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SYN Synergia Energy Ltd

0.0125 (11.11%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Synergia Energy Ltd SYN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.0125 11.11% 0.125 11:43:22
Open Price Low Price High Price Close Price Previous Close
0.1125 0.1125 0.1275 0.125 0.1125
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Industry Sector

Synergia Energy SYN Dividends History

No dividends issued between 23 Jun 2014 and 23 Jun 2024

Top Dividend Posts

Top Posts
Posted at 21/6/2024 10:55 by ashleyjv

#SYN The Cambay PSC has been amended to reflect the name change from Oilex to Synergia Energy. The last stage of the Selan JV approval by the GOI is imminent.
Posted at 12/6/2024 19:12 by totally banjo
12 June 2024


Financing Update

Synergia Energy Limited ("Synergia" or the "Company") announces it has entered into a further short-term loan to provide working capital pending the Government of India ("GoI") approval of the transfer of 50% of the Company's Cambay PSC to Selan Exploration Technology Limited ("Selan"). The GoI approval is expected in the near future and this will trigger the payment of USD 2.5 million to the Company by Selan.

In order to minimise equity dilution for shareholders, the Company has obtained further loan funding from existing investors of GBP400,000 on commercial terms and on an unsecured basis. It is intended the loan funding will be repaid from the abovementioned Selan payment, once received.
Posted at 06/3/2024 20:25 by rubysky1234 a look at future revenue and earning potential :)
Posted at 05/3/2024 17:26 by icac
MMs not very kind to Syn and Syn holders.
some on LSe suggesting at getting out at 0.20.
I may follow suit , maybe because it's too hard to predict AIM stocks.
especially what happened here.
but in the other hand, we all predicting at least 0.20 when Goi gets approved, or it could go as high as 0.50 for that same reason.
Aim is full of surprises, but normally more bad than good . 😄 🤣
Posted at 04/3/2024 11:00 by icac
just added a few hundred quids worth today.
ATM waiting over at Suerdry for further good news regarding T/o. if this stay around 0.10 come end of March then I will certainly load up more here..
Now, we need all syn LtHs to contribute and buy as much Syn shares as possible.
Posted at 24/2/2024 23:43 by icac
haha 😄. ITs all down to GOI approval. if Syn and selan did not get the approval then investors would be in big trouble, the Sp will tank. firstly, Syn will not receive the £2.5 million, secondly syn will need to raise for more working capital , and finally, what's going to happen to the 100% owned cambay field??
But from what we heard, the Indian government ( Modi) wants to press ahead with their own oil and gas instead of relying on import.
As this is not a certain done deal without Goi approval, then this is not yet a done deal and the Market has not reacted quite Yet. The market makers creating a false market to take money of the weak.
Once GOI is signed , you will prob see a huge share price rise, how high we don't know, depending on how the MMs value this company, but I would say 0.25 - 0.50p seem fair.
The share price next leg up will depend on how much gas both SYN and Selan can obtain from those 3 wells .

Anyway , approval will be weeks away, get in now and share price could hit 0.25 - 0.50p once GOI approved.
whether you sell or hold then it's up to you.

the next stage will be how much gas they can obtain and how much profit is split between the 2 partners , but that will be 12-18 months down the line. if figures were to be near the top end, then talks of more wells to be drilled, and you can imagine for yourself how high the Sp can go..
anyway, been out drinking and watching the 6 nations, hope you all have a nice weekend. 👍 🙂
Posted at 24/2/2024 11:14 by icac
Let's assume 3 wells producing Gas of £100m , split 50% between Syn and Selan
that's £50m each.
We are also aware that they are planning to drill up to 10 wells as things progress into latter stage.
£100m Mcap is well with range.

That will be 9 x current Sp .
9 times your investment if you invest now, before GOI approval, before they start drill first 3 wells.
The later you invest in Syn , the less multiple you will get from your investment. let me remind you guys, Goi approval is just weeks away, and drilling of those 3 wells should start in summer 2024..
Posted at 23/2/2024 12:51 by icac
for those haven't heard of SYN and thinking of investing in Syn, now is the time , won't be long before this re rate..
Posted at 23/2/2024 12:48 by icac
the only thing holding this down is the GOI approval.. if approval is refused then signing the JV with Selan means nothing.. from our understanding, we have a high chance of getting the GOI approved This should be the 1st leg up towards 0.25- 0.50 all depending on how generous those mms are towards SYN mcap value.
The next leg up will be depending on how much gas sales SYN will recieve , including future Bonuses after X amount sagas sales target are met. let's hope there are a lot of Gas down in Cambay field.
exciting times ahead for Lths here at SYN.
Posted at 16/2/2024 07:15 by arlington chetwynd talbott
Synergia Energy Ltd Results of General MeetingSource: RNS Regulatory NewsRNS Number : 4191DSynergia Energy Ltd16 February 2024 RNS Announcement 16 February 2024AIM: SYN Results of General Meeting Synergia Energy Ltd (the Company) is pleased to announce the voting results from the Company's General Meeting of Shareholders, held on Thursday, 15 February 2024. The Company advises that all motions put to the meeting were voted on by poll, with all resolutions carried. Details of the proxy voting and voting outcomes for all motions put to the meeting are set out in the below report. For and on behalf of Synergia Energy LtdA black and white image of a bird Description automatically generated Anshu RaghuvanshiCompany Secretary

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