Synergia Energy Share Discussion Threads

[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..

[icac] 23/2/2024 20:37

Dream team in place 😉

[cool hand kev] 23/2/2024 16:39

Selan also expect GOI approval IMO ( otherwise they wouldn’t have agreed to the JV) and they have ex Cairn men on board

[icac] 23/2/2024 16:24

simple wait until GOI approval then SYN will be ready to rock and roll 🤣
Added a few more today, just waiting for my other stock to go up then will add more here.. that's how confident I am. Selan knows how much gas is there otherwise will not sign joint venture , selan is also at home territory which can reduce operation cost.

[cool hand kev] 23/2/2024 13:54

It’s an AIM Selection share site

[arlington chetwynd talbott] 23/2/2024 13:45

What is Hive?

[icac] 23/2/2024 12:51

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..

[icac] 23/2/2024 12:48

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.

[cool hand kev] 23/2/2024 12:06

Getting a lot of coverage on Hive now

[icac] 23/2/2024 11:45

CHK you are dam right.
another way is value the company Mcap.
this company was at £9m before JV signed so now JV signed so it cannot go below £9m unless SYN need to raise working capital. on the podcast it stated the company does not need to raise therefore 0.09 -0.10 is the base.
people investing at this low price cannot lose.

[cool hand kev] 23/2/2024 11:25

The chart 📈 indicates that a drop below 0.10 was unlikely IMO

[icac] 23/2/2024 11:07

Damn, I was daring the MMs to drop this below 0.10p so I can purchase more cheap shares. it didn't drop and has gone back up slightly, this prove the market cap of £9m is the base value.
at some stage the MMs has to let this go because after GOI approval this company has to be worth £20m Mcap or above.
GLA DYOR , if you haven't I have done it all for you.. 🙏😉

[cool hand kev] 23/2/2024 11:06

SP looks to be on the turn up now

[icac] 23/2/2024 10:49

current Mcap is £9.5m.
current asset In cambay field is worth many time more.
future gas sales bonus alone , remember it is BONUS payments up to £9m should easily double the current Mcap.
this is a no Brainer BuY and Hold stock. in stock people always try to find and buy at the bottom and sell at the top. well let me tell you this, SYN is currently at the bottom and won't go down much lower, no discount placings needed. it's just a matter of how high it can go depending on
1. GOI approval £2.5m in the bank
2.how much gas can obtain from beneath the ground 50% to SYN , 50% to Selan
3.get another 3-6 more wells drilled.
plus we have the UK north field project announcement in-waiting for

[icac] 23/2/2024 09:33

CHK well done with your EUA 👍

[cool hand kev] 22/2/2024 22:37

I couldn’t agree with you more. I held EUA from 0.3p up until 40p and patience is also required with SYN. Ignore the noise and hold until you reach your target IMO

[icac] 22/2/2024 22:12

will arrive into company bank 🤣

[icac] 22/2/2024 22:12

given what we know with JV with selan in cambay field,
given we know definitely 3 wells will be drilled,
given we know £2.5 million will around into company bank for future working capitals,
Now let's assume the Australian Broker OVER estimate the MC by 50% , we still get share price target price around 0.40p.
For me that's seem about right compare to where we are now.
With no discount raise coming, the downside from here cannot be below 0.10p. it's simply BUY and Hold until GOI approval. Ignore daily swings as there bound to be people selling and moving into other stocks because they are unprepared to wait weeks or months, but we simply not years away from a re-rate.
let us all not get distracted by the few morons that keep saying this will collapse.

[rubysky1234] 22/2/2024 21:22

Synergia Energy is forecast to grow earnings and revenue by 48.3% and 59.7% per annum respectively while EPS is expected to grow by 46.8% per annum.