Member Info for Ssccss

"In addition, the US$2.5 million upfront payment has been made to Synergia and Synergia's Cambay operating personnel have been transferred to Selan who are acting as Lead Joint Operator for the work programme.".

Again, Selan in charge.

"Selan plan to conduct workover operations on a minimum of 3 wells and potentially up to 6 wells on the Cambay PSC."

From the latest RNS. Sounds like Selan are in charge to me.

It's totally pointless debating the meaning of syns RNS's anyway, as I'm sure we all know by now.

One minute, the board is saying selan are in charge and therefore syn has a skeleton crew and won't need money. Next minute, apparently we are both equally in charge of operations with selan funding it. Hilarious that we don't even know that at this point. Total joke.

Lead doesn't just me a funding it... Are you actually just making this up as you go along lol

Yes, Selan as lead joint operator.... The clue lies within the word "lead".

Still don't know why an update will help you. We all just await the relisting... Some of us are very excited about it.

Last year was due to a different reason. Read the RNS and actually there has been an ongoing issue. You are obviously very cross about it. Sorry you regret your decision to invest in ppp. You will get your chance to get out when it relist. Take it lol

Rob it's not actually your money anymore. You invested it... You now own shares. You don't just get to get your money back... You gave up that right.

Rob, they will relist once the accounts are done. I don't know how an update will help you? There is a known shortage of accountants with a very high work load. Patience.

Rob, shares aren't like a bank account?! Strange analogy. When you buy shares, it should be will full knowledge that you could lose that money or not have access to that money. Basic.

Gordon, don't take it personally. Plus 76 really isn't that old in this day and age and it's your choice where you invest. I personally feel the same... This share seemed to have a bright future when they bought cambay but since then the initial potential seems to be receding.

VF, Selan are lead operator.

People can ramp all they want. They've been ramping the whole way through and look where we are... And some apparently have hundreds of thousands tied up for years and years and no joy yet. Pull the other one. Don't believe everything you read on this forum.

People can ramp all they want. They've been ramping the whole way through and look where we are... And some apparently have hundreds of thousands tied up for years and yea

Let's face it, being endlessly optimistic really isn't doing anyone any favours, unless they are trading it in reality and just playing a game on the BB...

I'm not sure why you expect me to be positive... I have been positive for years but the last saga... Imminently... Blah blah. And now awaiting approval for the new wells, is a total joke in my opinion. I could see it coming but everyone was outraged when I suggested they didn't have approval for the new wells because it wasn't explicit in the RNS. Feel like they have basically been playing us and I'm done with it. Not going to be a long term holder anymore until they change their spots. But even trading this is getting tricky because the peaks are less and so many are trading it... So it's just not that great an investment at the moment in my eyes. I do hope it turns around but will have to see what happens with the news wells and CCS plan.

I don't think it's really mapped out the way most of us 6 years ago were expecting.

Yes but none of that seems to affect the sp because obviously people want to see something concrete like flow rates of new wells...need to see some actual decent revenue coming in. Otherwise, what is the point of syns existence? Literally done nothing for over 6 years... And now they seem to be focusing on something which won't happen for another 6 years... (CCS).... Makes you wonder doesn't it...

Plus everything seems to have taken an age so far... And now syn have absolutely no control over operations, because they aren't paying so we just wait and hope for another 6 months ....which of course only a limited number of investors will be keen to do.

Yes but remember we have had more dilution since...

Also, so many people here, despite appearances, are trading this and taking the value out of any rise. It's a rinse/repeat for them until something substantial changes the landscape. So the sp peaks are getting lower as people don't want to be left holding the baby.