My post from Monday doesn't appear to have been received with any hostility, with the exception of yourself of course. This obviously comes as no surprise as you have Taken every opportunity to insult me and question my integrity since you first started posting. Your hopelessly negative outlook has also been entirely consistent throughout your history, even though the company has changed considerably (in some respects for the worse) during that period.
I have always been willing to acknowledge the company's shortcomings, whilst maintaining an optimistic view. The past failings of the BOD can't be denied but for me, at this price, this company represents a very realistic opportunity for substantial returns. The fact that you can't see this suggests, if we take your sentiment as genuine, that you don't understand the company you claim to be invested in.
Fanning's financial excesses have been well documented here but I feel that this has now been curbed and the company now seems to be run under a more sensible method of financial control. The tie in with PNR has proved successful and they have delivered on their promise so far - this is an obvious change compared to some of SLE's history of delivery on its projects. The company appears to be on a sound financial footing following the last placing, which again is an improvement on how the company has been previously.
But all these changes aside, I feel that the company's history of financial mismanagement has provided ample opportunity to test the financial backers faith in the assets and each time they appear to have given them a ringing endorsement. The fact that there's a rumble of a TO in the background also suggests the value case stacks up, so I think we've every reason to be confident in the upside.
Your post Mon 18:14...You say "It might be nice for this to stop but I suspect it wont yet".. Your request might have been more well received if it had not been preceded by accusing other posters of being senseless irrelevant and abusive.....But putting that on oneside you say you would be very willing to listen to anyone who wishes to offer any genuine doubts or problems with the investment case as it stands. Thats very benevolent of you joe , I'd like to take you up on willingness to listen but first let me say in view of many things that have happened in the past I am not interested in what kind of ground were going to drill in (sandstone clay etc) nor anything else tech: Thats for the experts to know SLE PNR...Me I'm just invested here, I dont need to know how to get it out or hou much it's expected to be...Wev'e heard all that for 4years and more. ONLY thing I'm interested in now is sp. So my genuine doubt's and problem is this. Why do you think that this time is any different to any of the many time's we have had before when we have had promise's of big success..Also why does the wider world not think so, as reflected in the sp. Since consolidation was first mentioned the sp has in today's money dropped from £1:20 to 54p. These are genuine question's Joe Not intended as any kind of oneup manship your genuine opinion appreciated.
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