"San Leon has been informed by Eroton that the timing for the satisfaction of these conditions is influenced by the receipt by Eroton of the outstanding balance of historic cash calls from the Nigerian National Petroleum Corporation."
It makes no difference as to what the production figures may or may not be as SLE get no money until NNPC pay to EROTON, its a complicated deal that has many pieces in the jigsaw. Until all the pieces fit then SLE get no money from any production that is (or isn't) happening. Happy to be corrected. Correction is NOT getting my post removed because you fear what it states and need to remove honest opinion before people find out the truth.. LOL
Another 1.5 mio shares - where does Tosca keep getting them from - who's selling to him - is it the guys who cashed in their warrants at 30 p or what - you don't pick up those quantities from down the back of the sofa?
SLE RNS. "San Leon has been informed by Eroton that the timing for the satisfaction of these conditions is influenced by the receipt by Eroton of the outstanding balance of historic cash calls from the Nigerian National Petroleum Corporation."
FROM WWW "A former head of Nigeria’s state-run oil company is under investigation after almost $10 million in cash was found at a property he owns."
Sid, if I accept your explanation that the SP hasn't risen since you & your cronies were predicting doom at 24p, can you clarify whether it's risen at all since you were doing the same at 43p the other week.
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