Member Info for Sausageonstick

With so many workovers planned in the timescale SYN state, there must be progress to report after 3 weeks of the last update.

Comms with this company stinks, and I've emailed Roland to tell him (weirdly he hasn't replied, which kinda proves my point). One image and circa 7 words on X is not an update Roland !!!!!!!!!!!!!!!!!

I'm not sure what anyone can add here, and the bickering is now just pointless.

Let's just hope Roland can RNS some Cambay progress before the Xmas break.

I'm waiting for them to issue a further TR1 saying they have sold down again, just my opinion of course

Down over 13% in the first 50 minutes for a reason.

Yep I said back at Christmas, but I'm still hopeful that Roland pulls his finger out of his fundamental orifice and writes a full end of year update.

Would be interesting the level of buys at 0.02p

Sscc

Apparently SYN are a full on partner with Selan, didn't they tweet something along those lines

So if

7.96% = 13,300,000 then

1% = 1,670,854 (rounded) so therefore

8.98% = 15,004,268

So the drop from 8.98% to 7.96% involved off loading 1,704,267 shares

ouch!!!!!!!!!!!!

Just would like to see them give up the Medway licence, it's so pie in the sky and in 10 years time that it hurts to even think of the funding required.

I'd like to see the focus on Cambay, conserve £££ and get the gas flowing and £££ in the bank. The first few wells financing the next few wells and so on

Once we have some spare £££ then focus on Medway.

I hope to read soon that the Medway licence has been sacrificed or paused.

Would you not have to stop production c77 to work it over? If so if they stopped it first then none would be producing gad. I guess they think get the other wells cleaned and producing, then stop C77

RNS stated

The workover sequence, starting with C-70, will commence after the wells have been subjected to individual pressure gradient surveys during October / November 2024.

C-70 Perforate MBS formation

C-63 Wellbore cleanout; re-perforate; install artificial lift pump

C-64 Install artificial lift pump

C-73 Wellbore cleanout; install artificial lift pump

C-20 Install artificial lift pump

C-74 Wellbore cleanout; install artificial lift pump

C-77H Well data acquisition; finalize future workover program

X states

#SYN Workover preparations on C-63 wellsite at Cambay.

Https://x.com/Synergiaenergy/status/1863508432877240452?t=USFOevOGbSYPcLvq6pv7dQ&s=08

So to me that says that C-70 has been done? or am I reading this wrong?

Total Market Solutions = David Burton

If you want to know the relationship between Mike Whitlo w and David Burton, you can easily do that by googling

"Mike Whitlo w David Burton" and having a read on the top 5 or so results that it pulls back.

Enough said as to why there are Total Market Solution articles heavily promoting ECR in it's hour of need.

Being traded nicely, out in the 9's wait for it to drop now back into the 7's and we go again.

Phd's take between 3-7 years to complete

First year you research the literature to find the gap in knowledge

Second year you undertake the empirical data gathering

Year 3 you write it all up

Being traded nicely. 7.5p to 10p seems to be the traders sweet spot.

BBN,

Of course they wouldn't tell the market they are in desperate need of funds, everyone would head to the hills, but as Mike Whitlo w stated in his interview

https://www.youtube.com/watch?v=5McliLdygGk

In relation to the interview that went out "it doesn't look great from the surface"

So Mike Whitlo w on the Board of ECR states, in relation to the fact they put out an interview regarding the sale of non-core assets and then hours later putting out a massive dilution at 20% discount RNS, "it doesn't look great from the surface"

They are Mike Whitlo w's words folks, even he accepts "it doesn't look great from the surface" so all you people protesting and ripping me, listen to your own Board member, your own MD (as the interview splash screen describes Mike).

TalkingSh ite

I think it's you that is overthinking your importance there. Take your rose tinted glasses off and look at the facts. In all of Mike Whit lows time (14 months ish) what has he got over the line? I don't mean testing samples I mean, sold the land, NO, sold a business with tax losses NO, commercial mining in BM, NO.

BottomsUp

"They could secure the MGA sale, go in to production at BM by Q2 '25, and get a JV deal due to the collaboration with QGS at Lolworth"

You gonna try convince us you truely believe this will happen?

BottomUp

You just quoted RNS Number : 1081X, ECR Minerals PLC, 18 December 2023

That was over 11 months ago and two dilutions have taken place. I' d say you clearly know what people are talking about when they talk about no money from disposal of non core asset. Don't embarrass yourself mate.

In the last year, or since Mike started taking his £1000 a month + shares for salary, look at what has actually been delivered, not the small steps but actually delivered

No planning permission obtained

No land sale

No house sale

BM not in production

Tax losses not sold

A lot of buckets of rocks have gone to the lab, with the next steps being more buckets of rocks to the lab, or indeed the drill cores........go of to the lab for testing !!!

Three dilutions within circa 14 months.

Shares handed out to the BoD.

Wake up folks, the best form of defence is attack. Just listen to today phone call with Mike and the language he uses.

Just listened to the interview, he says "I find it galling....." He sound to me p iss ed off to me, just the impression I got from listening. Noticed he decided not to do a video call.

Since the beginning of October, the RNS have been. in the run up to the massive dilution. Anyone see a pattern?

21st Nov 2024 Conditional offer for proposed sale of land

20th Nov 2024 Initial Drilling Results From Tambo Gold Project

1st Nov 2024 Exclusivity agreement relating to non-core assets

24th Oct 2024 Lolworth Rock Chip Results & Exploration Update

17th Oct 2024 Diamond Drilling Commences at Tambo Gold Project

9th Oct 2024 Australia Projects Update

8th Oct 2024 Highly Encouraging Test Result From Blue Mountain

7th Oct 2024 Appointment of Mike Parker as Consultant Geologist

3rd Oct 2024 Geological Survey of Queensland Collaboration

2nd Oct 2024 Salary Sacrifice, Issue of Equity and TVR