Member Info for Ssccss

It's not really best left to experts to worry about it... Some communication to investors on this change of plan is required.

Thanks for clarifying Gordon.

Maybe they have decided to take the reduced yield of the vertical well in the hope they won't need a jet pump?

Or maybe they think the vertical wells will be less impacted by the water ingress experienced with the horizontal well? Would be good to get some clarity from the company as they hold the expertise.

It would be nice to have some communication about why we are now going for vertical wells over horizontal ones. I'm surprised there has been no communication on this. I thought the everything the company had learned from Cambay work pointed towards using horizontal wells with a jet pump.

Thanks Gordon. Good to get confirmation of the 10 million. Interesting how only a few of us read it in that way.

They are always stating time frames in RNS's which they flout time and time again. So not sure putting it in an RNS is going to make much difference. The proof will be in the pudding from here on in.

Gordon, I really hope goi approval is a few weeks away but that would make it the first deadline they have hit in a long, long time... So fingers crossed for mid April.

It's all very well blaming shorters which is what every board seems to do... The problem syn has is many people are waiting to get out at 0.3p. Going to take some serious PR and trust building to get people to stay invested when this does re-rate.

Unfortunately, the sp is not going up until we have GOI approval and 2.5 USD... How long it takes will influence how much we drop as usual. Another waiting game.

Well exactly Gordon.

Been put all day. Looking forward to hearing the interview and looks like it had a positive impact. Hopefully, that will continue tomorrow once the interview has been digested. Impressive that Roland was able to put the placing rumours to bed. Fantastic news. Gla

Agree Carrot.

Fair value estimate by ii was 0.34p before JV RNS so that's interesting that it's gone down!!!!

I'm glad Roland is doing the interview. I'm keen to know more about the plans. However, I think he will probably be non-committal/vague. IMO this could inflame the situation. He needs to clearly state that they have money until GOI approval. Otherwise, sp won't go anywhere until goi approval is achieved.

And what happens if approval is granted but only with changes to the plan. Like the last change which made absolutely no logical sense to anyone and still needs to be rectified. Not heard anything about the plug.

What is the main course? The GOI approval? That's already taken as granted. Getting the money sooner will alleviate fears of a placing but I'm not sure it's going to come soon enough. Hence the interview. What happens after approval? We wait. Not many people like to wait unfortunately... That's the story of AIM.

Thanks.

Do we know when the interview will be released?

Wonder if we will finish green. Has held fairly well today.