Register
Login:
Share:
Email Facebook Twitter

Please take part in our survey It takes 2 minutes and you could win an Apple iPad Air 2 (Terms and conditions apply). Dismiss Message
SLE Share Chat - RSS Feed

San Leon Share Chat (SLE)



Share Price: 1.15Bid: 1.10Ask: 1.15Change: 0.07 (+6.48%)Riser - San Leon
Spread: 0.05Spread as %: 4.55%Open: 1.17High: 1.25Low: 1.05Yesterday’s Close: 1.08


Share Discussion for San Leon (SLE)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
honestsid
Posts: 173
Off Topic
Opinion:No Opinion
Price:1.26
View Thread (4)
RE: IMO Beginnig
19 Nov '14
"San Leon said Thursday that its Lelechow-SL1 well, the first of a two-well exploration program on the Nowa Sol Concession in Poland near the German border, found oil and will be completed for near-term commercial production"

Frus, STOP WORRYING ... near term commercial production may be about to happen according to this RNS. http://www.iii.co.uk/research/LSE:SLE/news/item/468231/lelechow-sl1-finds-oil?context=LSE:SLE

Oh, I have just noticed the date, the RNS is over TWO YEARS OLD ... I wonder what "near term" means?
 
honestsid
Posts: 173
Off Topic
Opinion:No Opinion
Price:1.26
View Thread (2)
RE: Price drop
19 Nov '14
Strieb, I was not sure what IGSA was so I did a search,

IGSA World of Downhill Skateboarding. http://www.igsaworldcup.com/

Yep SLE is going downhill very very fast!

Anyone going to the Pizza eating event in Clerkenwell on 24th November? I hope there are Custard Pies for desert.
barnaby67
Posts: 235
Observation
Opinion:No Opinion
Price:1.26
Staring into the Abyss
19 Nov '14
Feeling happy that I sold most of my shares here when we were at the dizzy heights of 2.5p. Zero optimism now that this will turn around and it looks like this could play out in the worse way possible over the next 6-12 months. News of yesterday's spud gone down like a lead balloon and market taken view we are pi**ing away our dwindling cash for highly unlikely positive result. Wish I could see the upside here but sorry I can't and fully expect this to trasde in the 0.5-1.0p range by Xmas.
Striebs
Posts: 745
Off Topic
Opinion:No Opinion
Price:1.26
View Thread (4)
RE: IMO Beginnig
19 Nov '14
Frus ,

How are San Leon going to borrow money when they have no revenue or certified reserves ?

San Leon have to farm out because they can't afford a disappointment with Lewino .

A farm out will contain an element of payment of historic back costs so will recharge the coffers with cash .

In all probability San Leon are going to have to wait for the Polish Govt to get their act together and pass the amendment to financial terms in January .

In the next couple of weeks BNK should be posting their reservoir analysis for Gapowa H1 .

By that time the weather will be getting colder and people in Northern Europe will have their heating on .

O.F.'s deal making skills are about all which has kept San Leon afloat . He has been delivering even if the geology hasn't so far .

Sooner or later PVR are going to negotiate a deal w.r.t. Barryroe and San Leon's net revenue interest will be sold .

As I said a couple of days ago , the jewel in Aurelian's crown wasn't Siekierki but Joel Price .
frus
Posts: 1,194
Off Topic
Opinion:No Opinion
Price:1.26
View Thread (4)
IMO Beginnig
19 Nov '14
To look more and more like we are in the midst of a huge scam...Even Links 2p is starting to look paltry
Lewino fantastic success, a dream frac, perfection, achieved everything we could have expected and more.

The best, most successful vertical in Poland todate, in fact the result's are so good that we may not need a horizontal test as we have all the info: we need from the vertical.

Brilliant, brilliant bl**dy brilliant, only thing is that was about a year ago, NOT a thing as happened since. Meanwhile Rome is falling, the sp is about to slide under 1p and everyone is sat around picking thier noses.
Surely we have to go for Lewino FO or not..Borrow the money, anything is better than this or like I have said imo it looks like the giant fly plant is about to snap shut.....Sid are you still looking for evidence.
Striebs
Posts: 745
Off Topic
Opinion:No Opinion
Price:1.26
View Thread (2)
Price drop
19 Nov '14
TW and his mates haven't moved on from IGSA to SLE have they ?

You would think OF patronising his Pizza restaurant might spare us that sort of thing .
FQ320MR
Posts: 1,717
Off Topic
Opinion:No Opinion
Price:1.25
Someone
19 Nov '14
Poke OF with a stick he's the one hiding behind the mountain of cash and ask him what's going on !!

MR
Searcher
Posts: 36,423
Observation
Opinion:No Opinion
Price:1.46
Wtf Happened
19 Nov '14
here today........ only 137k traded and we are taken down 14%...... what a bloody joke!!!!!!
linksdean
Posts: 2,233
Off Topic
Opinion:No Opinion
Price:1.46
anything
18 Nov '14
sle hold 100% they will FO..they wouldn't go it alone..look at lewino 100% sle they are in talks!....Albania 100% looking at FO..onshore morocco..looking at FO/partners..thats all onshore morocco!..scincy/Permian/rogity have all gone the same..its what sle will do farm it out and keep a decent %....and fingers crossed!!..they have had their fair share of setbacks lets hope all is about to change with this new well and news of pnr drill and test rawicz!!....

penrod...only you would talk about benders!!!!(drink obviously)..links
honestsid
Posts: 173
Off Topic
Opinion:No Opinion
Price:1.46
View Thread (2)
RE: Sid
18 Nov '14
I'd love a D or and E or blooming anything to get this SP heading north at a rapid speed. Truth is non of us have a clue what is around the corner, including Mr. Fanning. Thats the nature of the exploration game. So I am keeping my mind open to any and all possibilities I can think of, not just the potential positive outcomes. I am very happy to have sold a huge part of my holding bit by bit over the years. The losses have been small in comparison to what they would be today, and at this price,if anything positive was to happen it is easy to set the machine to buy for me on the way up.

If we find commercial oil/gas, in a licence we hold 100% of, we still cant afford to do anything with it on our own and will be down to a 10-20%ownership, and thats if we can find someone to help us out. Tony Hayward didn't care for this little fish of a company. £20 million is petty cash to him.

We have languished too long, the market for oil is currently poor, and over supply of gas is happening, the Polish government have been fools and shot themselves in the heels they have been dragging.

I am hopeful, but not as hopeful as three years ago as there has been nothing but disappointment with every project so far, and time has ticked all the money away .... again.

Mr. Fanning may well be the last man standing, Like General Custer. But who knows what world events and politics will turn up, and who knows what technology is around that corner that will help unlock the difficult Polish geology?





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.