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San Leon Share Chat (SLE)



Share Price: 25.50Bid: 25.00Ask: 25.50Change: -1.00 (-3.77%)Faller - San Leon
Spread: 0.50Spread as %: 2.00%Open: 26.00High: 27.00Low: 25.00Yesterday’s Close: 26.50


Share Discussion for San Leon


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frus
Posts: 1,984
Off Topic
Opinion:No Opinion
Price:25.50
Rich
Today 19:26
Perhaps they'll listen to your advice if they can ever figure out what it is that you would like SLE to do.
 
stephen54321
Posts: 463
Off Topic
Opinion:No Opinion
Price:25.50
RE: Look at the MM react to my post..
Today 18:28
Jonny ossed on the thrash back bay it. Bosting stuff me wench.
RichinMinerals
Posts: 439
Off Topic
Opinion:No Opinion
Price:25.50
Look at the MM react to my posts
Today 16:29
talk about owning the MM lol, bring it down some more MM, I wanna buys a few mores ))))

Remember this, Dickie runs the market and you will do as Dickie does.

Nuff said, now do as your told and dig that hole a bit deeper for yourselves!

Faithfully

Dickie
RichinMinerals
Posts: 439
Off Topic
Opinion:No Opinion
Price:25.25
Boy doesnt it
Today 16:12
get "their" back up when one posts something positive ))

Position defenders, dont cha jus luv em ))

Me thinks they running out of ammo to keep the good ship SLE down, me thinks Mr Gap Up coming to town soon

Be good girls x

Dickie
RichinMinerals
Posts: 439
Off Topic
Opinion:No Opinion
Price:26.00
View Thread (2)
OML 18 extraction costs $9 a barrel
Today 16:08
if memory serves me correct (getting old lol) I believe that extraction costs at OML 18 are $9 a barrel which is extremely low, some of the lowest offshore in the World infact. So around the $9 mark makes it highly enticing to want a stake in it dont you think? Especially if you are a thirsty energy dependant country such a China....

However, I am quite certain that the (at least) 4 interested parties will have been reading this board and in doing so will have come to the conclusion that frus-trated, El Cid, and last but not least Bruvver 7s opinions and understanding of the company and its asetts is far superior to that of their own advisors, they will instead take notice of the said posters and not decide not to bid for SLE based on their concise info LOL ))

Regards

Dickie
BlackSwan
Posts: 547
Observation
Opinion:Strong Buy
Price:26.50
SLE - Lean and Mean
Today 12:32
Yes SLE is very lean - some BB commentators would already have you consider SLE a corpse but the debts will reduce (think OF guarantee payment clauses) - production of VERY competitively priced oil/gas will increase.

Mean they certainly are as us long term holders have been excluded from any of the cash flows of the company which has been directed towards "encouraging" management to wheel and deal us into the oil business, without a great deal of success to date it must be admitted.

SLE can maintain their lease options at a relative low costs and sit back and enjoy the OML18 supply of low cost oil/gas which despite the increase in the green revolution will always be in demand.

http://www.zerohedge.com/news/2017-10-17/world%E2%80%99s-largest-oil-companies-deep-trouble-profits-vaporize-while-debts-skyrocket
BlackSwan
Posts: 547
Observation
Opinion:Strong Buy
Price:26.50
RE: Oil Sales India dumps Nigeria
Today 11:52
We seen this all before oil/gas politics Russia/America - that is what screwed up our Polish adventure - gas politics - see recent US Chienere shipped/received LNG from US to Poland - Nigeria's proposed new trans delta pipeline and country development of industrial/agrarian will increase internal demand for oil and gas - new power station projects as China ups it's investment in power/agrarian infrastructure projects will result in an increased demand from internal markets for their oil/gas resources.

Where does that leave SLE - good question - facing both ways inwards internal and external demand for competitively priced oil/gas - with as I have pointed out many times with reference to OML18 and Bony an open non geopolitical transit passage for exports to world markets for oil which is competitively priced.
frus
Posts: 1,984
Off Topic
Opinion:No Opinion
Price:27.00
Richie
Today 11:04
What exactly do you want to happen, I'm finding it increasingly difficult to understand. It seems to me that at 76p you think that to be seriously under valued even though from what you have said this would mean you doubling your money.

You believe a true value would be between 140p - 170p...Giving you something like a 5 bagger. But you say dividends are what you really want, imagine a 19% yield.......Then you change again! saying bring it on and may the best bid take it. You do realise that should any bid be successful that will be the end of SLE as it will then be a private company and the only recipient of any possible dividends would be the new owner.
Your post's always seem to cover most possibilities making you right and a winner whatever happens. In plain simple English will you tell us all what you wish to happen with SLE.
honestsid
Posts: 1,811
Research
Opinion:No Opinion
Price:27.00
Oil Sales India dumps Nigeria
Today 10:36
Morning Dicke

Your fiction V world facts.

https://www.vanguardngr.com/2017/10/oil-sales-india-dumps-nigeria-us/

plop goes the weasel
RichinMinerals
Posts: 439
Off Topic
Opinion:No Opinion
Price:27.00
Oil price in SLEs favour
Today 10:17
massively in fact!!

This price rush will almost certainly help SLE in any negotiations present or future.

This really was a transformational deal that Osin struck here, we bought a Ferrari that has doubled in value when the market for the petrol was on its ar5e, what a blinder.

This will never be let go for 76p IMHO, I believe a price in the 140p - 170p range is its true value for a quick sale.

Dividends are what I really want, I mean can you imagine a 19% yield ffs!

Bring it on and may the best bid take it!

I may even stick a long contract on crude later if the uptrend stays intact ))

Best

Dickie




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