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Alaric old fellow, much of this thread is about the poorest of company one can possibly keep, the one that is so obnoxious that his posts keep getting removed.
Again another hypocritical statement from you, the poster many would consider the second worst company to keep.
Thick as thieves you two are, in every sense of the word.
Extremely unlikely Naibob. one of your many problems is that you keep very poor company, mostly the worst trolls on this board. and i'm sure you know what they say about judging someone by the company he keeps.
Looks like I struck a nerve you are truly pathetic you non vested trolls ....no matter though .!
Indeed CJ, and that is exactly why the ever-present company PR team are doing everything they can to stifle the opinions and the research that is posted on this website.
It's blatantly obvious that this is possibly the last chance for San Leon Energy and could be the end of the line for the Oisin Fanning gravy train. The new deal is not signed. Tri Asset Management reneged at the last minute for good reason. Due diligence is yet to be finalised I would suspect.
Let's consider what a potential lender/investor of a substantial three figure $millions should require in assurance with respect of a company that has been suspended from AIM and by it's own admission, it is being pursued by creditors, as is the company Eli in which it has substantially invested and promises more.
I would insist on up to date audited accounts before I parted with a cent. Furthermore, I would have my own accountants vet the unaudited 2023 Accounts. Otherwise you'd end up possibly like Tri Ri, possibly spotting something which you should have known earlier very late in the day.
Don't be pathetic Alaric, there is nothing fraudulent in Nailbobs post You are desperate, scraping the barrel of threats, aren't you indeed? So transparently a worried company man.
The irony is Sam245 spent two weeks trying his hardest to crush free speech with legal threats that wouldn't stand a cat in hell chance in court, he fails miserably, then has his own free speech snatched away. A result you would be wise to learn from.
I think you know that’s not the case Alaric, my history here proves just that. I would suggest 40 odd posts in 8 years would suggest pretty poor trolling and confirm my position as a fairly disgruntled LTH…others can make up their minds on the genuineness of posters on this forum and whether they take the posts of those who research their subject well as posting defamatory posts (ha, do me a favour!) or whether, dare I say, those who continued to airbrush over the ongoing issues (TRAM money obviously still being held up by US regulatory checks….please) as who is disingenuous.
Frankly in a suspended share it’s all nonsense anyway…
The big problem is alarik that you’re an out and out troll, who like all the others only post on San Leon and positivity (bit of a giveaway that if you don't mind my saying :-).
lol alarik we dont mind you showing yerself up fur what you are. an untrustwurthy hypocrite.
The big problem is Naibob that you’re an out and out troll, who like all the others only post on San Leon and negatively (bit of a giveaway that if you don't mind my saying :-). by all means report Sam but you’re wasting your time as his posting isn't defamatory. you might do better in terms of puerile posting to focus on Afake or Junkie for example. that's all other than to say your posting is transparently fraudulent.
I reported your posts Sam and I’m a shareholder. I call out abusive postings when I see them and your puerile aggression has no place on boards frequented by supposed grown ups. (Plus having to read your semi-literate attempts at intelligible riposte hurts my delicate sensitivities)
Not trustworthy!! 00 junkie and pals...why would those who hold no investment here yet post company defamation complain to lse to get shareholders posts who call them out for what
they are removed.... Not trustworthy eh!.. maybe they should look in the mirror to see who the untrustworthy are looking back at them..
The timing of this RNS explains the idle legal threats and pathetic bullying from the corporate ramping trolls, another attempt to silence free speech. They were so obviously worried that the potential lenders would pick up on the opinions and concerns of the genuine shareholders posting here.
Professional rampers are transparent and easily spotted with never a bad word about their paymaster's constant failures, which implies that they are not shareholders and certainly not trustworthy.
No response from BS to my riposte i see and he moves quickly onto another topic but why? it's because he can't answer the unanswerable. that's another clue to his struthian nature (he'll need to look that up) and why you can't trust anything he says. that goes for all the other trolls btw because they're just as bad. time to man-up BS?
As with all SLE communications, what is left out is infinitely more interesting than what's disclosed.
For instance, the much hailed barging operation to the Eli Akaso.
Eroton, when it was Operator, commenced barging operations in May 2022, transferring 5 cargoes up to Sepember 2022 from Cawthorne into the MT Ramaha.
In August that year, Eroton gained 'ship to ship' transfer approval relating to the 'mother ship'. So those cargoes were tranferred to the 'mother ship', MT Sea Pearl, ready for onward transmission to the Eli Akaso.
And then nothing...no information whatsoever. The MT Sea Pearl remains anchored in the Bonny Channel.
However, in July 2023 it was reported in the Nigerian media, that a judgement for an unpaid debt was filed against Eli and in August 2023 an attempt by a Sheriff and accompanying police to take possession of the Eli Akaso was repulsed by armed men.
Now SLE is saying that barging operations will BEGIN in a few weeks time.
What's my take on this? It has never been reported that Eroton had gained 'ship to ship' approval from the 'mother ship' to the Eli Akaso. In light of what is reported to have happened in 2023, will the permits be in place to do the final transfers? As NNPCL is now the Operator, if it backs the whole ACOES project, then this may be possible.
If not.........
Sle not sale FFS..
imo it will be a huge revenue stream for sale which means it's shareholders not ***** trolls
Https://punchng.com/nnpcl-rallies-efcc-to-tackle-oil-theft/
Let's hope Eli investment will be the game changer we all desperately need.
Usual BS from BS. also deliberately or otherwise ie deliberately he missed the point as Bluerill obviously wasn't confirming your point but he was correcting him. now we know the trolls don't like being corrected but simply pretending that they haven’t been corrected is both asinine and ostrich like.
Bluepill - Thanks got confirming my point in your latest post.
BS that wasn't the intention of my post! I am encouraged overall. The clear statements about creditors and debt in a sense is encouraging and perhaps reflects confidence (as point out in different ways by others)
At least the co has released news to tell us shareholders what's going on, so end of march We shud be good to go. ..wooo
Good old BS. you didn't read my post, obviously. In a situation like this, within the current oppressive regulatory environment on AIM, there is simply no such thing anymore as 'appeasing the NOMAD'. Every word in an RNS like today's has to vetted and substantiated before any NOMAD would dare allow the company to release it. The wrath of the regulator is just not worth the 60k or so a year the NOMAD is getting. Trust me on that
QF- Yes the RNS seems to have been written more to appease the nomad than for us shareholders - roll on end of march 2024 then?
Just to remind you all that none of the regular trolls holds any stock in San Leon. you have to ask yourselves what they're about posting here almost daily? the only possible answer is that they work for a long/short fund and part of their job description is to post negatively about any stocks the fund are shorting. now i have absolutely no problem with the principle of shorting which is all part of a healthy functioning market but you need to remember what these guys are about, in other words you can't trust a single word they write -:)
What more do you need at this point, Retired? Given the complexity of the transaction and the difficulties with Triam and the period of silence as you reference, this update could have been way worse, imv. First you have to accept that given the length of suspension so far, that the NOMAD will necessarily be holding a gun in one hand and a microscope in the other in their comms with the Company. The first in order to make sure a full update was provided and the latter to scrutinise any and all claims made in today's release. With that in mind, despite the cynicism here dialled up to 11, I think you have to accept that the RNS's most important contention - that this latest deal is likely to close by this month-end - is in fact the most likely outcome for the Company, and for that, we should all be encouraged. In other words, there is next to 0 chance that the Company could include a statement like, '....I am confident that the difficulties of this past year will soon be behind us as our forthcoming Refinancing will enable us to fulfil our long-held strategy of becoming the majority shareholder in ELI....' without significant, credible evidence provided to a NOMAD who is, by definition, going to be on hyper-'SHOW ME' mode. Like it or not, that is at present, now shareholders' highest probability outcome and, as I said already, the message in today's release could have been far, far worse than that. Also, I honestly thought the creditor section, again given how long this has dragged out, would necessarily have had a far more negative tone to it with the Company having to reveal some more dramatic actions taken by a creditor or 2. Instead, reading between the lines a bit, I honestly felt that the RNS portrayed a more 'relaxed' creditor base than one might have reasonably expected, ie., lending more credibility to the overall confidence from management that this latest deal will in fact close soon.