Synergia Energy Share Discussion Threads

[1sajad] 04/3/2024 08:44

The company is well aware that there are shorters spreading false rumours of placings to try manipulate the share price. Was it the strong finish on Friday that has given you the jitters with news due shortly on the GOI approval and the 2.5million payment to SYN that will also come due on Goi approval followed by the full field development expect this share price to start moving upwards

[arlington chetwynd talbott] 03/3/2024 22:46

"I am hearing rumours of an accelerated book build"Classic UKDB.

[icac] 03/3/2024 20:53

I personally wouldn't care too much , we are pretty sure 0.10 is the bottom.
patience is the key here, just hold and wait for Goi approval.
if you have funds available then I see it as great opportunity to add more before Goi approval..
even if after the GOi approval and the share price only went to 0.15, that's still 40-50% increase from current level.
I know switching off is a hard thing these days as we are all glued to our smart phones, just try and set upper sell limit.

[icac] 03/3/2024 16:11

allowing insiders to cash in ??
people from Syn and Selan ??
hugely manipulated.

[icac] 03/3/2024 16:09

normally when funds managers willingly to take Huge chunks of shares.
I see it as a positive thing but I don't see how they can gain an advantage by allowing to take cheap shares when the last JV RNs was positive and the share price should have shot upwards.

[cool hand kev] 03/3/2024 15:39

A way of placing shares with investors in a short space of time once the announcement of the proposed fundraising has been released with little or no marketing.

But we’re not expecting a fund raising.

Could you please explain?

[icac] 02/3/2024 16:05

I've heard that too. it was from Nina Patel, the vice chairman of Dpg.

[ukdannyboy] 02/3/2024 15:40

I am hearing rumours of an accelerated book build

[icac] 02/3/2024 14:54

I always insisted if mms drop this to below 0.10p, I will just keep adding.
Goi approval,
£2.5m cash payment
3 wells gas sales

Buy - Hold and see how high it goes.

[icac] 02/3/2024 14:11

I added more , should have done 2 trade separately .
GOI approval soon

[cool hand kev] 01/3/2024 19:00

Big late trade who paid a premium 📈

[icac] 01/3/2024 15:57

Super Bargain 👌

[cool hand kev] 01/3/2024 15:08

Bottom reached and Buyers should return soon IMO

[icac] 29/2/2024 23:24

just have to shut off until GOI news.
MMs just want inpatient holders to sell.

[geoffmanana] 29/2/2024 22:59

All very quiet on here while the shares tank.
Perhaps the Market is trying to tell us something.
Don't get me wrong I am a large holder here, and assume the deal was done with the GOI approval in the bag.......so what's happening?

[icac] 26/2/2024 16:46

you can only buy today , but couldn't sell more than £500 whole day.
very strange 🤪

[cool hand kev] 26/2/2024 16:15

I’ve added a few more, but not showing yet.

[icac] 26/2/2024 10:35

have a nice day all, continue to add while share price still at bottom. GOI news arriving soon. 👌

[icac] 24/2/2024 23:50

Allow me to remind you once again.
the bottom is around 0.10p because SYN stated they don't to raise.
what risk have you got from current SP??
0.11 to buy on Friday, the max is 10% paper loss, compare to where this can go in weeks, it's a no brainer.

[icac] 24/2/2024 23:43

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. 👍 🙂

[geoffmanana] 24/2/2024 20:36

Why haven't we been taken over if things are that good?
9.6m is peanuts.

Don't get me wrong I hope this works out.

[icac] 24/2/2024 13:15

steady rise up till Goi approval expected.

[icac] 24/2/2024 11:15

belive me , if MMs drop this to 0.09p , I will sell all my other investment and put it all here, that's how confident I am..

[icac] 24/2/2024 11:14

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..