It's a screaming buy. Worth 3m and Selan are paying 14m for cambay. I think Roland has a trick up his sleeve. All will be revealed just before the AGM/ vote approval. IMO SYN will tell us the story but not before the plan is sorted. Hopefully they have learnt from the past. I doubled my holdings today. Hopefully Republic hold and don't sell before the AGM/meeting
Not a bad RNS. I am sure all will be revealed just before the AGM. Hopefully some revenue before GOI approval. Wonder what other news will come before the AGM. May add some more shares before then. I am definitely going to the AGM
Selan will not drag it out. They know they have secured a fantastic deal and will want it sorted ASAP. Hopefully revenue from drilling may come in before deal done but won't be much. Just git a feeling something good may happen. Hopefully SP will reach 0.06. So buying now is a good risk.
Against my better judgement I have just bought back in. Only 3k worth but feel we are at rock bottom. Got a feeling Roland gas a card up his sleeve. Let's see what the next three weeks brings
RE: Last full week of July, next week21 Jul 2025 15:54
Unfortunately I have decided to sell and take a loss even though I have been averaging down. Hopefully offset it with my other shares. Republic selling is not good. Seems there relizing to get what they can. So dissatisfied that Roland did not do an interview to explain why they have sold out
I am sure Roland has his reasons (not sticking up for him though). Let's see what the plan is. IMO Republic said no more money and infact they have been selling and not buying more hence the SP has been falling. So nice though not having the board being filled with goldfish crap
It's the most obvious explanation. So let's just get on with what is happening. Seems there are three choices. Sell up and take a loss, hold and add more to get your average down (that's what I did) or just hold and see what the new plan is. Until then let's try and be positive. Dealing in India ans such countries is a nightmare IMO. Seems Republic are holding and not selling which is a positive. Cambay is a big shame and a fantastic opportunity missed. Hopefully one day SYN will tell us what went wrong
Of course they have. We do still have a vote to say yes or no. The worry is securing money while they drill. That's where SYN should have put time penalties. Selan will certainly get GOI approval quickly no doubt (few brown envelopes TIC)
Wakey wakey, 2x RNS released including a correction one. That will shut a few up. At least he owned up officially. We have a rig but monsoon has delayed to July. Not sure we will get much revenue and bonus before GOI approvel
But I must admit than someone's got to go. Either Roland the advisor who checked the RNS or the accountant who told him the math's of 6x not 4x. Also an RNS not an X post should have used to clarify this mistake.