Synthesis Energy Systems Inc (EM) (SYNE)

Nice dip.

If APD can do it why can't SYNE? Terrible.

Air Products Acquires Remaining 50% Stake in Gasification Technology Joint Venture from China Shenhua Coal to Liquid and Chem...
April 14 2021 - 02:00PM
PR Newswire (US)
LEHIGH VALLEY, Pa. and SHANGHAI, April 14, 2021 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has completed the acquisition of the remaining 50 percent equity stake in its gasification technology joint venture (JV) with China Shenhua Coal to Liquid and Chemical Co. Ltd., a subsidiary of China Energy Group. Financial terms of the transaction are not being disclosed.

Air Products acquired its initial 50 percent equity stake in the JV as part of its acquisition of General Electric Company's ("GE") gasification business from GE Power in 2019.

This transaction further strengthens Air Products' broader gasification technology portfolio and integrates technical and engineering resources in China.

"Our latest investment is another step to support our gasification growth strategy that addresses the world's energy and environmental challenges. We continue to execute several megaprojects in China and around the world. The acquisition further strengthens our position to leverage our complete gasification technology portfolio to serve our customers," said Seifi Ghasemi, chairman, president and chief executive officer at Air Products.

Air Products continues its leadership in gasification projects around the world. Last year, Air Products announced a US$2 billion coal-to-methanol project located in Indonesia. The company is also executing a number of world-scale gasification projects including the Jiutai and Debang projects in China, as well as the Jazan project in Saudi Arabia.

Air Products has been successfully building, owning, and operating facilities under the "Sale of Gas" model for many decades. The company's portfolio includes more than 40 years of gasification experience, extensive capabilities, industry-leading technologies, and operational expertise. Air Products Syngas Solutions™ offers complete turnkey gasification complexes to convert a wide range of lower-value hydrocarbon feedstocks into synthesis gas for making higher value products and power.

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of over $60 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the company's Form 10K for its fiscal year ended September 30, 2020.

Cision View original content:www.prnewswire.com/news-releases/air-products-acquires-remaining-50-stake-in-gasification-technology-joint-venture-from-china-shenhua-coal-to-liquid-and-chemical-301269072.html

SOURCE Air Products


Copyright 2021 PR Newswire

$syne $0.315 v -0.016 (-4.83%)
Volume: 15,764 @03/26/21 2:50:21 PM EDT

$syne $0.34 v -0.03445 (-9.20%)
Volume: 3,212 @02/26/21 3:36:34 PM EST

$syne $0.39 ^ 0.02 (5.41%)
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$syne $0.4 ^ 0.03 (8.11%)
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$syne $0.28 ^ 0.015 (5.66%)
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$syne $0.28 ^ 0.005 (1.82%)
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$syne $0.33 ^ 0.059 (21.77%)
Volume: 1,080 @11/10/20 3:23:32 PM EST

$syne $0.375 v -0.085 (-18.48%)
Volume: 10,553 @10/30/20 3:40:07 PM EDT

$syne $0.3615 ^ 0.0005 (0.14%)
Volume: 164 @10/02/20 2:48:09 PM EDT

$syne $0.41 ? 0.0 (0.00%)
Volume: 84 @09/10/20 12:13:00 PM EDT

$syne $0.335 ^ 0.055 (19.64%)
Volume: 13,017 @07/31/20 3:26:51 PM EDT

$syne $0.29 v -0.02 (-6.45%)
Volume: 130,419 @07/17/20 3:44:57 PM EDT

The technology alone could be worth $300+ million. Check out APD, a $60 billion company. Their growth strategy is gasification, exactly what SYNE (formerly SES) does. Check out the presentation and see that APD bought GE and Shell technology.

http://investors.airproducts.com/static-files/e36a1625-a7ac-443b-b5db-71de6298e455

I was more looking for fundamentals that would justify the price to go up.......again

You have to be in this thing if you are interested. A couple of months ago the stock, if I recall correctly, went from $2 to $26 in 2 days with extremely heavy volume. It has been selling off ever since.

Kinda thought time ahead
Not sure what can really change at this point and did not see any info to help changing the momentum

This is one of my few keeper stocks. I've been in the stock for years. I hope it works out. It has enormous potential.

So no interest to put money in at this point

For now stay in business

What is the strategy for this company

$syne $0.2905 ? -0.0295 (-9.22%)
Volume: 19,254 @07/09/20 3:08:23 PM EDT

$syne $0.3605

$syne $0.6

$syne $0.9 ^ 0.0275 (3.15%)

$syne

SES changed to SYNE. Delisted from the Nasdaq tothe OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

$ses $2.9

$ses $3.1

SES 17% UP AGAIN

$ses $2.8999

SES hit 3.49 yesterday

$ses $2.60

SES loading for 20 dollars++

Are they done selling the 9.7 million shares into the market? Or are these 9.7 million still have to be sold into the market?

$SES can be 20 dollars!

Thinking to join!

$ses $2.15

$ses $2.05

$ses $1.97

$ses $10 with news

$ses $10 with news

Name change after the merger to "Energem".

SUBJECT TO COMPLETION, DATED JANUARY 28, 2020

MERGER PROPOSED — YOUR VOTE IS VERY IMPORTANT

Synthesis Energy Systems, Inc., a Delaware corporation (“SES”), SES Merger Sub, Inc., a newly-formed Delaware corporation and wholly-owned subsidiary of SES (“Merger Subsidiary”), and Australian Future Energy Pty Ltd., an Australian limited proprietary company (“AFE”) have entered into an Agreement and Plan of Merger dated as of October 10, 2019, as may be amended from time to time (the “Merger Agreement”), which is attached as Annex A to this proxy statement/prospectus and incorporated herein by reference.

Upon the terms and subject to the conditions of the Merger Agreement, and as promptly as practicable, Merger Subsidiary will merge with and into AFE (the “Merger”), the separate corporate existence of Merger Subsidiary shall cease and AFE shall continue as the successor or surviving corporation and as a wholly-owned subsidiary of SES. The Merger is intended to qualify for federal income tax purposes as a tax-free reorganization under the provisions of Section 368(a) of the Internal Revenue Code of 1986, as amended. The obligations of SES and AFE to effect the Merger are subject to the satisfaction or waiver of several conditions set forth in the Merger Agreement. Upon consummation of the Merger, and subject to the terms and conditions of the Merger Agreement, holders of ordinary shares of (“AFE Ordinary Shares”) other than SES, will receive, in exchange for such AFE Ordinary Shares, a total of 3,875,000 shares of common stock of SES, par value $0.01 per share (the “SES Common Stock”). Upon the consummation of the Merger, SES’ name will be changed to “Energem Corporation.”

Okay, we got reams of merger details now. Looks like at least 8Milion more shares get handed over to debenture and BAtchfire holders. Ses gets a bigger share of the Callide mine. And gets married to similarly-troubled AFE. All depoendent on an upcoming shareholders' meeting. I don't see anything new or exciting here, only that they might have managed to convince some BF shareholders this was somehow a good deal for them that might get them access to more capital markets/investments. Why they needed a heavily-indebted company with a failed technology to do that for this is my big question. But I think more that a few of those BF holders had dual loyalties. Stuck with SES shares anyway, so what the heck. Maybe, at least, it made their investment a little more liquid. The stocks' prompt drop of 9% maybe have been a factor of the announcment coming in the after-hours with the market focusued on the C-Virus and the Trump Impeachment.

Still to come, and most important of all, are the self=proclaimed brilliant and HIGHLY SUCCESSFUL money makers of Stocktwits. What will they advise their loyal minions to do!!!??

DESTINY AWAITS!!

$ses $6.52

I guess the SEC is going to let SES continue with NO DOCUMENTS REGARDING THEIR FINANCIAL CONDITION. I find that kind of stunning. The price is being run up and down by speculators--nobody is buying it as an investment. How could they? The needed financial reportage is 6 months out of date. I guess they were promised hat SES would wind up the merger real quick.

Can’t just go straight up lol.

This was a great alert from a couple months back.

Sorry you took a loss here bud.

Don't buy then. I'm just giving an opinion on the potential.