Member Info for SprintRS

What's going to happen soon please GW?

They're all waiting for news on the well improvements as to some extent I am. SYN 'feels' like it should be a good bet and 10x from here does sound plausible if the workovers deliver and the new wells.

I expected an RNS following yesterday's hoo har maybe later perhaps but it's hard to see another explosive day I'd rather expect a retrench back to 0.04. I continue to hold but I guess a 10% chance of getting all my money back.

Hey Gang, just thought I'd pop in to say hi..see you have a new FD on the books? hope he's not too expensive..with Wishbone's cash burn of £100k pcm the last placing will only last until end Dec or early Jan before another placing required to fund Richard whathisfaces' gargantuan salary. Have a butchers at SYN im thinking 10X by April 25 but DYOR as always.

I'm with Iweb and not seen anything come through..anyone else on iweb please?

Hope it doesn't take as long as last time lol but another possible Brucie bonus if we get that announced whilst w/o's wip

Yes from me too. you have to think Vlad knows what he's doing and nobody knows Hemo better than him....it was always the case that success in trails 'should' explode the SP and that aspiration hasn't changed

Arrrghhh..no results from workovers and no results from the new wells.

I'm hoping for an RNS too..if we get to this time next year and the SP is still £0.0005 then the $15m revenue will put us on PE ratio of 0.5. To get to a ridiculously low PE ratio of 5 requires a 10x increase in SP from here I.e half a pence a share...everything would have to go wrong for that to happen..no results from improvements, no results from workove

Indeed Sausage, all the failed projects at one point looked like no brainers....hopefully Syn can pull out good/great results out of the bag if not then.....

Hi Goldwish, I guess they don't see the huge potential or are looking for immediate gains.

Thanks VF, more good news and apologies, I missed the tweet.

I'd expect a tweet at least that the workover rig is on site at c70 to conduct the perforation of the well, the last update said it had been 'contracted'...hopefully news before Xmas it would be great to get to new year with an update

Hi Gordon, performation is specialized guns with explosive charges puncture the casing, cement, and formation barriers. MBS I think refers to the miocene reservoir miocene being an epoch

I don't think it has surely it would've been mentioned..we're 1 week late to the 30th October schedule I think

Hopefully updates across the board..updates on each of the 7 wells and on CCS progress. Time to top up at this crazy price, I added 5m just today :-)

Dates

Hi Gordon, they said 11th Sep it would commence in October and it did. There was no way 1st August they were going to dive in immediately, surely talks around which wells, a priority order, switching personel over contracts to be drawn..if you expected all this to be complete 2nd August then that's a big ask. Noone is going to invest time and resources on anything until it's a done deal and as of end of July it wasn't....now we're a further 10 days advanced from the last update, the program is in Selan's hands and again, they've put up $20m of their money to fund. I hope this evening we get some solid up

Hi GW how have you worked out that £600k plus whatever was left from the $2.5m won't last long please?

Don't agree GW...we had an update only 10 business days ago and it was pretty comprehensive showing very expedited progress.