would think reinstating the plug might be one of the three planned workovers.