Member Info for Sausageonstick

Selan not under any pressure. They have 50% cheaply, pressure on Roland to find a suction before money runs out

....to do to get us all out of this mire.

Email sent, not expecting a reply.

I agree Hugo. I just feel with Roland not extending the date for Selan that put Roland in a "better" position, its all relative though.

Expenditure on CCS has to stop. Roland needs to take shares as salary.

SSCCSS,

Could you explain why I shouldn't believe that? I'm just interested in what I'm missing.

Agree Art,

I think people are looking at this the wrong.

Most companies in my view would have given the other party a bit longer to come up with the goods. Roland I feel knows he's under a lot of pressure after agreeing a price that is a lot less than the gas is worth on the open market. So when the deadline hit, he has turned around and said deal over, we're taking back control of Cambay. Whilst Selan still have to drill the new wells and share the revenue with SYN.

Roland is now in a position to renegotiate any price or sell to a new party.

Essentially Roland / SYN are back in control of the large gas asset worth $$$$$$$ , not sure why the market sees this negatively.

Are we suddenly going to be making a load of $$$$ from gas and then Roland wakes up to the reality of the situation. Cambay is being sold for a HUGE discount on the value of the gas??

What is going on? We have days of the teeny tiny trades.

You are right, the figures that Roland banded around about the value of the gas field may have led people to make an investment choice. Only for Cambay to be sold for much less. I still can't see what Roland is doing to fill his '37.5 hours a week'? Is he still on half salary or has that gesture come to an end?

I can't see any reason to invest here, any reason for new investors to invest. Do we just sit here for the next 18 months and wait?

It's just sickening the difference between what we were told Cambay was worth and the deal Roland worked hard to get. Sickening.

Just doesn't seem right when we get like 6 trades a day? What is going on? a lot of them are blue but no price action?

...we are flat.

NTVO are not afraid to issue an intra day RNS, so the mine reopening RNS could come any day, any time during that day. Will catch a lot of people out I think.

Yesterdays RNS talked about "Raglan Project positioned to provide early cashflow", circa 24 hours later, bang, dilution, 22% discount, £1,500,000, 576,923,068 new ordinary shares issued. Ouch.

"Certain professional advisers will receive 3,113,962 new Ordinary Shares in total, as payment in lieu of an aggregate of £8,831 of their accrued remuneration and fees for the period from 1 October 2025 to 31 December 2025."

They are still not prepared to name these? I find it very strange.

The Highlights rns stated

Expected 2026 Operational Milestones

· Blue Mountain: Progression towards early-stage production, building on visible gold, expanding mineable corridors and further wash-plant trials.

So in 2026 ECR plans progression towards production, in BM, but does not state production in 2026.

Coming to this late in the day, but we did it. Thanks to everyone who voted no but a special mention to Gordon.

I see Roland has set his heart on CCS. I'm sure he knows it will be years and will cost millions. Will be interesting from here on.

Maybe they are getting a RNS ready to announce they are abandoning the sale???????? 😂🤣😂🤣😂🤣

Time to spread the ask wide across social media.

* vote closes

1 bn shares is good for day 1 but we need to get to to over 2bn by the time the vote comes

https://twitter.com/My_Other_Login/status/2000588941368402375