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San Leon Share Chat (SLE)



Share Price: 29.125Bid: 28.00Ask: 29.75Change: 0.00 (0.00%)No Movement on San Leon
Spread: 1.75Spread as %: 6.25%Open: 29.125High: 0.00Low: 0.00Yesterday’s Close: 29.125


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Infapound
Posts: 390
Off Topic
Opinion:Hold
Price:29.125
View Thread (3)
Relevant / irrelevant?!?
13 Jun '16
Next RNS is all that counts!!

Let's all STF up

GLA
 
honestsid
Posts: 929
Research
Opinion:No Opinion
Price:29.125
RE: ceasefire in the Delta
13 Jun '16
Monday, June 13, 2016
PRESS STATEMENT

The high command of the Niger Delta Avengers (NDA) is using this medium to restate that there are no new items to put on the table for dialogue, we only want a genuine attitude and conducive atmosphere that will make us commit to any proposed dialogue and last peace talk. We want the federal government to commit members states of the multi national Oil Corporations to commit independent mediators to this proposed dialogue; we believed that it is only such environment that will engender genuine dialogue that will be aimed at setting up a framework for achieving the short, medium and long term demands of the Niger delta to de-escalating this conflict and bring about a lasting peace.

The NDA high command is restating our commitment to attack the interest of oil corporation and international refineries operators that bring in vessels to the Niger delta territory to buy our oil that every successive government have refused to used and reapply the proceeds towards any development in the region since 1958. If they refuse be heed to our advice will result to sinking of two their mother vessel as an examples to others They should not undertake any repair of pipeline, oil and gas facilities that is damaged or attacked by our forces during this period of “Operation Red Economy” until and/or after the dialogue.

We are using medium to warn and condemn the activities of all brands of social media agitators being peddled around by some politicians to promote their criminal ways in affairs of the Niger Delta. This genuine spirit behind our struggle for the Niger Delta cannot be derailed on the basis of connivance by politician, traditional rulers, settled ex- agitators and criminals moving around to fill their pockets.

The issues of the Niger delta are as old and as new as the days of Pa. Dappa Biriye, Major Jasper Isaac Adaka Boro, to Ken Saro Wiwa and the government of President Musa Yar’ Adua. We are warning this government of President muhammadu Buhari, not to turn the essence of genuine peace talk and dialogue to political jamboree that is prevailing now where all manner of social media agitators and criminals have being sponsored by the job seeking corrupt political class to safe faces before the government of the day.

Finally, if need be we may review our earlier stance of not taking lives. We are going to redirect and reactivate all our activities if the government, oil companies and their services firms don’t heed to these modest warnings of not carrying out any repairs works and suspend the buying of crude oil from our region as we await the right atmosphere that will engender genuine dialogue “ We Want a peace with Honour not a Peace of our time”

Thanks
Brig. Gen Mudoch Agbinibo
Spokesperson
honestsid
Posts: 929
Research
Opinion:No Opinion
Price:29.125
RE: ceasefire in the Delta
13 Jun '16
Could be good news for us. Here is the official NDA press statement.from today, a bit more up to date than the link links gave you redeye. By the way, nice to see you back, you haven't been around for a month. Any reason why you popped in all of a sudden with a cut and paste from the banned poster?

http://www.nigerdeltaavengers.org/2016/06/press-statement.html

This bit seems to be rather threatening still...

"The NDA high command is restating our commitment to attack the interest of oil corporation and international refineries operators that bring in vessels to the Niger delta territory to buy our oil that every successive government have refused to used and reapply the proceeds towards any development in the region since 1958. If they refuse be heed to our advice will result to sinking of two their mother vessel as an examples to others They should not undertake any repair of pipeline, oil and gas facilities that is damaged or attacked by our forces during this period of “Operation Red Economy” until and/or after the dialogue.

We are using medium to warn and condemn the activities of all brands of social media agitators being peddled around by some politicians to promote their criminal ways in affairs of the Niger Delta. This genuine spirit behind our struggle for the Niger Delta cannot be derailed on the basis of connivance by politician, traditional rulers, settled ex- agitators and criminals moving around to fill their pockets."
honestsid
Posts: 929
Off Topic
Opinion:No Opinion
Price:29.125
RE: Deadcat
13 Jun '16
So many forward looking statements that never actually lead to what they said they would is what made me realise it was time to sell.

Lets see if we get the promised dividend payments, if of course Nigeria does complete. They wont be coming from Poland I guess.
redeyemines
Posts: 249
Off Topic
Opinion:No Opinion
Price:29.125
View Thread (2)
ceasefire in the Delta
13 Jun '16
Posted on iii by Links.
-
-Militancy: FG, N’Delta Avengers Make Contacts

June 13, 2016

By Bolaji Adebiyi and Ejiofor Alike

Prospects for peace in the troubled oil-rich Niger Delta region brightened at the weekend as the federal government, using back channel communications, may have established contacts with the militant group, the Niger Delta Avengers, whose violent activities had shut in about 800,000 bpd of the country’s crude oil production.

Faced with the huge production setback resulting in huge revenue losses to the nation’s purse, the federal government had set up a team under the auspices of the National Security Adviser, Maj-Gen. Babagana Monguno, and the Minister of State for Petroleum Resources, Ibe Kachikwu, to reach out to the militants and other relevant stakeholders and discuss ways of appeasing the restive youths and bring peace to the region.

To pave the way for the work of the committee, Acting President Yemi Osinbajo had met with the governors of the region, including Seriake Dickson (Bayelsa); Adams Oshiomhole (Edo), Ifeanyi Okowa (Delta); Nyesom Wike (Rivers) and Olusegun Mimiko (Ondo) last week, stating the federal government’s position to stand down the military that had been drafted to the area to enforce law and order.

Thisday learnt yesterday that the peace efforts were yielding fruits as Kachikwu might have established some contacts with some of the commanders of the NDA, who had initially repudiated the move, preferring to hang on to its demand for self-determination for the Niger Delta.

The contacts, Thisday further learnt, might have been responsible for the cessation of bombings of oil installations in the last few days, as the avengers were being prevailed upon by FG’s back channels contacts to give peace a chance by embracing dialogue.

Sources close to the process, told Thisday that evidence that progress was being made was the Movement for the Emancipation of Niger Delta’s (MEND) consistent calls for dialogue instead of violence.

Using its own channels, MEND was said to have intervened on behalf of Kachikwu’s team, reaching out to its fellow militants to give the federal government a listening opportunity.

MEND said yesterday though that it was taking advantage of the olive branch offered by the federal government for dialogue and had appointed a former Minister of State for Petroleum, Odein Ajumogobia; a former senator, Florence Ita-Giwa; Bismark Rewane and four others as members of its team that will hold talks with the government on the crises in the Niger Delta.

The spokesman for MEND, Jomo Gbomo, said in a statement yesterday that it looked forward to the talks, stating that while Ajumogobia would represent Rivers State in the negotiating team, Rewane and Ita-Giwa would represent Delta and Cross River States, respectively.

According to the statement, other members of the team, it tagged Aaron Team, are Timip
Deadcat1
Posts: 110
Off Topic
Opinion:No Opinion
Price:29.125
RE: Deadcat
13 Jun '16
Sid, unlike you I wasn't responsive enough to sell at the best opportunity. However, I'm only moderately invested, so whilst the current situation is a pain in the butt, it's not catastrophic. I've effectively written off my investment here so anything from £1 upwards on open I'll be content with.

However, it is difficult not to get caught up in the hype, but I've been around long enough not to start crowing until the fat lady sings, although it seems she's suffering from tonsillitis at the moment.
Callasjunkie
Posts: 175
Off Topic
Opinion:No Opinion
Price:29.125
RE: Ha!
13 Jun '16
I guess if you keep repeating an inaccuracy often enough, you get to believe it.

SLE arent currently earning 17% on $100m, Toscafund are. Your fundamental misrepresentation of RNS to date.
honestsid
Posts: 929
Off Topic
Opinion:No Opinion
Price:29.125
Deadcat
13 Jun '16
Yep, believe it or not I am also (very) cautiously optimistic that SLE may at least survive a bit longer.

However I doubt any long term holder will ever get anywhere near all their money back. I am lucky enough to have seen the light a few years ago and sold the vast majority of my shares and cut my losses. The money was re-invested and again I was lucky to make my SLE loss back. I kept some SLE for "academic" reasons.

Those lucky enough to have bought in a few weeks before suspension should at least see a nice profit, good for them. But they need to be cautious about what is spouted off on these BB's and need to consider selling out quickly, take a real profit rather than hanging on for more. Its our human greed that makes us inclined to believe the hype spouted here and there and think there's more to come. The FCA have a new department investigating stockpuppetry, they will all get caught one by one, along with their puppet masters, whoever they may be, its a new crime and its just a matter of time apparently.

I know this statement will be ammunition for Smithy to badger me with later, but I think I may go short on SLE soon after the suspension is lifted. Join the big guys in the know, get my money back.

Good luck Deadcat.
smithy91
Posts: 339
Off Topic
Opinion:No Opinion
Price:29.125
Ha!
13 Jun '16
more disingenuous posting from a ghost holder, but all these statements are against what or where SLE are in business!. Now what genuine holder would continually do this with every post if they was supposedly invested in SLE?.

These people in these areas want to go forward but without resources they have in the ground they go no where, without oil where would Nigeria be in trueth but these militants complain about the environment yet blow up pipelines etc which pollute the environment 100% more than before. Yeah they care about the environment!

Morocco, Sle have stated in their press release any gas or oil finds would" benefit local populations equally and effectively therefrom"

" the United Nations Charter stipulated in letter S/2002/161 dated January 29, 2002, addressed to the President of the UN Security Council, signed by the Under-Secretary General for Legal Affairs, and guidelines recommended by the "New model of development " of the Conseil Economique, Social et Environnemental (CESE), from November 2013, namely that local populations and their representatives are involved and consulted and that they will benefit equitably and effectively therefrom. The exploration and production of hydrocarbon natural resources will contribute in a transparent manner to the development of the regions concerned."

3. San Leon Energy is committed to ensuring the protection of the environment and compliance with the sustainable development requirements.

The people of Sahrawis live in camps/tents, oil and gas will help develop the area, and it cost them what out of their pocket correct zilch!. SLE have just drilled 1 well on tarfaya and found gas ( otherwise you wouldn't be looking at testing etc), that's all, yet the disingenuous is trying to make out SLE have untold infrastructure in place.
vicarofdibley69
Posts: 7
Off Topic
Opinion:No Opinion
Price:29.125
Much Ado About Nothing
13 Jun '16
Yawn - Back to sleep then.




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