Member Info for panman

Not sure about ramping but have been bullish here and still am just not a lot new to post.

Large potential resource, extremely low m'cap. looking for a partner. When they RNS one it'll add value as happened with CEG etc til then its patience and short term waiting to see if the gap to .18 closes.

Disappointing that their sales cycle seems longer than they imagined but pleased with the cash in the bank to carry their plans through.

Seems confirmed that Amazon are one of their customers to be. Article below states they're trialling with the world's biggest online retailer which is Amazon.

THE BUSINESS DESK.

Simon tucker, chairman of Tan Delta Systems, said: “The company has developed a focused pipeline of sales opportunities where and is now supporting multiple evaluations that range from the world’s largest online retailer who operates hundreds of thousands of gearboxes, to operators of power generators across the middle east.

“The opportunity is very significant. By their nature the decision and planning to adopt Tan Delta and integrate it into their maintenance and operating plans are significant and long-term commitments which require careful planning which takes time to come to fruition and a conversion into sale contracts that realise a customer with repeat sales for many years into the future.

“This is the reason for the build-up of the sales pipeline and the relatively slow conversion. Given the significant size of some of our opportunities, anyone of which is transformational for the business, the Board has actively guided the management team to focus on these to minimise closure times, before seeking to expand further, and we expect to start to see this happening in the near future.”

https://www.thebusinessdesk.com/yorkshire/news/2138692-new-sales-opportunities-have-potential-to-transform-technology-company

"Far away from profit" was your claim owl not "still lossmaking"

"Far away from profit"

Apologies all didn't realise the owl was just a troll..

· Group revenue of £3.4 million (H1-2023: £3.6 million) due to reduced non-masterbatch revenues

· Gross profit margin increased to 46% contributing to increased gross profit of £1.6 million (H1-2023: 42% and £1.5 million respectively)

· Operating loss reduced by 50% to £0.4 million (H1-2023: £0.8 million)

· Significant fall in operating loss in Q2-2024 to £50,000 with strengthening results in all main d2w markets

No such thing as insider dealing when you pay 6 and a half times the current share price to get in.

The "insider dealing" comment is interesting imo. The stock was just over thruppence to buy and SYM's management convinced this U.S co. to pick up £2.5M's worth at 20p a share.

They must have told them something promising to get them to part with that amount of cash at that price I'd of thought? Otherwise we're left with what as a reason for what seems a pretty huge purchase?

Maybe with them having paid so much over the odds the Nomad allowed them more info. Must be quite a lot of news "in the price" at that level .

Only other reason I can come up with is Americans are dumb which I guess works too.

Don't see it as such a wild punt myself but also not sure it will "go banana's on the first partner joining unless its a major coming in like Chevron did with CEG.

According to ENVOI their first search is for a partner to pay the $3M for the initial work programme which is the piston coring and seismic reprocessing. This takes them up to drill or drop decision and at that point they have to find a partner to fund the $30M drill.

pg 10 below explains their plans unless they've changed in the meantime?

https://envoi.co.uk/wp-content/uploads/2024/02/P267UOG(Jamaica)EnvoiSynopsisRev1.pdf

From UOG's May 2024 presentation...

"Walton-Morant’s monetization potential is directly comparable to the

development of the nearby 11 bn barrel Stabroek resource in Guyana"

https://www.uogplc.com/wp-content/uploads/2024/05/UOG-Investor-Evening-Slides-23.05.24_FINAL.pdf

About 1400M apparently. Doesn't seem a great distance geologically and Guyana's Stabroek offshore play is the one I see UOG's likened to the most often so felt safe to use it?

https://www.offshore-mag.com/field-development/news/55282646/uog-issues-reserves-development-cost-estimates-for-offshore-jamaica-license

Considering how close Guyana plays are to UOG's find it heartening to see Chevron (who seem to be on the march upwards from CEG'S Uruguay play), CNOOC and EXXON battling it out over Stabroek .

Don't mind who wins so long as the loser/s decide they still want promising fields in the area.

https://budsoffshoreenergy.com/2025/05/08/stabroek-super-major-showdown-who-ya-got-chutzpah-award-for-cnooc/

Ironic seeing the post about this being a "PXEN in the making." They're a value trap and never do a thing which is a shame as I held them on and off for an age hoping they'd come good..

Each to their own and not particularly trying to push these but think these'll find a partner and drill 2 or 3 offshore wells before PXEN get permission to drill anything in the EU.

I understand nicetomichu. You and dave want everyone to concentrate on the no. alone and forget sentiment and especially FOMO stemming from peeps wanting to know what exactly this US investment co' knows that they don't.

Wish it was just numbers that moved markets it'd be a lot easier to play.

Their product is oil based-its a by product of refining but breaks down the plastic completely with no co2 issues. Its actually better for th eenvironment than paper bags.

They've had a lot of resistance from the alternative to plastics brigade that has tried to prevent them getting their tech out for 20 years but they're beginning to win through now.

Management believe they'll be a multi billion £ co. and guess the US investment fund does too. Just got to shake off the detractors who stand to lose by SYM's success.

From last month-good heads up for how they've been treated by the EU etc.

https://www.youtube.com/watch?v=u4T6UF-1pjk

Seems a lot to have in one smallcap oiler whatever the potential resources imho but what do I know?

Last RNS was extremely regarding finding a partner..

" Multiple parties under NDA and farm-out process advancing"

"United have re-engaged with selected parties who had previously expressed interest before the farm-out process was suspended in December 2024, as well as new interest from additional groups. At present, multiple companies are under Non-Disclosure Agreements (NDAs) and actively reviewing data as part of the farm-out process. Further updates on the farm-out process and technical progress will be provided"

"UOG remains focused on securing a farmout agreement to unlock the full potential of the Walton Morant Licence, with multiple high-calibre industry players under NDA and evaluating the asset."

"With over 2.4 billion barrels independently certified prospective resources and internal estimates exceeding 7 billion barrels, this licence remains one of the most compelling, frontier exploration opportunities globally.

Strong renewed interest from multiple potential partners is clear validation of the scale and potential value of this licence. We remain focused on securing the right farm-out deal for our shareholders"

Like how bullish they are on the farm in process. Have convinced myself to hold what I have just by that copy and paste.

ATB whatever you do.

SP is still a long way off from the 20p Quantum are paying so they don't look expensive in that regard imo. Doesn't seem to be a reason to panic out so yes see how it goes today.

Be nice to see the 33p poster get his funds back in the not too distant future but presume they'd need a very positive update for that down the line too.

So high of the day is still owned by Quantum Leap Capital then? Be good to see that change tomorrow!!

Yes not the same co. Would have been great if it was.

From advfn..

https://finance.yahoo.com/news/quantum-capital-group-raises-more-123000418.html

if this is the right quantum they're enormous. Berkshire Hathaway investors too so SYM's in good co.

Predicting Trump, not sure I want to have a go at that. Could be anything from claiming China belongs to the U.S to sending peace keeping troops to the UK to protect twitter poster from Starmer.

Taken it that todays non movement is down to the RNS stating there may not be new news for a little while so traders are being patient on the buying?

Want a few more myself after the news that may not be mentioned just a case of timing. Watching the trades though all the same.

And yes realise it doesn't yet take away from the fact they're a helium play today.