Member Info for JPP8788

Panmure suggest a £14m mcap at end of CY24

£25m mcap at end of CY25

£79m mcap at end of CY26

Target SP of 0.90

People very quick to jump on RW and bemoan his lack of PR.

However, that said... I think we're currently just in an unfortunate storm - middle east uncertainly (which ultimately may help SYN in the long run), October budget looming, AIM market weakness, and the threat of a fundraise in the coming months.

We need the workovers to give us enough material income to keep the lights on 2mmscfd plus some condensate will do that no problem!

The new wells in 2025 are likely to be the key to unlocking the true value here. If we truly can get to an initial target of 8mmscfd then an mcap of £8m will be long gone - as always.. remember than most O&G juniors operate on a PE ratio of around 8-10x.

The message is always the same here, isnt it... "Keep the faith".

I suspect the lack of PR may partially be due to the costs involved - I'd rather lay low and get the revenue from the workovers and THEN look to boost and improve PR ... Ultimately at this stage we don't have the FCF to justify spending currently.

Good luck🤞

Target of a minimum of 8mmscfd by year end 2025

That's roughly $13m profit to Synergia yearly at those sort of production levels.

Interesting that 8mmscfd equates to 2.9bcf a year - not enough to unlock the lowest rung on the bonus ladder. I wonder if the 8mmscfd is a very conservative target.

Nothing particularly revealing on those results..

They also don't take into account the payment received from Selan of $2.5m

October tomorrow. Onwards and upwards.

“However, taking into account the performance impact of our North American business, Group adjusted operating profit for FY 2024 is now expected to be in the range £37 million to £42 million"

Mcap £163m?

Waaaaaay overdone

Mcap now £250k

Really is a risk vs reward scenario now.

We've seen this before with the likes of AMGO.

Worth a punt.

101m CAD = £56.3m

53% of £56.3m is £29.8m

£29.8 into mcap of £76.9m is 38.75%

Not hard

This will likely pump to 1.20 on this RNS (not that it's particularly good)

But then don't be holding the baby by buying at the highs - there's potentially a news barren period coming up for HE1 now and we know what the markets think of that.

No it's under 40%

Not quite 50%

It's not £42m.. try your maths again

Great spot - witan out, TR1 to follow.

If the BOD have anything AT ALL up their sleeve, this could get interesting.

Another top up from me this afternoon.

0.88

Hopefully that will look a shrewd decision by Q1 next year.

That's a sell from Friday morning

This could absolutely fly.

Looks like sellers exhausted and tiny volume is making this absolutely motor.

Remember also that we had two big TR1s on Friday evening, one 30 mins before close and one after close.

Selling pressure reduced for sure.

Let's see what today brings.

£250k mcap on main market - been here before.

Any sniff of positive news would see this do 6-8x

As always, only risk what you can afford to lose - the risk is clear here.

GL

Well the market opened this at around 1p off the back of the news on Monday. The mass sell off that ensued that dropped it to a circa 25p close this afternoon.

To me that means that there is a chance of 4x returns should there be a sniff of positive news.

Of course this is priced to go bust within the next 3 weeks or so - and maybe it will. But maybe... Just maybe... It won't.

"In addition to undertaking a sale process for the Group's corporate stores as a part of the Acquisition, the Board is working with advisers to evaluate other potential options to secure value for the Group should the Acquisition ultimately not complete (the "Strategic Review")."

That was from the update in August - it's now a binary play...

Worth a few quid as Risk vs Reward could be okay from these levels.

Once Harwood are out, this could motor.

Guys, be careful

This isn't a £35k mcap

They've just diluted 1100%

It's not around a 750k mcap based on a SP of 0.060