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Still thinking through this in the RNS..

"The terms agreed with Selan reflect a compelling valuation relative to our current market cap and will provide the resources to return capital to shareholders while supporting the advancement of new strategic initiatives."

Theres also talk in RNS about cost savings

Can only see SYNs involvement in UK CCS being shut down. Waste of 💰. Cambay being sold. CCS India? I hope not.

Gordon. Thank you.

Gordon, could you email Roland / Briana and ask if they have been paid the $500k or plan to RNS when it comes in, please.

I would but......

RNS states...

"Synergia and Selan Exploration Technology Limited ("Selan") have executed a Heads of Terms ("HoT")"

then it says

"Initial payment of US$ 0.5 million on execution of the HoT"

So have Selan paid SYN US$500,000? If so, wouldn't there be a RNS to state this? Is this why Roland doesn't want to chat publicly until the money comes in?

The o ly thing i can think re no interview, is tha Roland is busy working on something and will talk when whatever he is sorting is sorted.

Well I certainly think we need to email Roland this morning to ask about the initial 50%

If selan, as we expect, can sit on their hands and delay the to first 50% essentially gets transfered first the minimal amount they've spent.

How can that be right?

So having told us the workovers WILL restart in June, turns out Roland got this wrong again. Never ceases to amaze me. Now expected to start in July, will we have to beg for a RNS at the end of July to find out if they have actually started.

I'm intrigued as to what Mick and Nick's next unicorn they are going to attempt to ride in order to get the price up, but of course the longer it stays at this price the more shares they get at the end of the quarter.

They may read this board, but they certainly received at least one email telling them to correct it in a RNS. My email.

Did someone say we should be expecting an operational update rns?

Disagree wakey,

On the 4th April Roland stated in a RNS "Synergia had anticipated that the drilling of the first new well under the WP&B would commence in Q2 2025, however, Selan has informed Synergia that it is yet to contract a drilling rig and that the drilling operations will not commence before September 2025. Similarly, the larger (50T/100T) workover rig has yet to be contracted by Selan. Since the bulk of Synergia's costs in India are being carried by Selan, the Company has minimized the financial impact of the delay in the commencement of the drilling program and the re-commencement of the workover program."

Note "Selan has informed Synergia" suggests that SYN had no idea until Selan informed them.

After that Roland went to India on his return he stated "Further to the Company's 4 April 2025 announcement, Synergia's joint venture partner, Selan Exploration ("Selan"), has now secured a drilling rig and related drilling services from DEEP Industries Limited to drill the first of three new wells under the $20 million work program on the Cambay PSC, where Synergia is fully carried by Selan in exchange for a 50% working interest in the Cambay PSC. Selan anticipates the drilling will commence in September 2025."

So, to me, he didn't know, he took his eye off the ball, he dropped a bol l o ck, however you want to refer to it. He had to get on a plane to India and sort it out in person, the delay had an impact and now we are selling 50% for $US14m and we have no idea what we are getting for the other 50%. A supposed $US20m carry but no idea if they are actually doing anything. Why would Selan do anything? Why would they spend anymore? They could faff around for 6 months and get it all for $US14m. The comms are shocking, beyond shocking in my opinion.

Roland needs to do a Q&A this week.

Once they get mining the zillion oz of gold or whatever it said, they will have income to hold in BTC treasury. It's only a matter of time in my opinion until BTC treasury is announced. Just my view, but a lot of gold, gold price ⬆ so logical move.

.... that you own shares in, stop you from emailing challenging questions to them on a publicly available email address?

...back to where we were on the morning of the Telegram / Stockbox interview, just before someone (weirdly coincidentally) posted on X about ECR Digital just before Mick and Nick took to the stage, so to speak. A few more people locked in after another one of ECR's epic spikes.

So we've had the

Tax losses non sale

Helium

Gold in Canada

Bitcoin bonanza

And still ECR sits at 0.2p.

Another 10,000,000 shares handed to Mick and Nick and mystery consultant and advisor got their lumps too

Let's see where this is at the end of September and how many shares Mick and Nick are given then.

If you haven't worked it out, probably best to do so.

Once this deal is all signed and it's all just a waiting game, I think, my personal view, that it is time for Roland to resign, otherwise he's just hanging around like a bad smell collecting 50%, 100% or whatever percentage he's actually getting of his salary.

Https://twitter.com/Synergiaenergy/status/1942159106573242642

4 x not 6 x

They don't plan on restarting gold mining for 3 months, heaven knows where the sp will be by then

Yeah, its the first 50% for $20m im concern about.

No news on workovers

No news on new wells

No incentive for Selan to continue

No reply, Gordon?