Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
(Alliance News) - Synergia Energy Ltd shares rose on Monday, after it said it has agreed an "ambitious" work programme connected to the Cambay PSC farm-out.
The India and UK-focused gas production and carbon capture and storage project development company currently owns a 100% working interest in the Cambay field in Gujarat state. Its shares were up 8.6% to 0.098 pence each in London on Monday morning.
In December, Synergia Energy said it had agreed a head-of-terms deal for its farm-out agreement in the Cambay field. The joint venture between Synergia and an unnamed Indian operating company acting as farminee will facilitate the full development of the field.
The farm-in partner was granted 90 days in which to finalise the farm-out and joint operating agreements.
On Monday, Synergia said it held meetings in India last week with the potential joint venture partner. The primary objective was to agree a work programme that will form an integral part of the farm out agreement, it noted.
Synergia said that it agreed an "ambitious work programme" with the farm-in partner.
"Progress has also been made on the farm out agreement and joint operating agreement and the company and the farminee are aiming to execute these agreements before the end of January 2024," it added.
By Sophie Rose, Alliance News senior reporter
Meetings were apparently held last Monday. The sign off could land well before 31/01 IMHO
On Google
Stop being an ill informed bigot Tony.
India isn't what it used to be. After centuries of oppression and considering where it is after only 50 odd years and s botched handover at the time of independence, it's far from slow. If you're looking at growth, it's puts UK plc to shame along with most European democracies.
Anyway, roll on tomorrow!
If we're playing guessing games on SP, I'll go with 0.2 by close tomorrow, and 1p+ at some point this year?
Https://twitter.com/Synergiaenergy/status/1748989233908384207?t=TxheRIDOo9TBtydbJBBNQg&s=19
On Google
Surely by now, its just a formality and a matter of signing.
... upward momentum, let's keep the buys coming in
.... even if we get to half, or a third of the 1.5p predicted, I'll be more than happy.
...buy gone through
Totally agree shortshrift.
Thanks Gord
Conger, so based on 40mill valuation, any idea what price that should put the share price at? Assuming its 40mill/no. shares in circulation?
Https://twitter.com/Synergiaenergy/status/1707686209475031383?t=5nVcmofzpBqkyZde167YdQ&s=19
How's Gord. More of the same, at least he's consistent. Good news given the usual negative spin with the, yeah, 10% is ok, but it's not exactly 100% is it.
I can imagine him giving a best mans speech, 'congratulations to the couple, it's ok news, but, don't forget, lots of marriages end in divorce.. Are you sure you want to go down this path? It's just a fact, I like spouting facts' ... Atb.
On Google, 16% up.
Https://twitter.com/Synergiaenergy/status/1704025854945136752?t=erAtiCj1H54WlHniAjOI3Q&s=19
Https://twitter.com/Synergiaenergy/status/1702616370758771032?t=i_iW4O4uXk0I2eBiVtc0JQ&s=19
Surface pump being tested
https://twitter.com/Synergiaenergy/status/1702603308450341343?t=ojm6rx01k-FQRBkvr8alZA&s=19
Sausage, the price gets impacted if a significant buy, or sell is placed. If that trade decision is influenced by what's said he, depending on the size of the trade, the price will be effected.
I too am here for the long haul, from the days of Adam Rups (I hope he's well), Paragon, Chesh at el and through the highs an ld lows of Ron Miller at the helm.
What I said earlier about not talking down the share, sure, if there's something seriously not right, air the concerns, but there's a way of doing it. I just agree with the way some posters do it. These same posters always seem to almost revel in idententying supposed pitfalls of investing here but go quiet or almost as a token gesture, seem to mildly celebrate successes - though usually with a caveat. Maybe it's just in their negative nature. Who knows now's. Just seems a bit odd to me. I don't know, maybe I'm wrong. Just my thoughts.
I agree and disagree sort of. At the time we werenbuying stock... A large amount, we were new to the market and perhaps naively bought stock taking into consideration opinions on this board. I don't regret it as luckily, we did ok most of the time. Had those respected opinions by others been negative, we'd have been more reluctant to buy. Us buying the quantities we did, especially after factoring in opinions here (though not exclusively) and other bits of reading in our decision making process would have shifted prices, as you say, supply and demand. If Gords silly tweets put off some investors, and they could, this would have impacted prices, moreso, if people were on the verge of selling their holdings and his comments influenced them.
This is why I find it madness that someone who holds/says he holds stock, rubbishes the company. SYN/OEX havnt always been the best communicators/ havnt always given us the results we were 3xpectibg, but as a holder, I wouldn't shout and scream about those shortfalls on a public forum