Member Info for JPP88

Https://www.linkedin.com/in/frances-koh-9655aa219?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

Frances Koh is actually a bloke. And yes he's Singaporean but has lived or lives in Australia... As per his own linkedin.

Google his name alongside "joint venture" and "India". Huge amounts of experience in Asia in this kind of transaction.

So Frances Koh appears to be an Australian lady with significant experience and exposure to a potential JV type scenario:

"Working relentlessly to uncover and unlock opportunities with the goal of delivering superior results to our clients and global partners."

"have been handling the development and operation of providing our discerning clients with innovative solutions on their offshore fund matters compiling with regulatory requirements."

"I build successful alliances in formation of consortiums to carry out strategic directions in meeting all parties’ objectives for mega projects especially in the energy sectors."

BINGO

Just done some research into that newly incorporated company... And I'm pleased to say that it appears to be wholly related to the JV.

I will post my research around 8.30pm tonight once I'm home to reveal all.

The JV is happening.

The price is only "dropping" as day trader have both bored and are now selling at a loss.

I guarantee this will be back to .18/19/20 by close of play wednesday as people wait for the JV news

Happy to top up if I can buy under .15

How to filter someone when you're on a phone? Can't see any option

That the JV cannot be completed until the Farminee is happy that SYN have enough headroom over the coming 12 months to allot/place shares if necessary.

For me that is the most straightforward conclusion, and ties in with the addendum being added to the AGM during the time Roland was negotiating in India.

It may be that the resolution being passed is a forgone conclusion, and Roland hoped that would be good enough for the Farminee, but clearly the Indian JV partner wants it written in stone and was likely part of their due diligence.

Hold til Thursday and you may well likely see a JV announcement immediately after the AGM or more likely Friday.

Buya and hold til Friday and I suspect you'll be a little bit more wealthy.

That £10k "buy" of yours Ikhan is actually a delayed sell you absolute whopper.

This 1,000,000% coincides with the AGM and the authority to allot 2.75b shares. Absolutely certain that is the final piece of the jigsaw and is likely a condition from the Farminee that they want Synergia to have enough headroom in future for whatever plans they have. Once this is done, expect an RNS same day or day after (Thursday or Friday)

Anyone selling now wants their head checking. If you're gonna sell, fair enough, but at least do it at the back end of the week when the SP will be far north of here.

Possible the farminee wants the extra shares as part of the farm out

Onwards and upwards. .25 by the end of the week. JV confirmed next Monday my bet.

"The Farminee has been granted exclusivity for 90 days during which Synergia and the Farminee are to finalise the Farm-in / Farm-out agreement and Joint Operating Agreement prior to requesting Government of India ("GoI") approval for the transfer of a 50% working interest to the Farminee."

Clearly these things take time. Synergia allowed a 90 days exclusivity period which clearly wasn't by accident. We are 55 days into that period now, so sometimes you just have to be patient.

We have the JV announcement and the GOI approval yet to come, and there's plenty of time to get it over the line yet.

I would also love an RNS tomorrow morning, but I wouldn't panic if it drags into next week.

Everyone taking positions....

Fully expecting a Monday morning RNS

Probably worth new investors having a look at pages 10-16 on the link below. Have a good look at predicted CAPEX and profit that Cambray will generate. This will be absolutely huge.

https://www.synergiaenergy.com/sites/synergia-energy-ltd/files/Investor%20presentation%20Nov%202023%20.pdf

You could argue that 0.18/0.19 was a bit frothy off the back of FOMO off the twitter post.

But .15 is certainly more than fair value now.

Risk Vs reward looks pretty decent from this level... Topped up some more.

Bought a few million more on that mini little dip down to .155

Nice recovery towards the end, FOMO kicking in.