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Https://twitter.com/Share_Talk/status/1788534692381110300
Nice chat, funding sorting, aggressively looking to grow
Dan,
But it is the type of news flow that is key.
If the Board are simply going to tweet, go on Stock Box, create their own Creswick video that pans across gold samples and shows someone rolling an unidentified item (presumably gold) in their fingers all in a monochrome video - showing gold in a monochrome video is never good, do ShareTalk interviews, do Zak Mir interviews but all they are telling the market is the same rehashed announcements that they are again drilling, trenching for samples to go to the lab. Or they tell the market that in those bags of samples there was a bit more gold, then the market is simply going to see this as jam tomorrow. Look what happened to the share price after Tuesdays RNS. The market wasn't fazed by "Significant increase in gold grades at Creswick" because it's just jam tomorrow.
In terms of the gold they now need a measured, indicated, and inferred statement from an independent person. I'm sure someone will post that you can't get the second before the first but clearly the market didn't buy in to the RNS on Tuesday this week. Simply talking about samples, talking about waiting for the laboratory, then talking about a few more results appears, in my opinion, to be losing faith with the market.
In terms of the other news flow items, the same principle applies.
Personally, I'd rather they kept away from the scattergun media contact and just spoke about each development as it happens.
Just my own personal opinions, everyone is entitled to their own view on events.
JPP, I think we are talking about over the weeks, rather than the last few hours.
The sp has tried numerous times to break the resistance but failed. My view is that there is a seller, selling each rise.
The seller needs to clear before we head north permanently.
Just feel that having tried to break the 0.1405p resistance a few times that there is a seller off loading into each of these rises. We'll only clear the resistance once the seller clears off. GLA.
Definitely hoping that when Selan get involved in the heavy lifting, that delivering to timescales will be taken out or Roland's hands. They will be spending $20 million so I doubt whether they will wish to operate in Rolands time zone.
Will this bounce of the support level tomorrow? Only time will tell
I guess we could all buy £500 worth each at the same time on the same day and see if SYN sp breaks the 0.1405p resistance. lol.
Price coming back
Eyes on the prize folks, it's now just tedious.
Something kicked in at 12.14 today. Blue trades turning up.
The squeeze between the support and resistance is certainly getting smaller in that upward trending wedge. This could bounce off the support before the end of this week.
Is SYN primed for another go at 0.1405p or to break below the support level?
https://twitter.com/My_Other_Login/status/1788166213773803826
EnergyPathways tweet yesterday stated
"EnergyPathways continues to engage with all relevant authorities and stakeholders as it seeks to outline its strategic vision"
It's a long and expensive way from 'outlining your strategic vision' to pumping gas out of the ground in late 2025.
Anyone else feel a lot of dilution will take place before the gas flows in late 2025?
...re: approval, but we may as well make ourselves comfy for the long run. Elections close on the 1st June, let's hope PM Modi gets back in and the Minister stays as the minister.
I'm going for sometime in June for the sign off
Trout, I think we are agreeing. The civil servants will be doing the leg work, but I'd say it will be him and only him that signs it off and will be briefed fully on what his Ministry is announcing to the world.
I don't see it the way Gordon sees it, that someone else will sign it off.
Let's spin it around the other way Gordon.
So if you are saying that it's signed off by the appropriate official at the ministry, and then news released / RNS's that the JV has been approved. When the media ask the Minister about the agreement, in your theory the Minister would have no idea what is going on because it was signed off by the appropriate official at the ministry.
As the Minister, he should be aware of/ have sight of and sign off of anything that leaves his Department in terms of announcements to the public. I choose my words carefully there, I say again anything that leaves his Department in the way of announcements. He will not know the the full working of the approval process of the JV as that will be processed by civil servants.
My own view is that he will want to know and be briefed on exactly what he is approving (and what is being announced) so that he can answer any questions he faces, as such I still believe he is the man we are waiting for.
Of course he's not and that is not what is being said. The point that is being made is that he would appear to be out on the elections campaign.
This is the man we are all waiting on.
https://mopng.gov.in/en/about-us/meet-the-minister#:~:text=Shri%20Hardeep%20S%20Puri%2C,(History)%201973%20First%20Division.
He is also on X
https://twitter.com/hardeepspuri?lang=en
18 hours ago he tweeted "Happy to meet former DPCC President & now a senior leader of @BJP4Delhi Sardar
ArvinderLovely Ji, former DUSU President Sh @AmitMalik_IND Ji & @BJP4India National Spokesperson Sh @PratyushKanth Ji today." Plus all his other election tweets doesn't sound like he's in the mood for signing a JV approval at the moment, but time will tell.
My own thinking re: today's RNS. They've got to the point where everything is ready for Ministerial sign off, which they wouldn't usually RNS, but combining that fact with, I'm guessing the amount of emails Roland has received about GoI approval over the last couple of weeks, he has thought let's give them a RNS to keep them happy/ quiet (delete as applicable)
Whoever it was that emailed the regulator, please could I ask that you don't email the minister and ask if they need a pen.