OK So dd is a poster on ii, from what I see he's someone who your always in conflict with and among other things you call him a whiner.....If you are suggesting that my reply to Sid was whining, you are 100% wrong. Infact it was just the opposite.....So I'm still at a loss to understand the meaning of your post.
Why can i not get away from the thought that there is a lot of potential truth in the speculation you make here! Given the long-term potential of a number of SLE's plays, it would be no great surprise when we look back in 5 years time at how this played out to find the big investors made a fortune but the small private investors were squeezed out before SLE mark 2 took off!
My decision to buy into this share was based around my belief that Poland, currently a net gas importer from the likes of Russia, has a long term strategic aim to be independent and possibly even a net exporter. For this reason, I believe in the long term the SP will rise and I am holding. This is not a quick profit SP, unless you have been shorting over the past months. Only an observation, but I have seen SP ramp down, whilst still being purchased. Buyout or other big positive RNS would result in SP rocketing and making those that bought in low mega money. Timing is going to be everything on this one as I suspect it will be a rapid rocket then stabilise at a lower level. It will be interesting to see how Russia deals with potential competition to its grip on Eastern European energy market in the long term. By long term I mean 2 to 5 years. Get out now if you are looking for a quick profit and go for something else as this is for investors not day traders.
SLE must have something, somewhere, otherwise Soros and Tosca and others would have been long gone. They have either got it and upto now haven't had any luck. Or it's a huge con designed, deliberately to squeeze the sp as low as possible then get the T O for spa and take it private. After which everything suddenly starts working as we all thought it would...oil gusher's an ttttcf gas. The consortium of ii's split 6 way's and most of us get nothing.
What they really need is the kiss of life! Fading fast and could very well flatline in the next 12 months unless we get a positive result somewhere. Was hoping we'd be north of 3p by the end of 2014, but will be doing well to get back above 1.5p based on what i see here at the moment.
SLE's portfolio is probably what is termed in the sector a "stamp collection". Way too many items. This is the legacy of the Aurelian deal; my family bought those at about 10p and sold out for about 70p when it became clear (to us) that Aurelian talked a good game but was probably going nowhere. San Leon needs to go on a diet IMO.
Think i might have already mentioned, but in case not, Oisin F is appearing at a Share Prophets wine and pizza shindig next Monday. Wonder what our esteemed leader will have to say. I'm going to attend so happy to post back any interesting snippets he comes out with. Depressing to see the continual drip drip away of the share price. Feels like we are a long way from any revenue at this juncture so any confirmed expenditure sees the price tumbling as our remaining cash is being spent with little prospect of replenishment. Feels like OF is an unlucky head honcho as nothing we do seems to come off at the moment!!
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