Lots of esotericism in the pending yearly accounts, better get practicing for a thoroughly refreshing read - let's say, it's going to be character building. It will reflect the better position of the company because it will be closer to the ground. Closer to impact - should rinse out a few cobwebs of the usual mindless suspects who still hang on here - but i may be wrong, they hAve defied all sense and rationality in the past - but who knows, there's a first time for everything.
Such esoteric verbosity from Kwid! Is it because he, along with the other derampers, are running out of tangible attack vectors where spin and selective representation can be used to make SLE look bad? The time is running out. Whose stuck in the past Kwid? SLE are moving forward, maybe you should too?
The direction is clockwise, and yet, in the sprawling metropolis there are the fervent few who still believe that one day, against all odds, and vanishing opportunities that just, even maybe - the second hand will rotate in an anti-clockwise fashion. As far as I am concerned - the match has already been won, the bears were right all along, from the very outset - its over folks, do you need to watch the credits?
Flogging this old horse again Kwid? Sigh...as has already been said on here numerous times some less promising concessions have been released in order to save on payments, a prudent action considering the collapse in oil price (already recovering somewhat as we speak), as part of this we get first rights to reopen them if we so choose. From 21st August 2014 SLE update: 'As part of its asset optimisation strategy, the Company has exited Germany and Slovakia. In Poland, nine concessions have been partly or fully relinquished, while the Company has also relinquished the Tarfaya oil shale licence in Morocco, where the Timahdit licence offers greater oil shale potential'. If the genuine investors here are like Sesame Street then the derampers are clearly the 'muppets'. Time will show who is right.
Touché old chap, set you up for that come back. However most O&G exploration companies are looking for assets, hence why they are called O&G exploration companies. 'ephemeral licensee'? Are you referring to the farming out process? If so I think it is fairly popular in the industry tbh. We will see how big the 'rabbit is shortly'. No tears now when SLE comes good...
Who ever said SLE's assets were tangible? Many geologists or petroleum companies like to quantify the tangibility of their assets. SLE prefers the tactic of the ephemeral licensee. Unless you believe in rabbits jumping out of hats, don't think its a strategy thats going to catch on in the industry.
Just hit commercial? Yep, same sort of commercial they had with Lewino, Turkey and Morrocco shale, barryroe - all these commercial interests producing how many BOE? you can insult your own intelligence, but don't insult mine.
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