Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Up 7% today at present..
Couldnt agree more red, sle is on a winner , the yesterday losers who continually try to knock management and strategy are history and extremely untruthful.
25% of OML 18
20 % (plus ?) of ELI
15-30% (plus???) of OZA
5% of Barry
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-who cares whether some two bit poster has bought or sold a few shares---or what some other poster might be trying to insinuate.
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-This picture is growing by the second.
Just so we're clear, this phoney is now suggesting that the company has purposely leaked a $1/2B transaction in order that the shares be suspended and it can - what exactly? - avoid the market's wrath over increasing its ownership of the most valuable piece of new infrastructure in the Niger Delta in years as well as its all-in share of OML18? Q.E.D. this poster is a bad actor who hides behind innuendo-laden commentary and other posters who are even worse than he is......
Afame - yes seems we're thinking the same thing, all in all, a rather convenient way to put the share price on hold what with interim financial statements due out and Eli Akaso hook up still scheduled for the second half of 2021?
'....wonder how Tosca and the market are going to react to all that....?' You are of course exactly right, Al. This deal, as complicated as it might turn out to be, had 3 or 4 parties at the table at all times, and one of them will have ALWAYS been Martin Hughes and Tosca. And this is an absolutely perfect example of what I referenced not an hour or 2 ago about just how dangerous posters like BS can be. The snarky, open-ended implication of back room dealing - or worse - combined with the obscure 'inside baseball'-style references clearly meant to impute expertise where there is none. For why, you ask, since he clearly is not a traditional trolly type. I honestly don't know, but just because a motive is not immediately apparent does not mean that legitimate shareholders should not treat his particularly vague commentary with caution.
dont hold breath crispy. last time shares suspended for months and months and months no shareholder could get any of monies out. then the red lion announce that merger not happen.
the red lion always full of promis but most follow by dissupointment. but this cause up and down price and is great for profeshunal tradurs. this take me a year or two to cotton on.
now im in the monies. lol
Looking forward to the outcome of the rto. Hopefully we will get a nice jump in the share price at some point soonish.
Gla
'wonder how Tosca and the market are going to react to all that?'
even by the low standards you set yourself, BS, that is a remarkably dumb question. do you really think for one moment this negotiation could have been initiated without his full support and blessing?
close Racoman. close
PLUS-SLE will increase it's stake in ELI even further than today's announcement of 15%-----20% maybe ??--------------It's all just a tremendous cash cow.
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-Income and Divi's would be guaranteed forever.-----------and the SP will reflect it's new found income yield status.
Think they will be pleased as punch--------SLE will finish up with an indirect holding of about 25% in OML18
Midwestern would become the majority shareholder of San Leon - all based on the issuance of new shares to Midwestern in payment for San Leon acquiring MLPL - wonder how Tosca and the market are going to react to all that?
San Leon and Midwestern are in discussions for the Company to acquire the remaining 60% equity interest in MLPL from Midwestern. The consideration for this, and other matters, would be satisfied by the issuance of a substantial number of new ordinary shares in San Leon to Midwestern, such that Midwestern would become the majority shareholder of San Leon.
infurmation is there for evryone. it called histury of the red lion.
San Leon, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, received an indicative proposal from Midwestern Oil and Gas ("Midwestern") on 11 September 2017 for San Leon to acquire Midwestern's shares in Midwestern Leon Petroleum Limited ("MLPL"). Such an acquisition could have constituted a reverse takeover under AIM Rules for Companies (the "AIM Rules") and accordingly, following press speculation on 03 November 2017 concerning these discussions, the Company's ordinary shares ("Shares") were suspended from trading.
thanking the hevuns for stopping losses systems.
thank you mr sam for noting i get it right so often. pleze point this out to mr alrik, lol.
it just history repete it self the same game get plade evry cupple years. grate for traders i learn from expert posters here.
just my guess Sam----i think he is one of the Mkt Makers.
Interesting - has OF found the money to at last increase his shareholding in the company - this must be positive for the SLE share price.
24/06/2021 9:45am
TEMPORARY SUSPENSION OF TRADING ON AIM
SAN LEON ENERGY PLC
At the request of the Company trading on AIM for the under-mentioned securities has been temporarily suspended from 24/06/2020 9:45am, pending an announcement and publication of an admission document.
ORDINARY SHARES OF EUR0.01 EACH, FULLY PAID (CDI)
(BWVFTP5) (IE00BWVFTP56)
If you have any queries relating to the above, please contact the company's nominated adviser on +44 20 3328 5656.
24/06/2021 9:45am
TEMPORARY SUSPENSION OF TRADING ON AIM
SAN LEON ENERGY PLC
At the request of the Company trading on AIM for the under-mentioned securities has been temporarily suspended from 24/06/2020 9:45am, pending an announcement and publication of an admission document.
ORDINARY SHARES OF EUR0.01 EACH, FULLY PAID (CDI)
(BWVFTP5) (IE00BWVFTP56)
If you have any queries relating to the above, please contact the company's nominated adviser on +44 20 3328 5656.
Does this afu have inside info!, as he has been up&down with the sp and called it as its played and to have that insight on a aim company only looks like one thing . God bless.
couldn't agree more bluerill. i've thought for a long time that he's phony. his comments this morning and failure to answer you have done nothing to dissuade me of that opinion. as for old ninepence, i can only assume he is suffering from vertigo and doesn't know which way is up. a couple of days ago according to him we were 'in freefall' - don't suppose by any chance he just makes all this stuff up?
so blueril what you sayin about black swan is he has a well rounded and balanced opinin. that nice of you to aknolage.
br. ouch - those toes ARE sore this morning.
shud say to help. trailin stopping losses set 1 pennies below any risin price, not fix at 41