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London South East Natural Resources Webcast


San Leon Share Chat (SLE)



Share Price: 29.00Bid: 28.50Ask: 29.50Change: 0.00 (0.00%)No Movement on San Leon
Spread: 1.00Spread as %: 3.51%Open: 28.50High: 28.70Low: 28.50Yesterday’s Close: 29.00


Share Discussion for San Leon


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Brotherseven
Posts: 1,017
Off Topic
Opinion:No Opinion
Price:29.90
RE: Frus you were right.
9 May '18
A leopard never changes its spots.
 
honestsid
Posts: 1,924
Question
Opinion:No Opinion
Price:29.90
Frus you were right.
9 May '18
you were oh so right to wonder how many more skeletons were in the closet.

This is one hell of a skeleton, some sort of giant dinosaur.

Now that those that tried to belittle you have egg on their faces and are walking around with their flies undone, will you come back and post more of your words of wisdom please.
honestsid
Posts: 1,924
Question
Opinion:No Opinion
Price:29.90
Fanning Said
9 May '18
Fanning said ....." all material problems with creditors and litigation are behind us."

And of course, I am sure he believed in what he was saying in that RNS of 23rd April.

There you go bandit1, there's your answer, same old story.
honestsid
Posts: 1,924
Observation
Opinion:No Opinion
Price:29.90
RE: RNS
9 May '18
Thanks Oisin, seems to prove me right and makes all those calling me names look very very foolish indeed.

Could you please issue an RNS before I prompt you in future.
honestsid
Posts: 1,924
Observation
Opinion:No Opinion
Price:29.90
RE: More Info Foor Book Worm
9 May '18
Bluerill, thanks for pointing out I may be right, and yes there certainly is a connection to SLE within the article if you read it properly, its more than a " faintest connection" True or false.

The quantum as you so eloquently put it is clearly not the same amount as you state they put into the deal. The article has clear "quantums" mentioned. Original debt = $53,839,123, article states claim is for $47,689,123 . Again read the article thoroughly and carefully.

And my experience of this sort of thing is that an RNS is rushed out, its required by the rules, to stem any market manipulation.
redeyemines
Posts: 358
Off Topic
Opinion:No Opinion
Price:29.90
RNS
9 May '18
San Leon Energy plc

("San Leon" or the "Company")

Comment on News Article

San Leon Energy plc, the AIM listed company, focused on oil and gas development and appraisal in Africa and Europe, notes a media article in the Nigerian press relating to a claim by SunTrust Oil ("SunTrust") in respect of alleged payments due for the sale of their shares in Martwestern. The Company confirms it has received an application from SunTrust seeking leave (asking for permission) from the High Court Nigeria Holden to serve a petition outside the jurisdiction of Nigeria in respect of alleged amounts due.

Having taken legal advice, the Company believes the claim has no foundation (there being no outstanding liabilities to SunTrust from San Leon following the issue of San Leon shares to SunTrust in September 2016), and additionally the Nigerian courts lack jurisdiction for any such claim. The Company confirms it has instructed its Nigerian solicitors to file objections restraining the applications of SunTrust. This would have the effect of striking out the applications.

Enquiries:

San Leon Energy plc
bluerill
Posts: 15
Off Topic
Opinion:No Opinion
Price:29.90
View Thread (3)
RE: More Info Foor Book Worm
9 May '18
Yes, you might be right. But then you MIGHT have nary a clue what you're writing about because you MIGHT well harbour Trump-like ambitions to get to the point where nothing you write need have the faintest connection to anything coherent, just so long as you deliver it with sufficient bile. The 'claim' these guys are making - if, as I have already written, is a big, unconfirmed IF - a genuine claim in court, the quantum is clearly the entire amount they put into the deal in the first place. There is simply no other possible explanation. And because there is no other explanation, as well as the fact that (again as already discussed) SunTrust received shares in SLE in exchange for those funds - as with every frickin' investor in the history of equity markets, by the way - there is considerable evidence already that this claim or more likely, the 'article' itself, is bogus. Not unlike your response. As for a 'denial' from the company, see once again, current AIM rules on disclosures. Just getting a NOMAD to agree to publishing the date in an RNS takes 10x the time it once did. The 'denial'/explanation will come, but at the NOMAD's pace unfortunately, not ours.....
honestsid
Posts: 1,924
Question
Opinion:No Opinion
Price:29.90
RNS
9 May '18
14.30hrs and no confirmation or denial. I would have thought it would be very important for the powers to be, Nomads, Brokers, SLE, for christ sake I would have thought the newly appointed Cantor Fitzgerald would have jumped on this one way or another, even if only to protect their own reputation.

We will not know how much truth is in the press article until we get an official RNS. When will that happen?
honestsid
Posts: 1,924
Answer
Opinion:No Opinion
Price:30.00
RE: Resumption of Trading RNS 23rd ..
9 May '18
Fanning said ....." all material problems with creditors and litigation are behind us.

Its well recorded that Fanning has said a lot of things in the past, many that have not materialised, although of course I am sure he believed in what he was saying at the time, of course.

Thanks for pointing that statement out. We will need to see an official statement from SLE to see if he was correct or not about that. And of course, I am sure he believed in what he was saying in that RNS of 23rd April. Without a doubt!
honestsid
Posts: 1,924
Answer
Opinion:No Opinion
Price:29.50
RE: I'll say it again-Honestsid
9 May '18
Already answered that one, did you not understand? Try reading my answer again, it may help.




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