Member Info for Sausageonstick

Is it online???

Agree that I don't see the GoI sign off as being complicated, as you say I think it's agreed in principle otherwise the JV wouldn't have happened.

It more the times ales involved. If it takes too long SYN will need to raise funds to get it through until the GoI have sign and they get the $2.5 million in the bank.

So its a combination of GoI sign off taking too long and that syn need to place in the mean time.

It's the fear of a placing coming immediately after today's GM which started 6 minutes ago.

It's also the fact that the release of the money comes after GoI approval, and people scared it will take months to sign off.

If Roland comes on air and fills in a few blanks around the edges it won't take long for the market to fill in the pieces to see the whole picture.

Read it carefully.

The reg 30 doc states that it is covering SYNs $10 million. So as a JV they would normally put in an amount each, our JV partner is putting in their own $10m plus covering SYNs $10m, so they are paying $20m. So both the RNS and the reg 30 document are correct.

I do t think it's been granted, but I certainly feel the new Indian JV partner would have sounded out the GoI to see if it has any objections.

I doubt they would have signed if there was even a sniff of GoI concern. GoI sign off is a foregone conclusion, what is not is the time it takes to get it signed.

I haven't got time to look at SYN chart this morning, already late for a meeting but wanted to see after 13% drop where this went.

If a handle has formed on the cup then it is only a matter of time to see just how long investors wait , and this how long the handle is before we see a rapid rise here.

Back around 0.2p by the end of the week, if Roland can get out there and start telling the world

I'm still confident that Roland will be out there doing interviews in the next 48 hours to spread the word. This is too big of an announcement to waste the opportunity to tell all on what SYN have achieved.

If anyone is going to 'pump' SYN, I believe it will be Roland and his positive attitude in any forthcoming interviews.

Again, we were trading above 0.2p without a JV announcement. Just let the weak out and new money in at these crazy low prices.

They are not placing today, they are seeking approval SHOULD THEY NEED TO issue shares. As has been said, this headroom was probably a requisite of the JV. With the GM today the votes were likely counted yesterday so syn would have known yesterday that the motion has been passed hence the JV announcement when it was yesterday afternoon

I hope Roland is following up with interviews over the rest of the week.

....and the herd to arrive.

What that rumbling sound?🤔🤔

Halifax 0.18/0.19p

.

And we suspect that the JV partner wants the headroom approved before signing.

So 11am UK tomorrow will be late afternoon, so I'm suspecting a Friday 7am RNS as that would mean they could sign it all Friday morning India time and still get a 7am UK RNS out.

Could that trigger some interest. Only two more 7am this week. Just how often and how far can Roland push this to the right??

Filtered

...associated leak before the RNS appears, this will slip back. I'm convinced the 'delay' is linked to the GM.

Ikhan,

You do know that only 1 person believes you, and she has to believe you because that's her job.

Each afternoon anticipation should build particularly with the UK:India time difference. A lot of work can be done in India before the RNS machine gets switch on at 7am UK time. I don't expect a red finish today.

That's better than a 20% spread