Member Info for Sausageonstick

....and close the spread MM's. 10% spread is bonkers

So if we are a little conservative and say c $80 a barrel, at 17 BPD over 365 days, that makes us close to $500,000 per annum. With the almost mile long column we may have more than 17 barrels per day on some days and produce on less than 365 days a year it may average itself out.
So $500,000 a year not to be sniffed at.

If we can guess how many barrels of condensate it produces, do we know how much a barrell they sell it for?

Seems like people have cottoned on to the idea that timescales here are potentially a year away. Seems people are selling up to make money elsewhere before potentially returning in 9-10 months time.

#SYN flow rates up from 150,000 SCFD to 276,000 SCFD, BUT c.1450m column of gas condensate in wellbore inhibiting production rates. Completion string being designed with downhole pump to lift fluids from the wellbore to enhance production rates. People seeing the true flow rates?

Quarterly report tomorrow? Or more good news in a different RNS?

Like I said before, my opinion is that SYN is gaining attention and momentum.

Will we see a Rishi bounce in the markets?

So I guess it's a wait and see time re the quarterly report.

Are they able to put any new news in it, or is it just a recap of previous RNSs over the last quarter?

So I guess if the quarterly report is coming out imminently, we are seeing a little lift in the share price. I'm guessing people are seeing this report as containing positive news?

...that interest is building here.

Good to see a steady stream of trades going through. We know some red trades are buys.

What is also key for me is that we are seeing these flow rates from a depleted well using the methodology.

Again, image what we will get from two new wells in virgin ground using this methodology?

All connect up to the Indian gas network and gas flowing out and revenue flowing in.

Farm out process started, 2 to 3 months I think Roland said so a nice Christmas present for us all.

Once the penny drops the herd will arrive. Not that bothered it has dropped 2 thousandths of a penny, at these prices a small drop looks like a large percentage so I ignore the little fluctuations.

" flow rates having increased steadily from 150,000 SCFD at the end of September to the current rate of 276,000 SCFD and 17 BPD gas condensate"

But "presence of a c. 1450m column of gas condensate in the wellbore which will have an inhibiting effect on production rates"

So just imagine what the flow rate will be once they remove the column of gas condensate.

Get in!!!

No movement at the moment

" flow rates having increased steadily from 150,000 SCFD at the end of September to the current rate of 276,000 SCFD and 17 BPD gas condensate"

But "presence of a c. 1450m column of gas condensate in the wellbore which will have an inhibiting effect on production rates"

So just imagine what the flow rate will be once they remove the column of gas condensate.

Get in!!!

My own view, it may not be the view of others, but it would be good to have a progress RNS before the end of the week.

The interview was good, but a good solid update RNS to the market would also help clarify the situation on the ground.

If someone did splash out almost £16k, let's hope the next RNS is soon and has positive news in it!!!

Odd set of trades going on today.

Could explain the drop yesterday if it was a sell

On what grounds do you base that on? or just hopeful it was a buy?