Member Info for Silverlight

Great first post thanks for that cr@p. 10% pull the other one! They will give 50% of what they have away max, which leaves them with 30% of asset - 30% in recent broker note gives a risked valuation pre drill of 0.59p and several times than on success.

Non-dilutive funding as good as in the bag .. lovely!

2025? They said 6-9 months in January for final

Investment decision - which obviously needs financing - we are in month 8 so in theory anytime now .. end of 2025 is first gas.

Thanks - thats the biggest news in weeks, he wont be sat there saying sorry no money and no rig, any plans for the weekend.

Yes, sentiment is currently at a low but can turn quickly - we have seen some major uplifts recently so hopefully snda's turn is soon and our time here hasn't been in vain. good luck. SL

Can I ask why you consider 15-25p rampy on funding? it was 10p a month ago. What are you expecting? Id expect at least that when this project becomes 'live' and thats what funding will bring.

Also a lth - just post less on lse these days for the reasons outlined.

I don't but i also don't want to read your posts either that add zero. I haven't seen anything rampy either, we are expecting big news and massive rerate - if you are not why are you here .. PS my only post recently was a reply form IR - ie useful.

Medows, no offence but are you ever intending to post anything useful yourself about the company as you do have a lot to say about others posts day in day out and none of it constructive .. its really not a good read and boring the pants off everyone.

Do you understand business and financing stocky, big money in will mean at 4m mc this will shoot up. 50% of 100m npv fully financed for example and free carry will still mean epp flys... get the drift ... they are working on this with tier 1 as we speak and 70m to some of those companies is pocket change. try doing some analysis instead of the potential instead of just quoting headline numbers, its very uneducated. SL

Here they come .. what took you :)

You know the reason Eddie to try and sink the price further .. same old same old .. god these people on lse gets boring over the years. Yawn .

Slight amendment to that in that we are only likely end up with 30% of your calcs, 60% currently with a divestment hopefully of 30% for a free carry as per the broker report. Still, and on that basis, the risked valuation pre drill is 0.59p and 4 times that on a successful drill ... half of either would do. SL

In the end we need the big stuff - currently people selling into anything - need a fundamental news item - ie the partnership etc.. its been long enough

None dilutive funding not good news? glad to see the 2p derampers have shut it ..

Best stay uninvested then Ian, no one can let you down in premium bonds.

Howey - yes that's what i thought, although cant always over analyse every word of an email when someone is just banging them out, even though we might look for hidden meaning or clues. At least the fact that everything is still on track should provide some comfort and, if that wording was constructed with some thought as is hoped, we should be well on the way to hearing some SP making news in the not to distant future. SL

Why you keep repeating yourself? Naff all to a tier one so let them sort it! Company only incorporated for 6 bloody months and they said 6-9 months for a final investment decision.

Its nothing new but i did have a rare reply from IR , suggesting everything is still on track ...

I was not in the office yesterday and am just working through emails.

The overall expected drilling timetable has not changed and further updates will be announced on financing and other matters via RNS as soon as appropriate. We appreciate your frustration, but financings of this nature do take some time to formalise.

Best regards

Tim

Tim Metcalfe

IFC Advisory

Managing Director

Relax it’s coming - 70m not an overnight thing! They are only a 6 month old company give them chance …

We are in conversations with a number of tier one energy & engineering houses, who are interested in our project

We will be providing feedback on those discussions in due course

#EPP #Hydrogen #Gas #Energy