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Apparently he sold out high and his powder is dry so he bought in today bang on the lowest price that he knew would be coming months ago when he sold out on the massive high, although he could be talking sh it e again.

Quint is Novumboy, who posted today.

Jack, as stated in my post I know the plan is complete. It's the implementation of that plan, including timings, that has not yet been made public. As I mention I'm sure it's in Roland's head

I believe we will get news sooner than next year. They know the plan for the condensate removal, we just need to know about how they are going to implement that plan. My view is they should know that before xmas

Back in November they stated "In October 2022, 893 bbls of oil were sold at $78.8/bbl."

Well November closes today so they will know how much was sold and for what average price. With it dropping over 11% today, I fully expect output and $ values for November pdq.

We cannot continue to be kept in the dark. Roland says he's talking to potential farm out partners but remains silent.
There's apparently a plan to remove the condensate, but no one know when that is happening.

The two biggest pieces of news that will lift this share price remain in Roland's head as far as I can see.

RNS this week please Roland, as we are all getting fed up with the silence

Looks like someone dumped a load of 500,000 (and multiple of 500,000) this morning.

Down 8.8%. Gordon are you in contact with Roland today as he needs to tell us some progress to steady the ship.

*put

For a 50% JV for 2 wells wouldn't it be more in the region of £2 to £5 million? They would probably agree to our in more once the 2 wells were proven

If so, then tomorrow they will add up November output and could tell us in a RNS, but my opinion is they won't (prove me wrong Noel)

Does make one raise an eyebrow when you look back through the RNSs on here and it lists the RNSs of a company called Synovia!!!!You think they could list Oilex under here

That's got to hurt, as the price was 0.3p months ago

I've said it before, but let's hope we can hold onto todays gains

"washed coal production from 7 October 2022 to 7 November 2022, being 1,480 tonnes"

Next output figures 8th Nov - 8th Dec, can't see an update before the 9th Dec

If that's the case, wouldn't it be wise to buy a load on ASX today, then just wait for them to be transferred to the higher price and sell them?

Gordon, apologies, that's what I was inferring, that some Ozzie investors decide to take their money back home by selling up. As you say hard to tell, but just feel human nature being what it is some will not like the idea.

In terms of the SYN shares being cheaper on ASX than AIM, surely they can't just transfer 1:1, surely there some consolidation? If the shares are half the price, then they half their holdings on AIM?

They stated "washed coal production from 7 October 2022 to 7 November 2022, being 1,480 tonnes" so I'm not expecting an update before the 8th December. Output figures for 8th November to 8th December, if they have improved then my view is they will issue them quick sharp, if the output figures are still c rap they will be delayed.

How much money do you think Edenville has left in the bank?

I don't know, but I'm sure Roland will be moving forward each week on....

Timing and procuring the services of those that will undertake condensate removal.
Engagement with farm out partners.

Roland doesn't strike me as a person that sits around all week making cups of tea. He wants to get on with this and turn it around.

We've already seen him decide to remove syn from ASX, which for me is a positive although apprehensive when the 2bn shares land on AIM.

The share price, in my opinion, should up up around the 0.2p mark.

My view is that it will dip once ASX shares are transferred.

But above all else, I believe in Roland to deliver the farm out agreement, to get the condensate out and get more gas flowing. I'd like by the end of the year for the condensate to be gone, increased but steady gas flow occuring providing the farm out partner clear evidence to sign on the dotted line Q1 next year.

The above should provide confidence to the market and an increase in price.

As others have said, tough one Steven.

But what we know is

SYN has revenue, a nice amount of revenue

Syn is working on removing the condensate, selling the condensate I guess for more revenue.
The removal of the condensate is expected to increase the gas flow rates, the gas is being sold so again increasing revenues
The farm out agreement which is looking to bring in $$ to help open up more gas to sell.
Then there's the CCS which is a long way off and I doubt many here will still be invested in 2026 if the farm out goes to plan.

For me there's an increasing buzz around what Roland is doing, it will depend if you are patient enough to wait for the farm out to land which could give you more of your initial investment back

Why would you spend the time????

Shame we couldn't hold on to all the gains from yesterday.

So are we agreeing that there will be 2bn additional shares floating around SYN on AIM (not called AIMS, it's AIM - Alternative Investment Market) come the New Year?