In 10 days time (end Sept 2016) we will have income..........That's great must have missed something....So when did it start and how much £'s per day is coming into SLE coffers. This is really great news can't believe its actually happened at last, how much have we accrued so far.
The right to receive dividends declared by BidCo, as a 40% shareholder. Once shareholder approval has been granted, San Leon will receive a share of future distributions made by BidCo which will be based on cash flow generated by Eroton from OML 18 since March 2015 (the original date of the acquisition of OML 18 from Shell and its partners, since after that date Eroton cash flow has been accruing in the company to fund the reserves based lending repayment reserve);
I know you don't believe it boys but who cares what you believe it's what genuine shareholder believe.
This post by Stephen was class at the time and still is now.
Tue 20:20 Price: 44.75 stephen54321 406 posts sid offering doom and gloom on san leon , even tho today we have got the yes vote and the finances in place to be become an oil producing company with in the next 10 days - end of September. we will have income. maybe its a great deal, maybe its not so good ( some will say ) but we have income and will be in a better place now, than were we were with no income. income will be the key to making the sp rise. so let see what will happen.
good luck all . sid, i would pick another stock, its clear you don't like this company but we really don't care what you have to say any more. you can't say anything els negative about the company , you've covered it all over the years with ur negative posting. these days you just repeat your self , oh and then there is the BS that you brought shares here for educational purposes......so you basically are telling us you have threw money at a company which you have no faith in and don't believe anything will ever come good of san leon.... but yet , with all the negativity you spout about this share , you still went ahead and made a purchase on this stock....... you really expect any one to believe that ? bore off. you must be very nervous to spend the hole day posting on here today ........... your time is up silly man.
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