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San Leon Share Chat (SLE)



Share Price: 1.135Bid: 1.12Ask: 1.15Change: -0.065 (-5.42%)Faller - San Leon
Spread: 0.03Spread as %: 2.68%Open: 1.15High: 1.15Low: 1.135Yesterday’s Close: 1.20


Share Discussion for San Leon (SLE)


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daramuda
Posts: 650
Answer
Opinion:No Opinion
Price:1.30
View Thread (2)
RE: honest
Sat 15:14
Quite right dean. Continuing your own analogy the sheriff did put a posse together and honestsid volunteered to be a member of that posse. Unfortunately, although the sheriff did try to effect a meeting, the "other side" avoided the meeting.

I still have my star.
 
honestsid
Posts: 98
Off Topic
Opinion:No Opinion
Price:1.30
RE: honest
Sat 08:59
Date/Time Subject Author
Fri 22:42
Re: rawicz
linksdeanInteractive Investor client
Fri 22:39
Re: rawicz
Cruncher1
Fri 20:22
Re: rawicz
trickler 1UP
Fri 16:58
Re: rawicz
linksdeanInteractive Investor client
Fri 16:51
Re: rawicz
linksdeanInteractive Investor client
Fri 16:37
Re: rawicz
thepriorInteractive Investor client 1UP
Fri 15:24
Re: rawicz
Freddie The FenceInteractive Investor client 1UP
Fri 14:43
Re: rawicz
Peally 5UP
> strange how that even on this good news the bleaters have complaints
...you insult your own intelligence boys.......by your posts....your agendas speak volumes ...make you wonder if your holders or shorties

Links, not sure who that was really directed at or why, but I'm afraid you are the only one doing that with the above comments.

It was a good find / post by you yesterday on the and welcome information that was both appreciated and duly ticked up. But the facts are:
- The share price is within a whisker of all time lows
- The board are still taking home a disgustingly oversized pay packet for unprecendented shareholder wealth destruction (even if / when it is taken in shares it will an inappropriate remuneration package)
- Every venture that SLE has been involved with or that has had an influence on SLE in recent times has been an unmitigated failure (BNK, 3Legs, Morocco, last Polish well)
- Their comms are terrible and show no signs of improvement

This drill (or rather the Palomar drills in general) are the ones that I think have the best chance of transforming our fortunes in the near term, so of course it's good news that we're nearly there - however once you distil this news down, what you end up with is:
"We are pleased to announce that the start of the Palomar drill programme is only a month or so behind schedule from our previous announcement on the subject. "

Drilled, completed, and tested by the end of the year remember? We've yet to be informed of any change to this.

I still hold my full position in SLE (currently at a significant loss) and topped up on a SB this morning, so I'm anything but short here.....but do really think there's nothing to complain about?

You're acting like we should be holding a ticker-tape parade for the the not-yet-happened announcement of a delayed spud. Even when it happens it still doesn't mean revenue - we need to have some success at the drillbit first - *then* we might have something to cheer about, and the share price might react accordingly.

As it stands, with the FTSE up over 1%, oil up several dollars and nearly every other oily I own up several percent, SLE is in its own lonely sea the red....again. What does that tell you about what the market thinks.....or are they all "bleaters" too?

So hopefully you'll forgive me if I and anyone else that wants to, engage in a bit of banter here to pass the time and distract from the ever increasing red number next to SLE while waiting for them to fin
honestsid
Posts: 98
Off Topic
Opinion:No Opinion
Price:1.30
RE: If we all average down
Sat 08:58
I think you mean effluence giuseppe. he knows how to talk the talk. lol
Giuseppe
Posts: 1,038
Observation
Opinion:Strong Buy
Price:1.30
If we all average down
Sat 01:34
to 1p we cant lose. Its the tried and tested Linksdean strategy to affluence :)
BobtheBeagle
Posts: 10
Off Topic
Opinion:No Opinion
Price:1.30
View Thread (3)
RE: Buy is a Sell..!
Sat 00:31
Thanks honestsid. Caution is the word.
linksdean
Posts: 1,971
Off Topic
Opinion:No Opinion
Price:1.30
mall
21 Nov '14
exactly...aul shot themselves in the foot!!..ha

1,5mmcfd is the bench mark for a horizontal well to be commercial mate.....3legs were after 1.5 ceo stated.....
mallorca
Posts: 172
Off Topic
Opinion:No Opinion
Price:1.30
Rawicz
21 Nov '14
Can someone explain to me why Rawicz would be regarded as being commercial if a gas flow of 1.5 mmcf/d were to be achieved, but Aurelian threw the towel in over Sierkierki despite having flow rates of over 3 mmcf/d. They also knew that most of this flow was coming from only the heel of the horizontal in Trezk3, which means that had the rest of the fracs been successful the flow rate would have easily been in double digits.
honestsid
Posts: 98
Off Topic
Opinion:No Opinion
Price:1.30
Interesting Article
21 Nov '14
A bit off topic but read on. Sums up some the difficulties of doing business in Poland. I have said in the past that SLE have been slowed down by Polish "ways".

The founders of Darley also control 3Legs Resources , which earlier this year sold its Polish shale gas business in which it was partnered with ConocoPhilips.

http://www.reuters.com/article/2014/11/21/minerals-kghm-polska-poland-idUSL6N0TA5YT20141121
honestsid
Posts: 98
Answer
Opinion:No Opinion
Price:1.30
View Thread (3)
RE: Buy is a Sell..!
21 Nov '14
Perhaps I didn't press the send button, thought I had replied to this.

Thanks for pointing this out BobtheBeagle. Many people make this mistake until its explained properly.

Your buy was a buy to you but it is classified as a sale, like when you buy a tin of beans from the shop. They record it as a sell. The accounting that the shop has to do records it as a sell for the tax man. You have bought from a retailer of shares so they report it as a sell.

There are posters who shout about big numbers of shares being bought and complain that despite all the buys the price is falling, they blame market makers manipulating the SP when in fact it is the poster who is incorrect with their interpretation. In my opinion its not inconceivable that some posters may try to cover up the fact that there is a lot of selling going on by exploiting private investors lack of knowledge.

We all need to be careful about what we believe when reading prolific posters information, posters that only ever have offered one sided information and other strangers posts.

As the moderator warns "Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

hope this helps.
honestsid
Posts: 98
Answer
Opinion:No Opinion
Price:1.30
RE: banned
21 Nov '14
No linksdean, that is what you are saying. I said nothing of the sort.



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