Member Info for SprintRS

I don't think I've plugged it as much as you think GW, the last shot fired was I still think SYN will come good. my issue with your posts is that you came here originally to plug the now suspended Wishbone gold, realised you weren't getting anywhere then pretended you suddenly had 60 million shares in SYN then remorselessley kicked the company around...endless posts on how shi t the company is...doesn't sound like someone with skin in the game to me

I havent got the first idea what RonR is on about..RR are almost certainly going to be awarded some (I guess at least 50%) of the UK SMR contracts but how is that going to impose US tariffs? tarrifs might apply to SMR's shipped from the UK to the US but the US has got at least 2 domestic smr builders..sorry the post doesn't make sense

They couldn't find a buyer Graham so it was simply shut down.

Hi Cat5, my understanding is that it will be used on all applications from wide body right down to narrow isle b737/a320 size. The prototype we've seen is the biggest version the idea being scaling down smaller is easier to manufacture.

OK Espen, is this demonstrating that hi vol production is possible in the cambay field?

It's the same story across most AIM and micro cap companies. They nearly all have the same features..high fixed costs (salaries and development costs) which are funded by shareholder dilution and critically either no or in our case small revenues

That's the idea..Selan spend $20m to get Cambay into volume production. Is there gas and oil ? yes Is it in production right now? yes but at low rates Is volume production (millions of cf per day) guaranteed? no it isn't. Have Selan done due diligence before making this huge investment? Yes you can guarantee it

I have dry powder too carrot courtesy of one stock that has saved my AIM bacon. I still think that SYN will come good as they have a small revenue stream and someone else paying $20m to develop the field. I've said this before..getting $20m approved even for giant companies is no easy task...Selan have walked into this eyes wide open and I can guarantee the expenditure came under massive amounts of internal scrutiny at Selan and further, noone invests $20m just to get their money back in 5 years' time. This money gas been invested by Selan because they see a 5,6,7 8,9 or 10 fold or more payback.

If we're at 30 barrels oil per day and 0.15 mmscfd at the moment and at 85% efficiency then we're generating £426k of revenue so is that enough to suffice or at least minimise the amount of any placing?

Individual transactions Rhino..most will have transferred into an ISA so some will have sold already some keeping them

An RTO is when a private company buys a public company, making the private company public. Syn and Selan are already publicly traded so please stop talking cr£p GW.

I know, I was confident we were going to get a steady drumbeat of news along with incremental steps in output. Now we're back to lengthy waits for the larger rig and progression of the new wells.

Hi Gordon, Richard Poulsen is the CEO of Wishbone Gold whose shares are currently suspended.

If we miss then we can expect the SP to tumble. I think the last step change in SP will be the 26th March and spring budget re SMR'S. after that slow organic growth up to £10 in 2027/ 2028

SP on the 27th is of supreme indifference to me personally. I'm still in buying mode so I want to pick up as many as possible as cheaply as possible. Yes, I want to see good results but I think profit of £2.3 to £2.5 Bn is already priced in...if we mi

Sorry Gordon I missed the million per month...your numbers broadly in line with mine..I worked out £9m per year without oil at 8 mmscfd.

Hi Gordon, are you sure you divided your numbers by 2?

Hi Gordon, well we might have been in Dec but we're now in Feb and it 'appears' to be $7.30 per MMBTU so down a little...no way is Roland getting more than the market price and for all practical purposes 1 mmsfd is nearly equal to 1 MMBTU but it would seem we should be between £8 and £9m per year without oil. Hi Elegance, sorry I'm not sure I understand..we're only producing around 0.3 MMSCFD at the moment..the 8 MMSCFD only starts when the new wells are drilled...right now we have income of 50% of 0.3 MMSCFD so around $400k and 50% oil at 25 BOE = $320k so around GBP 570K income..again assuming 100% efficiency which isn't possible so more like GBP 450k per year...right now.

Sorry I have to say it's confusing as hell as there are no indices that measure gas prices in MMSCF they're either in therms (UK) or MMBTU (India) but 8 MMSCF = 8,224 MMBTU and I've looked at the site below and it shows $7.30 per MMBTU at the moment so USD 60035 or USD 30017 to us per day or GBP 24314 per day or GBP 8,874703 per yerar. Either way our numbers are all over the place...I'm sticking with £8.9M per year not inc the oil..sorry all as I say this is really confusing

https://ppac.gov.in/natural-gas/gas-price

There's something wrong with the numbers Elegance...8 MMSCFD = 8 million standard cubic feet per day. One MMSCF is 1028 MMBTU so eight MMSCF = 8224 MMBTU x Indian Natural Gas price INR 294 = INR 2417856 per day so GBP 22201 per day. Now 50% (don't forget we only get half) so it's now GBP 11100. So this is now GBP 4051682 assuming 100% efficiency but not counting the oil which at 25 BOE is another £300K on top