Member Info for Ssccss

Hopefully we will learn more in the presentation.

*think

I still the reversal of expected credit losses is related to the difference in the new NPV figure.

I would still really like some clarity on this. It seems substantial:

"Notably, a gain from reversal of expected credit losses decreased sharply to AUD34,853 from AUD3.1 million."

I just double checked. Tax and GoI take.

Really Gordon? Sorry my mistake. I thought there was another variable that came out when you emailed Briana?

The reduction in NPV was not just from the reduction in gas prices.

Always seemed like a fairly random claim to me but I don't work in the sector.

Well that's a change of tone from you Walkman...

Really hope so Conger.

By the way. I'm not panicking, I have just accepted that this might not pan out the way I had expected it to and I'm trying to learn from that for next time. I have a decent holding so you would notice if I dumped it.

You appear so riled SS... and you won't let it drop... all of which makes me uneasy.

The more posting to protest there is, the more uneasy it makes me. We will find out soon enough I guess.

SS, you really have a talent for conveying your personality in your posts. Thankfully, I can either skim read them or choose to ignore them.

Thank you Gordon. Let's see what happens next.

Agree, that's why I stick with syn because I don't have time at the moment to get to know another share so well.

To be fair Eagle, it took me at least 2 years to realise AIM didn't work how I though it should.

Yes I do agree 0.5 should be the absolute minimum now. If this isn't the case and if they are not concerned about the flow rates from the old wells as they are not representative, then this should have already been clearly communicated in an RNS.

Lacklustre flow rates will impact the JV and funding. The company need money now/soon. So unfortunately, although I thought we were nearly at the inflection point, hence why I'm fully invested, I am now not sure we are there yet at all and I'm actually not sure about the potential future of Cambay.

I mean, is it just me but didn't we expect the lift to be effective and increase the flow rates to between 0.5 and 1? Wasn't that the plan? (The very downgraded plan with 10x less potential). So if this artificial lift solution doesn't do that...I literally have no idea why they are bothering.

Agree Gordon. I'm not bothered about the waiting. I'm more concerned about the narrative to prep us for lacklustre flow rates 😕. I hope it is just down to individuals wanting to get in cheaper and not a case of managing our expectations. The artifical lift needs to be cost effective to make Cambay viable. I really don't want to hear any more CCS stuff from the company in this investor presentation as that will just highlight their potential failure to make Cambay profitable.