Member Info for Sausageonstick

Probably going to get cheaper in the next coming weeks as we churn the shares, let's hope we are still not churning them when the news comes out about flow rates

My maths is hopeless, but is that a 12% discount on todays price?

We all know they say they are fully funded until they announce the next placing.

....have a mate that said there was going to be an RNS and everyone ripped his post to bits as it never happened, maybe it's Quin/t's mate posting?

Why would you even say that Quin/t???? Just Stop Quin/t talking sh 1 te

I was just looking at the trades and thinking the same

Sorry, yes re production tubing. I copied and paste from my previous post and didn't change the tense

1) Eemoval of the production tubing - Done

2) Milling out of the bridge plug that currently isolates the original four fracked zones from the two currently producing re-frac zones. - DONE

3) The production tubing will be re-inserted and per the DGH request

So next photo should be the rig at C-19z for 5 days once it gets there.

Still to do

1) The well will be flowed for a period to establish a baseline of production without artificial lift.

2) During the period of baseline establishment, the workover rig will be deployed to the nearby C-19z oilwell to conduct a de-waxing operation lasting approximately 5 days.

3) Following the C-19z workover, the rig will return to the C-77H well to install the jet pump.

4th July

The workover rig is now scheduled to arrive on the Cambay location on July 12th and to commence workover operations on July 14th.

1st June

Due to workover rig availability, the re-completion operation is scheduled to commence on July 9th 2023, with an estimated duration of 8 days. The civil and electrical works and piping hook-up are scheduled to be completed by July 17th following the pump installation.

13th April

The jet pump artificial lift equipment for the C-77H well is on schedule for delivery late May / early June 2023.

So yeah Quinny, bang on time!!!

Quin.t

They are bang on time because they keep changing the date they publish.

Zac,

It's precisely the markets level of confidence that put the price where it is on any given day. The price is a reflection of the demand and supply as reflected by the confidence held by individuals and therefore collectively as the market.

Sausage is calm right now, but will respond as required. No one wants an unresponsive Sausage.

I'm not sure "everyone" has lost confidence in the chappy-in-charge Zag,

I know that SYN haven't hit deadlines in the past, and the deadlines for the current work kept slipping. However kit is onsite now and they are posting updates, albeit on Twitter and not in a RNS. The first part is complete and they have either done or are working on the milling out which comes next after removal of the tubing.

I own opinion, but very few will want to buy in at the moment, knowing there's a very real chance the placing will be a discount to todays price. Essentially why buy now when people feel it may be cheaper in 2023.

Quin.t,

You say, "Great tweets.keep it up please."

You happy to see SYNs sandwiches everyday now then are you?

Hopefully back flat soon.

...individual commented about did I want to know the contents of the sandwiches, but it is great to see SYN responding by providing updates to each stage of the process. Gives confidence that the process is moving forward at at what rate (roughly) it if moving forward.

Thanks to SYN for sharing the "contents of their sandwiches" on Twitter today.

GLA

They stated "The revised program calls for the removal of the production tubing and milling out of the bridge plug that currently isolates the original four fracked zones from the two currently producing re-frac zones. The production tubing will be re-inserted and per the DGH request, the well will be flowed for a period to establish a baseline of production without artificial lift."

So the "removal of the production tubing" has taken place in last 5 days, so on to

1) Milling out of the bridge plug that currently isolates the original four fracked zones from the two currently producing re-frac zones.

2) The production tubing will be re-inserted and per the DGH request

3) The well will be flowed for a period to establish a baseline of production without artificial lift.

4) During the period of baseline establishment, the workover rig will be deployed to the nearby C-19z oilwell to conduct a de-waxing operation lasting approximately 5 days.

5) Following the C-19z workover, the rig will return to the C-77H well to install the jet pump.

May be the case but not sure we going to hit Gordon's w/c 7th August.

....for a pounds worth - lol

Steven, what have you got to lose if you held until mid August?

Have you finished selling??

Was that you selling then Zag?