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San Leon Share Chat (SLE)



Share Price: 27.95Bid: 27.90Ask: 28.00Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.10Spread as %: 0.36%Open: 26.90High: 28.20Low: 26.70Yesterday’s Close: 27.95


Share Discussion for San Leon


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bluerill
Posts: 15
Off Topic
Opinion:No Opinion
Price:29.90
View Thread (3)
RE: More Info Foor Book Worm
9 May '18
Yes, you might be right. But then you MIGHT have nary a clue what you're writing about because you MIGHT well harbour Trump-like ambitions to get to the point where nothing you write need have the faintest connection to anything coherent, just so long as you deliver it with sufficient bile. The 'claim' these guys are making - if, as I have already written, is a big, unconfirmed IF - a genuine claim in court, the quantum is clearly the entire amount they put into the deal in the first place. There is simply no other possible explanation. And because there is no other explanation, as well as the fact that (again as already discussed) SunTrust received shares in SLE in exchange for those funds - as with every frickin' investor in the history of equity markets, by the way - there is considerable evidence already that this claim or more likely, the 'article' itself, is bogus. Not unlike your response. As for a 'denial' from the company, see once again, current AIM rules on disclosures. Just getting a NOMAD to agree to publishing the date in an RNS takes 10x the time it once did. The 'denial'/explanation will come, but at the NOMAD's pace unfortunately, not ours.....
 
honestsid
Posts: 1,924
Question
Opinion:No Opinion
Price:29.90
RNS
9 May '18
14.30hrs and no confirmation or denial. I would have thought it would be very important for the powers to be, Nomads, Brokers, SLE, for christ sake I would have thought the newly appointed Cantor Fitzgerald would have jumped on this one way or another, even if only to protect their own reputation.

We will not know how much truth is in the press article until we get an official RNS. When will that happen?
honestsid
Posts: 1,924
Answer
Opinion:No Opinion
Price:30.00
RE: Resumption of Trading RNS 23rd ..
9 May '18
Fanning said ....." all material problems with creditors and litigation are behind us.

Its well recorded that Fanning has said a lot of things in the past, many that have not materialised, although of course I am sure he believed in what he was saying at the time, of course.

Thanks for pointing that statement out. We will need to see an official statement from SLE to see if he was correct or not about that. And of course, I am sure he believed in what he was saying in that RNS of 23rd April. Without a doubt!
honestsid
Posts: 1,924
Answer
Opinion:No Opinion
Price:29.50
RE: I'll say it again-Honestsid
9 May '18
Already answered that one, did you not understand? Try reading my answer again, it may help.
honestsid
Posts: 1,924
Off Topic
Opinion:No Opinion
Price:29.50
RE: More Info Foor Book Worm
9 May '18
"---Lets just take a deep breath for a moment.------Who in their right mind forgets a debt of £48 mill."

that's right redeye, who said it had been forgotten Avobone was not a forgotten debt was it, but it was a debt Fanning wished he could forget, despite the worlds courts having said otherwise.
honestsid
Posts: 1,924
Answer
Opinion:No Opinion
Price:29.40
RE: More Info Foor Book Worm
9 May '18
Bluerill and echovally, yep Suntrust were paid some money according to the press report from thisday. But they are still owed money, according to the report that I mentioned in my posts. So if they were paid in shares then they would have probably sold them as soon as possible, given SLE's past performance benchmark. And yes that was the right thing to do. Many can only dream of seeing 45p again at the moment.

So you may be correct in one way but there may still be $47mill still to pay, allegedly.

From the thisday press report that has neither been denied or confirmed by SLE ny way of an RNS yet.

"Suntrust Oil, in a petition to the court, alleged that the Irish firm was indebted to it to the tune of $47,689,123 as of March 14, 2018.
According to Suntrust, the amount was pursuant to an irrevocable and unconditional payment undertaking issued by San Leon Energy to the petitioner in which San Leon irrevocably and unconditionally undertook to pay the sum of $53,839,123 to the petitioner on or before November 30, 2016, out of which the debt remains due."
redeyemines
Posts: 358
Off Topic
Opinion:No Opinion
Price:28.60
I'll say it again-Honestsid
9 May '18
Here's something i find "funny"
-
---you disappear of the face of the earth, and then re-appear and are the first with this story---------funny old game eh
-
-who feeds you your info ???
bandit1
Posts: 311
Off Topic
Opinion:No Opinion
Price:28.60
Resumption of Trading RNS 23rd Apr
9 May '18
Fanning said ....." all material problems with creditors and litigation are behind us........" . So, for those of you who sold in panic this morning ( others bought I see mmmmmmm) suggest you get back in before you have egg on your chin!!
bandit1
Posts: 311
Off Topic
Opinion:No Opinion
Price:28.60
Low-life
9 May '18
The experienced on here will know that there will always be those who will do ANYTHING to make money and they concentrate on AIM as the regulators are totally ineffective and there are countless examples we could all think of just in case there are regulators reading this which am very much doubt! So, for those who sell in panic before the company has provided any form of commentary on the situation you may regret that you took action based on a press article without waiting to hear from the management in which you invested. I tend to wait until I hear FACTS from accountable directors and then make a reasoned decision based on what the FACTS tell me. Now, ask yourself the question. Why would management issue an RNS a few weeks ago full of optimism and hope, with cash in the Bank and a lot owed to it if they were genuinely concerned about this posturing by ST? I for one look forward to a formal update and in the meantime will dream that those who attempt to manipulate will come unstuck st some point......
SkullBone
Posts: 40
Question
Opinion:No Opinion
Price:28.60
RE: SID
9 May '18
B7/SID - So what is your advice? For us all to sell up and buy another share? If so have you any tips as to which shares you think are good to buy on AIM?




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