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San Leon Share Chat (SLE)



Share Price: 0.902Bid: 0.87Ask: 1.10Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.23Spread as %: 26.44%Open: 0.902High: 0.00Low: 0.00Yesterday’s Close: 0.902


Share Discussion for San Leon (SLE)


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haifwit
Posts: 3,045
Answer
Opinion:No Opinion
Price:0.90
honestsid
27 Jun '15
Erm yes I want sle to be successful

Thats what investing is all about

not everytime you post on the bb or anyone else for that matter being attacked

I know you are banned from ii under sidhonest but really to be so vindictive
 
honestsid
Posts: 483
Off Topic
Opinion:No Opinion
Price:0.90
View Thread (2)
RE: Very sad
27 Jun '15
3023 posts by Cousin halwit, and non of them have any thing to do with SLE, just posts attacking people who dont agree with full time positivity.

Whats he up to?

Very sad to see.
haifwit
Posts: 3,045
Answer
Opinion:No Opinion
Price:0.90
View Thread (2)
Very sad
27 Jun '15
All the posting with negativity

And personal attack

And bullying very sad to see
Brotherseven
Posts: 66
Off Topic
Opinion:No Opinion
Price:0.90
non holder
27 Jun '15
Certain posters quite clearly post here with a questionable agenda.Were one so confident of their investment,why bother,unless one has an entirely different agenda.With the SP always testing new lows,fact,how long before this company is delisted?july?
ct2000
Posts: 535
Observation
Opinion:No Opinion
Price:0.90
View Thread (2)
RE: Fri................IF
27 Jun '15
guess they never thought they would be able to buy a large tranche of shares at a discount to the market price. One thing for certain is that TOSCA doesn't care about the small shareholders. I can understand why TOSCA are buying but what puzzles me why the other buyers are, maybe they believe the published net asset or are just going to follow TOSCA to share out the carcase at a rock bottom prices, don't know so only MO.
frus
Posts: 1,356
Off Topic
Opinion:No Opinion
Price:0.90
Sorry
27 Jun '15
Found one.....The post below is Links Fri on iii
frus
Posts: 1,356
Off Topic
Opinion:No Opinion
Price:0.90
View Thread (2)
Fri................IF
27 Jun '15
Tosca had any intentions to take sle it could do so without all this messing about..it has the clout to take this well below what sp has ever gone down to.then take it out...so imo no!
ct2000
Posts: 535
Observation
Opinion:No Opinion
Price:0.90
View Thread (2)
RE: USE OF PROCEEDS
27 Jun '15
The company plans to raise 29 mill, the placing will cost 1 mill, from the plan above they intend to spend 27mill, may not spend the full 4 mill for Rawicz but drilling costs normally overrun so lets leave the figure at 27 mill. That leaves the company 1 mill for the overhead since the beginning of the year until cash flow in 2016 IF it will be towards the end of the year, of course u have to ignore the 13mill plus for Avobone. If it all looks familiar, it is, remember the Turkey deal where the cash raised for drilling was simply diverted to pay the overhead.
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:0.90
View Thread (2)
USE OF PROCEEDS
27 Jun '15
The Company intends to use the net proceeds from the Placing as follows:
l To provide any capital requirements to target cash flow from the Rawicz and Siekierki fields. Given
that the next well on Rawicz will be at no up-front cost to the Company, and activity on the first
three Siekierki wells is fully carried, such net capital requirement is likely to be £2 to 4 million, with
cash flow from production expected to begin in 2016. The intention is to secure project finance to
cover most, or all, of these costs, so funds will be a back-up to such financing.
l To drill some of the most promising prospects that the Company has generated over the past five
years, including an onshore Tertiary play on the Tarfaya licence in Morocco (approximately
£3 million), and a well on the Durresi block in Albania (where the offshore carbonate target will be
accessed by directional drilling from an onshore location, approximately £5 million). Both wells are
expected to be drilled in 2015.
l To provide general working capital, including licence maintenance and technical evaluations
together with discharging creditors.
l To apply the balance of net Placing proceeds of up to £15 million to funding the Company’s share
of farmed-out projects should there be any such costs, as well as to target any low-risk acquisition
opportunities in the current market climate.
frus
Posts: 1,356
Off Topic
Opinion:No Opinion
Price:0.90
Where
27 Jun '15
Is Links....Has anyone seen any posts from him on any other bb. Or has he packed his bags and is at the airport





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