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HUM CEO updates on the Yanfolila Gold Project now fully funded. Watch here

HUM CEO updates on the Yanfolila Gold Project now fully funded.


San Leon Share Chat (SLE)



Share Price: 43.00Bid: 42.00Ask: 45.00Change: -1.00 (-2.27%)Faller - San Leon
Spread: 3.00Spread as %: 7.14%Open: 43.00High: 43.00Low: 43.00Yesterday’s Close: 44.00


Share Discussion for San Leon


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honestsid
Posts: 1,367
Answer
Opinion:No Opinion
Price:43.00
RE: Years and Years to pay back
22 Nov '16
If they would tell me then they would tell everyone. They are notorious for not replying to queries from private investors.

They obviously don't want it to be public information or they would have told me already by publishing it in the public domain.

Tell you what pspeedo, you drop them a line and let us all know how you get on. Good Luck on that one.
 
Pspeedo
Posts: 61
Off Topic
Opinion:No Opinion
Price:43.00
Income/revenue
22 Nov '16
Will be used to pay eroton's loan and all their other undertakings profit is what is left after this and tax taken out.

The $68 million and whatever since has been accuring and for sle to have guarantees from all involved and legally binding it looks ok and only payments as sle state by end of 2016 will end this confrontation between holders and company bashers.

But as I have posted only the known company badgers seem to have a problem with anything sle but think genuine shareholders should take them seriously.

I for one do not take nothing you say as credible
Pspeedo
Posts: 61
Off Topic
Opinion:No Opinion
Price:43.00
RE: Years and Years to pay back
22 Nov '16
You seem to have a problem here then Sid so instead of working up a steam why not ask sle themselves, I'm sure they will then tell you if your genuine which I doubt. But for genuine holders knowing that the income generated was for 6 months not a year as eroton only took over from shell march 2015.

The lenders must be ok with what is being paid back so no worries unless your here for the smear which by your history and problems with sle management in the past you are!.

Production has increased by 100% since December from those figures given, so seeing that all involved from the sle camp would have gone over this with a very fine tooth brush! Including tosca then I can't see any problems, seems only sid&Sons do have the problem here making you look very suspiciously not the genuine article!
honestsid
Posts: 1,367
Observation
Opinion:No Opinion
Price:43.50
Years and Years to pay back
22 Nov '16
The outstanding balance of the RBL is currently approximately US$630 million.

from pspedo figures " eroton revenue was $185million " So revenue seems to be nearly 3.4 x less than needed.

If we go by profit as fact, $68 million then that would be 9.26 x less than needed. A more realistic figure.

So Nearly 10 years to reach the sufficient fund figures.

A guess of course as SLE seem to be reluctant to release the actual figure. For some reason.
honestsid
Posts: 1,367
Observation
Opinion:No Opinion
Price:43.50
RE: Re Tosca
22 Nov '16
PS pedo as you state I am not a holder when you couldn't possibly know, I ask what else are you prepared to lie about to win an argument?
Pspeedo
Posts: 61
Off Topic
Opinion:No Opinion
Price:43.50
RE: Re Tosca
22 Nov '16
And who cares what tosca knows most ii's know more than pi's and tosca have paid £97 million for that. Sid&Sons don't hold a knats crust between them, and are only here for the smear!..

SLE receives preferential payment on US$173 million BidCo issued notes and interest..
Pspeedo
Posts: 61
Off Topic
Opinion:No Opinion
Price:43.50
RE: Re Tosca
22 Nov '16
Sorry to disturb the non holders tea party!

But I think your over looking something here that is if eroton revenue was $185million then whatever the figure is regarding rbl and dsra is taken out of that and the profit obviously is what is left from all undertakings
and available to sle starting from end of 2016.

"Payments from BidCo commencing at end of 2016 and paying quarterly "

The funding and acquisition mechanism provides the Company with protect via the existing hedging arrangements, which are currently at a strike of ~$95/bbl less costs of ~$3/bbl, with ~6mm bbl existing under contract.

6mm bbl existing under contract @ $91.50= mega $$$millions to eroton!!..

Eroton will be 50% owned by Martwestern
(100% owned by BidCo)

Martwestern is entitled to a 90% share of distributions

eroton..2015 Revenue US $184.4 million*, 2015 Profit after tax US $65.7 million*

*Revenue and profit generated includes income from $95 per barrel hedge
*Eroton Audited Financial Statements 31 December 2015

SLE receives preferential payment on US$173 million BidCo issued notes and interest

Payments from BidCo commencing at end of 2016 and paying quarterly
frus
Posts: 1,818
Off Topic
Opinion:No Opinion
Price:43.50
View Thread (2)
Re Tosca
22 Nov '16
Tim, by making responses such as this instead of answering a perfectly normal question that most pi's will want to know. You bring into doubt the abilities of your own frontal lobe......Why didn't you just say brainless then everyone could immediately appreciate what a rude and pointless reply that was.
honestsid
Posts: 1,367
Observation
Opinion:No Opinion
Price:43.50
RE: Tosca
22 Nov '16
Tim, by your response, although unnecessarily rude, I presume you think Tosca do know what the "sufficient funds" figure is.

If that is the case why do you think the ordinary shareholder has not been given the same information about this extremely important mysterious figure?

I would guess that private investors would be very reluctant to invest in SLE without this vital information. which of course would effect your investment.

But It doesn't seem to worry you, why is that?
Timbremner
Posts: 140
Off Topic
Opinion:No Opinion
Price:43.50
RE: Tosca
22 Nov '16
Do you really think tosca are that stupid? Such a question is more a reflection of sid and fru's lack of prefrontal cortex, or any cortex.




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