Member Info for Ssccss

Well he had a pretty good track record at star energy.

Let's hope there's some communication later this week. Roland had better make it water tight otherwise, he will just be making more of a mess that he will need to explain. Bit of care and attention to detail would be nice for once.

Wakey, there should have been more protective clauses in the JV agreement. Or we should have just sold the whole lot when we were in a stronger position. It's poor management.

Thanks VF.

*reinvent

if it is a **** show and syn has been basically forced into this sale and has no other options, then they should just close syn down and return some money to shareholders. be done with it all. would need a miracle to reinvest itself now, not to mention new management.

There should be some pressure coming from syn though. We haven't finished the workovers and we don't know what the new wells are capable of but we have decided to sell the whole of cambay for 14m USD which will be drip feed and probably used to pay wages and day to day operations on what... CCS?? There really needs to be some clarity on how all these numbers are arrived at and whether we actually received anything for the first half of cambay.... It just makes no sense

Surely theres no incentive for Selan to do any more work on the wells?

I agree Zag. NU and Kong are very suspicious.

He better have a better plan than CCS, that will not cut it at all. I don't really see a future for syn either. I mean Roland has totally lost shareholder trust. We need more information about this deal because at the moment it's looking like a poor one. He has totally let selan shaft us.

And it's also ridiculous they think they can fix this error by tweeting about it. Where's the RNS to correct it and give us more answers to our questions.

So amateur. It's embarrassing. What is the world coming to. Total incompetence seems to be rife.

Will be interesting to see what move SL comes up with next.

If they can't even do the maths for an RNS... Who has been doing the maths in the running the business and when making deals with Selan. Total bloody joke. Unbelievable.

This is starting to look like he has just basically taken a salary for destroying the sp and selling cambay cheap. I wonder if they will just wind syn up now, CCS is dead in the water.

Please tell me that tweet is a joke. Wtf. Pathetic.

Totally agree wakey

Roland needs to clarify the statement about six times the current mcap ASAP.

Kong is being intentionally misleading.

If the new strategy doesn't involve CCS, then hopefully RW will retire

Lol