Member Info for Sausageonstick

Up we go. Anyone also get the feeling that Roland went away yesterday after getting a few whacks over timings and the JV.

He might be thinking, right I'll prove those bas t ards wrong by actually getting on with the JV.

So which local O&G companies operate near Cambay? India’s Oil & Natural Gas Corp. Ltd, Cairn or Mercator?

Nice to hear that many of my questions were asked.

So in two weeks they will decide if they are going to plug zones 1-4. If they do it will take 30 days to get a rig, then time to plug, then time to pump out remaining fluids in the well.

So end of October to decide to plug or not, November to get a rig then early December to plug and pump out fluids.

I think joked that flow rates would be a Christmas present.

Before the end of October then I expect a RNS on plug or no plug decision. If no RNS after Roland stated 2 weeks, he imposed the 2 weeks decision point, then I'll consider he's missed another self imposed deadline.

....IMC dashboard !!! Go get them while they're hot.

Https://www.youtube.com/watch?v=2D5KZwDWSo0

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Whilst nothing has gone seriously wrong, the IMC presentation yesterday identified that there is a problem with the well.

So the focus is well and truly on Roland's plan to fix the problem. All this has created more delays, weeks worth of delays.

Speaking for myself only, I've gauged that potential investors are not buying in on anticipation but waiting for Roland to deliver the new improved flow rates and a JV before buying in. That just hasn't happened, so my concern is over the next 6 weeks / 2 months, with people sitting in the wings waiting, how many people already bought in will dump and move on. Essentially, how low will the share price go in the next 2 months as Roland sorts these issues out?

• Before jet pump installation, c. 120,000 SCFD, 4 BPD condensate from zones 5 & 6

only (zones 1-4 isolated by bridge plug)

• Jet pump installation included removal of bridge plug and reconnection of zones

1-4

• Current status: pump is removing circa 40 BPD of water and 5 BPD condensate.

Echo meter survey shows fluid level in well at c.900 meters (compared to c.1500

meters prior to bridge plug removal)

• Clearly well is still liquid loaded with significant volumes of water from zones 1-4.

Peak production of 350,000 scfd has been achieved so far likely just from zones

5&6

If you log on to the meet the company website. Then go to the presentation details. At the bottom that is a heading called meeting resources if you click on that and download you can download the presentation that it looks like they gave.

I've just logged on to the Meet the Company website, and it's not up loaded yet. I guess it's post production.

Is the presentation online so where please, for those that missed it.

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If any RNS is issued I severely doubt it will contain new flow rates, a reply I received yesterday said syn had 'hoped' to get flow rates out before the IP.

I'm guessing they had hoped for the flow rates, but haven't been able to get the work done to identify the rates. I can't see any other reason for them setting up the IP tomorrow.

The issue going to be the reason why they haven't been able to get the flow rate in time for the IP. If it's just simply time ran out and that everything is still on schedule for the flow rates to be identified at some point, then that's fine, but if there's a problem, then that's a problem

Time will tell, but Roland needs to get this right.

Eagle, probably a wise move cancelling your 0.1p buy order. I'm 99.99% sure if there is a RNS tomorrow morning, it won't contain any new improved flow rates and it will be then up to Roland to make the best of it as it can. Every word will be hung upon and then we will see what the market thinks after.

A bit of fun what are peoples guesses on what the SYN share price will be tomorrow at noon?

... before tomorrow's IP. The questions have to be

Why no rates?

What is going on?

When do you REALISTICLY expect the flow rates to be announced?

Is the JV still on the table?

Questions have now closed for the IP but you can ask during the presentation itself.

Let see if they come back for more

Only to be expected. They chose the IP date as they hoped to get the new improved flow rates out before then and it's fallen on it's face. I guess people are coming to the conclusion that something isn't going as it should, wrong or right conclusion we may find out tomorrow.

If there are no flow rates before the IP tomorrow, then I do hope that Roland has the balls and tells us what went wrong and why the flow rates have failed to materialise. At this point honesty is the best policy, if there's a major f uc k up somewhere investors need to be told what it is, why and how they are going to fix it.

Of course, if Roland releases the flow rate I'll sing his name to the rafters!!!!

I can't see them giving a full update on flow rates at the IP, unless they RNS it to the market before hand.

The logic of what Briana is saying is that if Roland is giving full update at the IP then we should expect an RNS before hand, maybe 7am tomorrow and he sit in the presentation confirming what has just been released. Played a blinder there Briana, 😉, shhhh!! won't say anything about a 7am RNS tomorrow - lol 😂😂

She might say they are still waiting on flow rates, or waiting on validation of rates being signed off.

Won't harm to email and be ignored again 😂😂😂