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Ian Williams, from Charteris Treasury, talks about investments in gold and silver Watch here

Ian Williams, from Charteris Treasury, talks about investments in gold and silver


San Leon Share Chat (SLE)



Share Price: 55.00Bid: 55.00Ask: 55.25Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.25Spread as %: 0.45%Open: 55.00High: 55.50Low: 54.50Yesterday’s Close: 55.00


Share Discussion for San Leon


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Callasjunkie
Posts: 237
Off Topic
Opinion:No Opinion
Price:55.00
Applicable Law?
19 Mar '17
I believe San Leon is a company incorporated in Ireland and subject to Irish company law. Under Irish law, the relevant buy-out hurdle is 80%. I dont think being quoted on AIM changes this but could be wrong.
 
Brotherseven
Posts: 508
Off Topic
Opinion:No Opinion
Price:55.00
RE: I understand
18 Mar '17
I beg to differ but you can continue to argue the toss with SJ,don't believe anything this company says the NPCC and Nigeria is just another in a litany of projects that never materialise and as for the 'squeeze 'well do you really think that Tosca is here for the benefit of small retail investors?fortunately most of my portfolio is in the FTSE100 where there is accountability unlike the AIM casino which is purely for the hedge funds to milk small PI's and the day traders to play.All IMHO.GL
quelfromage1
Posts: 321
Answer
Opinion:Hold
Price:55.00
View Thread (2)
RE: I understand
17 Mar '17
I agree but what I posted backs up the argument that a squeeze is unlikely now IMO so it's not irrelevant.
SloppyJoe
Posts: 4,307
Off Topic
Opinion:No Opinion
Price:54.875
I understand
17 Mar '17
That everyone's tired of the arguing but the squeeze thing is simply an invented topic for people to worry about. It doesn't need to be discussed at all.

Difficult to see around it at times but that is their objective. That and the tiresome arguments of course.
quelfromage1
Posts: 321
Off Topic
Opinion:No Opinion
Price:55.75
View Thread (3)
RE: Although
16 Mar '17
At the rate that TF are purchasing shares (averaged from Dec 28 to now) it'll take about 1 year to reach 80%.

If TF were to join forces with other major holders to reach 80% it would require 3 others plus TF based on the %holdings reported on SLE web site.
fracker
Posts: 171
Off Topic
Opinion:No Opinion
Price:55.75
View Thread (2)
Other explorations
16 Mar '17
Can anyone tell me what has happened regarding the oil exploration in Morocco and the exploration in other areas such as Algeria, Ireland etc. also there is little talk about fracking which was paramount to the company's success several years ago. Do all our hopes rest in Nigeria.?
Brotherseven
Posts: 508
Off Topic
Opinion:No Opinion
Price:55.00
RE: Although
15 Mar '17
Assuming that it is large institutional buying which is patently obvious what are the implications for small retail investors like yourself?will you top up , given your consistently positive stance and unperturbed by the NPCC dimension ?that said any significant news re the Chinese DD?surely completed?or dare I say it...............
SloppyJoe
Posts: 4,307
Off Topic
Opinion:No Opinion
Price:55.00
Although
15 Mar '17
I see Sid's interpretation has moved on from the days when he used to insist it was a sell off, rather than institutional buying.

Now it seems to be sinister institutional buying...
SloppyJoe
Posts: 4,307
Off Topic
Opinion:No Opinion
Price:55.00
QF
15 Mar '17
Quite right chief.

Though what it might mean is clearly open to interpretation.
quelfromage1
Posts: 321
Off Topic
Opinion:No Opinion
Price:55.00
RE: Massive trade
15 Mar '17
SJ this big trade is different as there's no matching buy/sell at the same price reported.




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