FG, ex-militants agree to end pipeline bombing in Niger Delta By Seun Opejobi on May 29, 2016
The Special Adviser to the President on Niger Delta matters, Brig-Gen Paul Boroh(rtd) has disclosed that the Federal Government will partner with ex-militants to end the ongoing pipeline vandalism in the Niger Delta region.‎
Boroh, who is the Coordinator of the Amnesty Programme made the disclosure while addressing reporters at the end of a meeting he convened in Benin, the Edo State capital yesterday.
‎He called on the agitators to stop the wanton destruction of oil pipelines and follow the path of dialogue with the government.
According to Boroh, “We have all resolved that we will put our heads and hands and all in all together to prevent the re-occurrence of this type of thing.”‎
“Collectively we (Federal Government and ex-militants) have agreed to work as a team to prevent re-occurrence.
“We feel bad that it is happening, it is affecting our economy and it is affecting development and we are very concern about it.”
He further assured oil companies operating in the region of government’s resolve to ending the attacks on pipelines
Not good news with regards militants blowing up one of Shell's main pipelines. Knowing our luck the South Niger delta will turn into a war zone shortly after this deal is done and dusted. Hope OF knows what he's getting himself in to.
to break even here. after being invested for so long i think if it hits that figure i would sell out. for the time I've been invested i would like to of hit £5-£6 to make a little profit as been invested here for a few years. looking forward to seeing what the share price will go to as my current investment was £70k down to 5K :( so the more this goes up the better. I feel that if the company pay dividends that will boost the share price for sure. that alone always brings investors to the table. i hope we don't have to wait to long for this to open up again. there will defo be a boost in the SP. if its not over £2.5 on opening day i will be very surprised. will be interesting to see what the re-rate will be valued at. all the best guys. lee
This was posted by Fred Prior on iii... I just wondered what peoples thoughts were on the subject??
"I wouldn't be surprised if a low ball bid of say 300p comes in soon after readmission, I would have thought this whole package has to be worth in excess of 600p once the market smells the money this vehicle is making. Its a licence to print money at the moment, it cannot get any better for the real SLE shareholders, I mean 17% coupons, hedged oil @ $95 current oil @ $50, nearly 100% more than when deal struck with Mart, then a massive % of Bidco cash sweep, doubling of production at low cost, money from work overs/seismic , the list just goes on and on.
I don't know about you lot but I am so looking forward to resumption day and who in their right mind wouldn't be eh?
The sun is shining on the real holders thats for sure.
As your name suggests you are a plant that grows in wet places. If you are short here you will have fantastic growth in your lower regions on re-admission. Nigeria is Nigeria no all angles have been covered for this deal to progress IMO.
Better to be a producer than an explorer. You can Argue til your blue in the face over that fact and lose very time!!!
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