Synergia Energy Share Discussion Threads

[dillydally2] 03/7/2024 10:52

Look at the sell offWhy are these people selling if news is imminent Something stinks

[arlington chetwynd talbott] 03/7/2024 10:33

Dillydally2 is the new UKDannyboy. There is always someone lying about hearing something or knowing something, positive or negative. These characters know (or at least hope) that no one will be bothered to feel their collars for this sort of thing, so we just have to ignore them.

[geoffmanana] 03/7/2024 10:15

There's always one

[dillydally2] 03/7/2024 10:09

3.8m dump 4m dumpOuch

[geoffmanana] 02/7/2024 15:15

He might not know that much ACT.

[arlington chetwynd talbott] 01/7/2024 22:15

You know nothing Dillydally2.

[dillydally2] 01/7/2024 13:51

India GOi delayed

[arlington chetwynd talbott] 01/7/2024 10:33

cool hand kev - I will ask you again - do not jinx it!

[cool hand kev] 01/7/2024 10:28

GOI incoming RNS this week?

[4hearts] 25/6/2024 10:31

Go on then, I'll take another 1.4m. It's about time I posted after years of investing here. Good luck all!!

[ashleyjv] 24/6/2024 15:42

"Roland Wessel is flying to Delhi on July 8th for meetings with Selan, DGH and MoPNG, and a Cambay site visit"

[geoffmanana] 24/6/2024 12:39

I totally agree Kev, but that IS the risk, and that is why imo the share price is where it is.
Approval and we have take off.

[cool hand kev] 24/6/2024 12:01

I doubt that very much India needs oil and gas IMO

[geoffmanana] 24/6/2024 11:31

The risk of course is that GOI do not give approval.....where are we then?

[jonesy27] 23/6/2024 21:07

Could not agree more Candlestick. Think we are entering into a very uplifting period. At 12m it surely is undervalued?

[candlestick1] 23/6/2024 17:56

Zak, Zak, this is just for starters. There is a proper business here - GoI is just the starting point. Without us being diluted to hell. https://x.com/candlesticks18/status/1804932298984268174?s=46&t=ipW7IMp6GVgCsYSTs_Wd3g

[candlestick1] 23/6/2024 17:29

Here's my argument for SYN and why I believe it's woefully undervalued:- MCAP of just GBP12m currently- GoI approval "imminent", immediately giving USD2.5m to SYN- CEO taking short-term loans over dilution to protect shareholders- A free carry for the first USD20m of drilling - 3 new wells and 3 work overs- Additional bonus payments of up to USD9m based on production targets- Retaining 50% of all revenues - no cost liability until 3 drills completed.- Targeting BASE CASE of 4MMcf/day PLUS 160bopd of condensate (UPSIDE CASE of 6MMcf/d & 240 bopd)- Revenue based on 4MMcf/d gives USD20m+ to SYN once 3 wells producing. No outgoings at this point due to free carry- New drill expected every 5 months of a 10-drill programme- Peak revenue after 10th well producing of USD4m per MONTH- Possibility of 30-wells to extract P50 of 206Bcf reservesOnce GoI approval is given, we just need them to crack on and Synergia will be unrecognisable from today. None of the above includes the benefits from their CCS schemes.

[candlestick1] 21/6/2024 10:00

Looks like yours pushed the offer up. 0.118p to buy now (but still giving nothing away on the bid)

[ashleyjv] 21/6/2024 09:57

Went through just as I posted lol

[ashleyjv] 21/6/2024 09:57

I'm trying to buy 1mil shares but its taking ages to go through

[ashleyjv] 21/6/2024 09:55

Yep

#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.

[candlestick1] 21/6/2024 09:36

https://x.com/synergiaenergy/status/1804083332524704211?s=46&t=ipW7IMp6GVgCsYSTs_Wd3gImminent.

[cool hand kev] 18/6/2024 10:03

At this rate we’ll probably get a CCS farm out deal before we get GOI approval 😎