Condolences many of us in the same boat - I am wondering just exactly what will be sold in Nigeria, SLE went through a lot of hoops to set this thing up - will the package include Eroton and every Tom DICK and Harry in the OML18 exploration group leaving only Tosca's financial package on loan to the new owner - surely it can't include the whole of SLE from Nigeria thro to Albania and Ireland - it's certainly been expensive "entertainment" for a lot of us ,I came in with Aurelian and average down from there to 5 GBP in old money! I would really like to see Tosca's balance sheet on this investment - obviously they still like OF even if they do have to call in a strategic asset valuer to provide a show of "respectable" valuation for OML 18 although reading the forum seems they could have picked someone a higher standing? I am still looking at over a quid, possibly even 1.3 GBP.
I stopped.no recoiled from in horror,at the thought of taking any advice from newspaper share tipsters. The reason being why I first bought into San Leon ,it was tipped by Questor in The Sunday Telegraph many years ago. Up until then as a novice investor I hung on their every word. not now. So my £7500 is now dear reader valued at about £450. I welcome the recent share rise, but it will have to go much more to bring a smile out of me. Good investing and I wish all those involved in SLE a better outcome than me.
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