Member Info for Sausageonstick

Just my own view, but just feel by 25th December Selan will have done enough to get more gas flowing I to the Indian gas network.

And we know what that means.

Sp prediction 2025

0.10 100%

0.15 85%

0.20 65%

0.25 45%

over 0.30 25%

I'd also say, my, view, IF syn keep us fully informed on Selan progress 0.1p by 25th December

Now that Selan have started, I hope that 2 weeks gives them enough time to do things, then in 2 weeks we can get a RNS with an update. Fortnightly updates on progress would be great!!!

Silver,

They have been talking since the 23 May 2024 RNS, if they need to extend it after over 7 months of talking, then surely you have to ask yourself what has Ajan been doing since May 2024?

All buys so far.

Gordon you can buy in for 0.498p currently.

Tempted?

Never

You best me to it "So is the workover rig on site or just been contracted?"

Maybe Gordon could email Roland and ask?

Gordon, the question is, do you believe that after all the well work overs and new wells the sp will get back to your current average?

RNS 14th October

"Selan plan to conduct workover operations on a minimum 3 wells and potentially up to 6 wells on the Cambay PSC."

I've only ever read 6 wells

To note,

"Preparatory work at the wellsite, including bush clearing and road access, is complete for wells C-70, C-63, C-72, C-74, C-77H, C-73, and C-64."

That list contains 7 wells, why do all this prep work to 7 wells if you weren't going to work over all 7?

6 weeks 5 days until 25th Dec.

I'm hoping now that Selan do enough progress to be rolled up into a fortnightly RNS and that in one of those pre 25th December update we get the first improved flow rates.

Still feel we will see a lot of progress between now and the 25th December, and for those logging in on the 25th they hopefully will be pleasantly surprised.

Will be end the day blue?

Like I said, we could all buy a chunk and a certain day/ time 🤔😉🤣🤣

Dvh,

why wait for next week, potentially sub 5p on the Ask tomorrow !!!!!!!!

......until the end of 2024, at that point the exclusivity period ends.

.....the facts remain the same

- Final investment decision late 2025

- First revenue in 2027

- EPP have no hydrogen / gas storage licence

- They have to get the gas out (6+ years) before they transition to H2 storage

- Based on these dates first H2 storage 2033, if they hit every deadline in the next 9 years.

- Hydrogen will be created when excess electricity can't go into the grid in 9 years time.

Ask yourself what has changed with the company's fundamentals to justify the recent? Yes that's right.

....the 7.95p support level, next support at 4.24p.

Hopefully you set a stop loss or have got out with some profit?

Irrespective of all the suggestions across social media regarding other organisations and what they might be doing in the hydrogen space, the facts remain for EPP

- Final investment decision late 2025

- First revenue in 2027

- EPP have no hydrogen / gas storage licence

- They have to get the gas out (6+ years) before they transition to H2 storage

- Based on these dates first H2 storage 2033, if they hit every deadline in the next 9 years.

- Hydrogen will be created when excess electricity can't go into the grid in 9 years time.

Also facts

- Of the 11 H2 projects approved by the last government. EPP was not one of them.

- the £241 MWh strikeprice relates to HAR1 projects, EPP is not a HAR1 project.

Additionally

- Social media seems to have gone quiet over the 5th November DESNZ meeting, the meeting that clearly stated an stakeholder could join as the committee wanted to capture ideas.

Wishing you the best if you haven't taken your profits yet.

SS

As usual the RNS is worded with a degree of ambiguity that gives Roland breathing space. In my time invested here, SYN have rarely hit any self imposed deadlines.

With Roland's own admission, increase in cash flow from Q2 2025, just how low can it go?

The other side is, now Selan have started should we expect an update in a couple of weeks on the first work over being complete and the new gas flow figures?

There's no point throwing figures around right now.

Go enjoy the autumn colours and give them chance to deliver something, this almost daily expectation isn't healthy.

Once you had your lunch on the 25th December come back and check

....until the end of 2024, when the exclusivity period elapses.

In that time I'm fully expecting a big coordinated push across social media to heavily promote ROQ based on fresh air. That's my own personal opinion, my own expectations I've set myself. Time will tell.

At 0.04p I think there would be a stampede!!!

...this is the next one to be heavily promoted across social media. Looking forward to hearing just how wonderful ROQ is via a bunch of unreferenced screen shots and retweets.