Member Info for Jasper13

See the resident trolls don’t like certain things said. All too obvious.

SS …. Happy to post it on Twitter if it’ll make you happy :-)

SS…… direct from R.

Ongoing with interested parties. Soon to be revealed.

However behind the scenes ……the due diligence continues for a rather large cash injection :-)

Might just catch a few off guard :-)

https://www.edie.net/20bn-over-20-years-uk-government-confirms-unprecedented-carbon-capture-investment/

EDITED...update. I posted the below yesterday as my own thoughts. By way as an update, we will receive JV news when the JV is concluded, nothing else in between. I sought clarification on this point this morning from Roland. So next JV RNS update will be DEAL CONCLUDED information.
Gordon ...you are correct we won't get details of any unsuccessful bidder.

Don’t be fooled, as some would like you to think, that JV news could be ages away. At anytime we could see the following;

1. Disclosure of interested parties after completing their due diligence.
2. Heads of Agreements with interested party. This may explain the JV details, value and farm in consideration.
3. Detail of well drilling programme, timings, costs.

A JV is a significant market sensitive event and as such any detail, even if early in the process, has to be disclosed. We know due diligence and technical data sharing is underway now. When it concludes the market will need to be informed.

Eagle....contrary to what you believe or say I care not a jot about todays price or even the recent drop. I invest on fundamentals, management, project opportunity, value disconnect and whether I see this as a good risk v reward. I am not a trader, bouncing in and out of stocks for the odd 10% here and there.

As for you absurd comments about performance related pay, yes I am rewarded very well in this respect as part of my normal day job; as stated before in the SaaS industry.

And just on cue ….. the boiler room boys arrive to cast FUD. So predictable.

Gordon …. Agree won’t know unsuccessful bidders, but we may get told who the potential candidates are that have been undertaking due diligence.

Don’t be fooled, as some would like you to think, that JV news could be ages away. At anytime we could see the following;

1. Disclosure of interested parties after completing their due diligence.
2. Heads of Agreements with interested party. This may explain the JV details, value and farm in consideration.
3. Detail of well drilling programme, timings, costs.

A JV is a significant market sensitive event and as such any detail, even if early in the process, has to be disclosed. We know due diligence and technical data sharing is underway now. When it concludes the market will need to be informed.

Might just catch a few out waiting on the sidelines for a cheaper entry. Let’s see.

Zag….I pity you I really do. Zero value zero content, filtered.

Sausage …. Roland.

Afternoon all,

Another piece of the jigsaw concluded today. Plus confirmation it has no bearing on the JV discussions. I asked the question the other week would the JV take 2-3 months. Straight answer ‘No a lot sooner than that’

We’ve been told in an RNS the due diligence process and technical data sharing is underway. As part of any commercial transaction this is just standard practice. It has to be done to formulate any offer.

I have every faith that we’ll hear of JV news, hopefully in March, which will add lots more context to their field development plans and strategy. Roland is doing all he can within his remit to deliver shareholder value and develop this 1TCF asset. No one likes delays, especially impatient investors. I am sure if Roland could make matters go quicker he would.

People won’t like it when other investors, not just me, speak to Roland as they immediately think there is then an agenda being played out. This is utter rubbish.

If you are a trader you have your strategy - drive the price down, buy the dips and get out for your 10-20%. Long term investors look at fundamentals, news, strategy, and the value disconnect. The value disconnect can’t be ignored here forever, if the company keeps making progress to develop the asset. Be patient or look elsewhere for the next 10-20% return.

Zag …not strange at all. Roland is very forthcoming when you reach out to him.

Dicko80…thank you for posting this detail, very much appreciated and great that the company have answered these questions so thoroughly. Their overall plan and strategy is coming together nicely. Plus a huge disconnect between current share price and enterprise value. Crazy

Still here :-)!

250k block buyer now

Looks like we have a block buyer. Could pop and be let go now.

Look at slide 18, targeting 4,000 mscfd (4mmscfd per well)

https://www.synergiaenergy.com/sites/synergia-energy-ltd/files/documents/documents-downloads/20221213%20Shareholder%20Presentation%20ASX.pdf

Cambay field is of strategic importance to India to remove their reliance on imported gas. You’ve only to look at what Cairn and Petrofac have been doing lately and it’s all pointing to extracting value from these fields. Yes the geology can be complex and needs some expertise from service providers, but we shouldn’t loose sight that we are sat on a 100% owned licence with CPR and NAV reports verified by independent 3rd parties of 1TCF of gas and a $725m NAV.

I am the first to agree AIM oil and gas plays can be a lottery and life style businesses, with constant discounted raises, billions of shares in issue and very few bring projects into actual production and hence cash generating.

SYN maybe one of the ones that proves us all wrong. The CEO is a level headed seasoned oil and gas man and yes has a huge interest in CCS projects. He’s delivered for shareholders before at his previous company and I am hoping he still can here.

I always look at the disconnect between market value today and what the asset if monetised correctly could be worth to bridge that gap. IMO we are miles apart and it only takes the inflection point of a JV to be announced and the gap should close.

SYN are at the table in India with a very important strategic field in play. Roland isn’t going to give that up lightly.

Time will tell and I don’t think we have long to wait to find out.

Very active and looking for opportunities to develop further. Wonder if they were one of the meeting partners last week?