Member Info for Sausageonstick

I doubt it. Whilst works over can starts when logistics are sorted, the work plan for 3 new wells needs to be approved by DGH and we don't know how long that will take. I know there's talk of a default 1 month. But I don't trust that.

Still feel we all need to just come back at Christmas

Have you sold out Gordon?

#SYN Following the GOI approval, there is an existing budget and work program approved by the DGH that allows the work over program to commence as soon as logistics allow…

…A revised work program will be submitted for DGH approval in the near future to incorporate the drilling of 3 new wells. #SYN

So Selan can get on with the work program but the revised work program needs to go to DGH for approval. Is that what we have just been told????

Https://twitter.com/Synergiaenergy/status/1820818588741317116

https://twitter.com/Synergiaenergy/status/1820818586463535130

Right now I think we are waiting on the work plan to be submitted, but of course SYN could let us know that if it wanted to.

Although the $2.5m has been received and I'm sure the monies paid back to whoever loaned us the money, it's clear to me SYN are reluctant to release any of the work plan details before it is approved by the DGH. And there lies the problem, again we are back to the unknown of how long will DGH take to approve.

I do find it problematic that SYN are prepared to tell the news to a few people who email in, but fail to tweet to all the known news that they are distributing via email.

LOL, I asked Briana if she thought that what she had written could be tweeted, her response was along the lines of Roland will discuss all the details of the WP in a forthcoming interview, and we all know what was said about the WP in the last interview.

Bottom drawer stuff now and check in at Christmas.

There's also a prerequisite to that submission but yes as you say.

There are activities that need to be done to the work plan before publishing it. Email Briana is you want the details.

Once this drops to 0.9/0.8p, it's a case of top up and tuck them away in the bottom draw now and let Selan get on with things. I'm not sure there is any point in watching this on a daily basis anymore.

10 bags from here would be circa 1p, not impossible over the next 18 months if all goes to plan and SYN get connected to the high pressure network $$$$$$

With news rish period to come, I certainly think it would be a good time to consolidate the 8bn or so shares in circulation

Wolfie,

I think you need to look at the whole market today, and the economic shocks going on outside of SYN

Not much momentum at the moment

With 2 x 50,000,000, a 25,000,000 and god knows what else this week being sold, I'm sure there is a distressed seller of someone wanting out. We just need to wait until they stop feeding into any sp rise.

HOLEID FROM TO Length Sb %

BH3DD019 143.4 143.7 0.3 32

BH3DD027 126.4 126.5 0.1 1.2

BH3DD027 125.9 126.4 0.5 0.99

At 143.4 m down there is 32% Sb for the height of a school ruler, and no one knows the horizontal extent.

At 126.4 m down there is 1.2% Sb for the height of 10cm and no one knows the horizontal extent.

At 125.9 m down there is less than 1% Sb and no one knows the horizontal extent.

At 40.6 m down there is less than 0.15% Sb and no one knows the horizontal extent.

So in order to get down to the Sb rich soil ECR are going to have to dig down over 126.4m and an unknown horizontal extent.

Let's get real folks!!!!

Irrespective of what people are suggesting re: funding, based on what EPP are saying in RNSs, no one knows how EPP will fund their future. The twitterarti can continue their positive spin, but we all know that markets hate uncertainty. Down over 6.5% today and even if EPP bag from here it won't take the price to the IPO price.

EPP's own broker in their brokers note, stated amounts that the broker anticipates EPP will need this FY in order to continue their activities. That brokers note disappeared from EPP twitter feed after people started quoting those figures.

Until EPP confirm how they are going to fund their future, uncertainty will remain and if anyone tweets they know how EPP will fund their future, they are either lying or have insider information.

Cut through the positive spin, cut through the nay sayers, the simple fact, the undeniable fact is that no one outside of EPP knows how the company is funding its future and until we know via a RNS, its a state of uncertainty here.

Talking Sense,

On the basis that today's RNS states "Next Steps; Given these highly encouraging results, ECR will now move to the next stage of metallurgical test" So when you say "We have gone straight in with the pilot plants." I'm not sure where you get that from unless of course you mean that trommel on a trailer get up, do you mean that? It would be pushing it to say a trommel on a trailer is a "pilot plant".

".......metallurgy testing to identify the best method of extraction.....confirm the commercial viability..... financing.....plan for production will be produced. I think the BOD have been pretty clear in interviews" Can anyone point us to an interview where ECR have stated categorically this, not inferred it but stated it? I would be interested to listen to that, as I'm sure a lot of others would be.

Yep, I thought it was crazy for ECR to get all excited about the best Sb %ages being over 100m under the ground. Low and behold the gold is 2-4m down, weird that, right??? Yep a lot cheaper to dig up 2-4m of overburden than over 100m, but they don't have a plan to dig a 30cm down let alone 4m.

The only thing that is important today re: today's ECR RNS is how the market reacted. Up 1.89%. My opinion is that more and more people are seeing through these mediocre results being talked up again and again, all the tweeting and retweeting by the usual accounts, all the interviews with ECRs non-executive Director. Then on to the next RNS of mediocre results and so the cycle of hype repeats. Investors are tired of it, are bored of it, they're not falling for it. No one wants to get caught on ECR twitter spike.

We are into August, with no revenue and a heck of a lot of testing being undertaken across multiple sites, all of which is costing ECR. You figure out, whilst ECR say they're funded for activities in 2024, NOT that they are funded for all of 2024, you figure out when the next placing will take place. ECR will say that they are explorers and that is what explorers do, dilute and then on they go again. I don't believe ECR are any different.

Crusty,

The trade was from yesterday, not today

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