RE: £20k buy above the ask price...13 Sep 2024 07:28
I don't see much positivity coming across from Roland, especially regarding cambay. His focus is CCS. That concerns me personally. I did have high hopes for syn for over 6 years but as we get closer, realising cambays potential feels like a mirage. We still don't really know any figures regarding what is feasible income from cambay with the jeplt pump and updated fracking methods. The NPV has been cut dramatically since I first saw the investor presentation. The company seem very focused on CCS which we all know is a long way off. So overall, syn is not the company I thought it was going to be. It's worth trading but I'm not sure much sp value will be sustained here until the new wells are proven to be successful or CCS takes off.