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San Leon Share Chat (SLE)

Share Price: 2.40Bid: 2.25Ask: 2.40Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.15Spread as %: 6.67%Open: 2.25High: 2.45Low: 2.25Yesterday’s Close: 2.40

Share Discussion for San Leon (SLE)

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Posts: 36,301
Opinion:No Opinion
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RE: Muppets
Thu 17:20
Thanks for that Sid, because I bought a few of your sells....... time will tell to see who is right or wrong, but obviously I believe you are wrong .........

quite a lot of news coming up before the end of the year to make that statement and I would be very disappointed not to see 3p plus by the end of the year ;)
Posts: 85
Premium Chat Member
Off Topic
Opinion:No Opinion
Oil Price Futures
Thu 15:52
There may be some comfort in the following, posted on THE TSX (BKX) BLOG;

Kramer says margins/ hedges causing oil price

Cramers Version, Why oil price has Dropped

Investors tend to assume that when the price of oil tanks, as it did today with its $4 decline, than there must be something wrong with the fundamentals.
What if it the oil market is just like the stock market, and the buyers and sellers are actually controlling the market?

Cramer doesn't think this is a ridiculous idea. He suspects that the real force that is controlling the price of crude is the buyers and sellers themselves, as a result of forced liquidations and margin calls among overly bullish hedge funds. To gain further clarification the "Mad Money" host turned to Carley Garner, technician and co-founder of DeCarley Trading to explain how this could really happen.

According to Garner's research—based on a chart of the West Texas crude that shows CFTC's commitments of the big institutional players—in June, speculators were holding net long positions in crude futures. When the price in oil began to fall, the speculators in the market began to suffer losses as a result. However, the hedge funds selling crude did not sell, and are now being forced to sell because they bought these future contracts on margin. Now that the value of these contracts has dropped, the margin clerks at investment banks are requiring them to put up more capital or sell their positions.

Garner indicated that the price of oil may continue to go down until these forced liquidations are completed. "Worse case, Garner sees oil bottoming in the high $70s, and at that point, she expects a big rebound, because crude is already in incredibly oversold territory that almost demands a bounce," Cramer said.

Here is the good news: Cramer thinks that as soon as the weak handed bulls have finished selling, the markets will reverse when they are flushed out.

Posts: 3,070
Off Topic
Opinion:No Opinion
View Thread (3)
Thu 15:30
We'll see I suppose.

127k shares at 1.945p.

I'll let you know when I sell them...

And how much I make.
Posts: 3,070
Off Topic
Opinion:No Opinion
Just had
Thu 13:37
a cheeky 127k top up.

Buy when there's blood on the streets Gentlemen (and you other types).
Posts: 147
Off Topic
Genel - sp struggling down
Thu 13:25
Genel Energy will issue its interim management statement for the third quarter on 13 November. Genel will host a capital markets day for analysts and investors in London on the same day, starting at 1400 (GMT).

A live webcast will be available on the website (, and will be available for download with the presentation shortly afterwards.

At 9:08am: [LON:GENL] Genel Energy share price was -14.25p at 675.75p

- See more at:
Posts: 67
Off Topic
Opinion:No Opinion
View Thread (2)
RE: barnaby
Thu 13:09
Cheers links. Can't wait for next week as, apart from anything else, it will mean that this crap week is over!!
Posts: 1,441
Opinion:No Opinion
Thu 12:34
Reminds me of the guys stacking the deckchair on the Titanic I admire and pity in equal measures..

Any production yet ?

Posts: 2
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Opinion:No Opinion
View Thread (2)
RE: from the broker advfn
Thu 12:28
Enough of this BS! I live in the Middle East and can tell you that this type of news is never first announced over the radio !

A 'friend' heard it from 'expats' who heard from a 'work colleague' who heard from a 'Radio'! How convenient! These type of rumors do not benefit anyone except those that spread them! Where are the stock market regulators?
Posts: 1,826
Off Topic
Opinion:No Opinion
Thu 11:43
Kulczyk is to build new gas pipelines, which they supply Ukraine?

16-10-2014 06: 55 am

Polenergia wants to build a new gas connection on the border of the German-Polish and Polish-Ukrainian, so that Ukraine would be able to receive in the future billions of cubic meters of gas from the West. The company wants to implement the project with the Ukrainian Naftohaz.

Polenergia is a company that, among other things. the construction of wind farms and the provision of biomass fuel. The company wants to invest in the construction of gas pipelines and gas connections on the Polish border with Germany and Ukraine that Kiev will be able to buy large quantities of gas to the West. Ukraine currently buys relatively small amounts of gas to the EU, which are delivered using among others. Polish gas pipelines.

He says the company's Vice President of Radosław Dudziński, from June this year, the company has partnered with Naftohaz. "The idea that we have achieved together is to create a gas corridor West-East. As part of this corridor we want to more strongly connect Ukraine with the European gas system. This creates new opportunities for new LNG terminal in Świnoujście, because the Ukrainians do not hide that they are interested in the gas supply at the level of 8-10 billion cubic meters. This is a project that will be beneficial for all, "said PAP during the Baltic Business Forum.

Cost of the project is estimated at 440-460 million euros. "We want to build a natural gas pipeline that will connect the German gas network in the vicinity of Berlin through the Polish-German border with Poland, in the vicinity of the gas network Świnoujście. The second pipeline will run from the Drozdzowicz on the Polish-Ukrainian border to Ukraine's gas network in the vicinity of the underground gas storage Bilche Zolote-Wolica, "he explained. The magazine is able to accommodate 17 billion metres six. gas.

As he added the bandwidth of the German-Polish gas pipeline will be on level 5 billion feet six, and Ukrainian-8 billion yards six. expandable to 10 billion metres six. In turn, the Polish to Germany will be able to send 3 billion cubic meters a year.

He added that Polenergia is ready to sell Polish Poland connections episode-Germany-Gas system. "For this reason, that the Polish law says clearly-in Poland operates one transmission system operator," he explained.

In his opinion the realization of investments will increase the safety of Polish gas as well, which will be able to use Ukrainian gas storages for the collection of raw materials there. "It will improve the Polish negotiating position when in the future you will need to sit down to the table and negotiate what next after jamalskim contract-will there be a new contract with Gazprom and under what conditions," he pointed out.

Dudziński believes that the gas pipeline Poland-Germany co

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