Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We have so much to come.
On completion of GOI approval signature.
3 New wells to be drilled.
3 wells to be revisited.
CCS project.
On top of that we have cash in the bank and more bonuses to come.
ยท Synergia will be entitled to bonuses of up to US$ 9 million, linked to future cumulative gas sales thresholds being achieved as follows:
o US$0.5 million, if cumulative gross gas sales from the Cambay PSC exceeds 5 Bcf;
o US$1.0 million, if cumulative gross gas sales from the Cambay PSC exceeds 10 Bcf;
o US$1.5 million, if cumulative gross gas sales from the Cambay PSC exceeds 15 Bcf;
o US$2 million, if cumulative gross gas sales from the Cambay PSC exceeds 35 Bcf; and
o US$4 million, if cumulative gross gas sales from the Cambay PSC exceeds 70 Bcf.
Synergia will do us all well.
*************c/1891936451/86943
Well done JJP88.
But we've only just joined with Selan so it's new to us.
Selan had a just over 20% buyout from a great company with huge knowledge in O&G.
https://m.economictimes.com/industry/energy/oil-gas/oak-tree-backed-antelopus-to-buy-controlling-stake-in-selan-explorations/articleshow/90304349.cms
With safestyle gone under surely they should sell all assets to pay debts.
So why today do I see a 23 plate safestyle van on the road. ๐ค
This will be completed very soon. I'm not selling a single share.
He also said that there would not be a fund raise.
But you didn't believe that one until it came out in an RNS.
So why believe in one and not the other.
I don't believe Roland gave any dates.
This is what was in the RNS
The farm-out and associated joint operating agreement are conditional upon customary consents from the Government of India ("GoI") for the transfer of the 50% interest to Selan and Selan assuming a Lead Joint Operator role ("GoI Approval").
ยท Synergia and Selan have agreed the form of joint operating agreement for the Cambay PSC and will enter into the joint operating agreement upon receipt of GoI Approval
The well project is to be completed within 18 months of the GOI signing approval
So much on the Table for SYN investors, it's going to be like a smorgas board.
Everything is planning out very well albeit a little longer than anticipated.
It's going to be a great year abd future for SYN and it's investors. ๐
because if roland put a time schedule on things and it misses by days/weeks he gets slated. share price drops and people talk ****e.
goi approval is very close. it has been pushed to get it done asap. ( confirmed in email).
Roland in Aberdeen today.
https://x.com/Synergiaenergy/status/1760959007861166227?s=20
The negative chat is also on other platforms Gordon. And yes I also have many filtered on here.
To many trying to talk this down. An amazing RNS followed by a great interview and installing positivity into the company.
Yet derampers are still trying. It's only going to get better and better.
Don't get caught out by listening to the ill informed low lives.
A great future ahead of us all now .
๐
We live in an age where you can't say what your thinking now. Even comedians are becoming less funny, not by there own doing but by the media , snowflakes and the like of stop oil protesters and the LGBT community. (And Others)
So Gordon anything goes but you can say anything or assume anymore ( Yeah right). ๐
Https://www.londonstockexchange.com/news-article/SYN/cambay-psc-farm-out-update/16327320
Gordon it will be this week. I had clarification via email after seeing this RNS.
AS IT SAYS , COMING WEEK. IE THIS WEEK.
News*
JV completion new Zag.
I'm not waiting on any other news.
RNS will be here by the end of the week. JV completion news. Be great to see who we have got.๐