Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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Operatorship is nothing bs, it saves eroton money as they don't have to spend on managing etc for months now the operator is NNPC not eroton or Sahara , just stops the bickering between bargaining partners ie eroton and Sahara ..
There is no monetary advantage being operator in fact shell the offtaker have to pay everyone according to their % of the field so eroton still get their % as will sle from eroton..... simples.
Sam 254 - SLE have a Holding in the current licence to operate OML18 they do not own any geographical land per se in the area under license - from way back in memory the license at the time Eroton and Midwestern.etc had the lease to operate according to their RNS it terminated if I recall in 2024/2025 (you look it up) - what the current state of entitlement/ownership SLE has on OML18 is under NNPC/Sahara is not really clear to me - rumour has it that OML18 is pumping oil, God knows where it and it's associated revenue are going?
Roll on end of May?
Ha ha...think it's you who is not in their right mind old bean....keep up!!
Oh Sam, poor foundling, you seem to know very little for a company man, or are you purposefully Ignorant?
A suspension is usually implemented when a fund manager is concerned that too many clients are bailing due to poor returns or it is likely that bad news may cause a stampede. It is used to protect investors in times of panic. No one in their right mind would suspend a fund if it is doing well or likely to do well.
From your continuous puerile comments, we can all conclude you are not in your right mind.
Draft no p00r boy makes you daft old man!...as maybe, just maybe MH suspended payment as news may might be soon, we will see..x
Sam its your hole that is causing the draft as usual you poor boy.
Martin has suspended the fund that San Leon Energy are part of.
And you call yourself well-informed. Try and keep up my child, it may add at least a small value to your comment.
I believe 00 you talk out of it....a hole!..dream on .
Bs....sle have been paid all monies from the original loan to get into oml18, all that's due is the interest...you can read the truth but obviously it hurts you too.x
Https://pointblanknews.com/pbn/exclusive/corruption-coalition-charges-igp-to-investigate-prosecute-okoloko/
MMM! The company we keep - interesting reading while we wait - what implications does this have on our Holding in the OML 18 licence which the majority troll on this board always claims we got for "free"?
Sam, Martin Hughes probably couldn't give a dam if San Leon goes belly up. This company is a minnow in Tosca's 4 billion pound portfolio.
He may even be glad to see the back of it and use the loss to offset capital gains elsewhere.
Alarik old fellow, perhaps he's not posting because there really is nothing more to talk about until, I think, 22nd May, when San Leon defends against being wound up.
You have absolutely nothing constructive to contribute so resort to goading posters who aren't even posting, how pathetic of you. Do you need to post such twaddle to justify your invoice?
'where's you mate assjunkie gone?.'i noticed of late that Junkie had become increasingly erratic and was failing either to address facts or to substantiate his wild assertions. in other words he had a real problem with the truth. you have to ask yourself what a self-confessed non-holder is about posting as much as he used to?
If you think Martin Hughes will let a wind up order winding up sle then you're having a wind up. ... where's you mate assjunkie gone?....
What are the financial implications for SLE (AIM) of a successful court case ( heaven forbid although it does seem likely) to wind up San Leon Eli Ltd, does one drag the other into bankruptcy - what are the counter party guarantees if any that OF has set up between the two entities as is his typical wheeler dealing style of project financing?
Revenue will not automatically assume that suspended shares have no value. Unless, and until, Revenue rules that the shares are of negligible value or the company goes into liquidation, crystallising any loss, you will not be able to claim it against other gains on your tax return.
I understand that crystallisation of losses on a suspended share is not possible. Is this correct ? Thank you.
Imo the corporate rns last month says it all.
Still the silence. Excuse my lack of focus, but does anyone know offhand what the typical wait is before SLE decide they should tell us small fry that things are still progessing, and we'll have an update in due course? I'm getting very negative feelings about groundhogs of late...
Thanks redeyemines for clarifying the fact the Afool is Afool cause he is a fool........afek where is your assjunkie boy!...?
Correction bete noir - NNPC claiming they weren't given the first option on the purchase of ExxonMobil's assets - I suppose it stopped them getting control of the asset and handing it out to their friends - at price - er did I just say that tut.tut!
Https://punchng.com/tinubu-committed-to-conclusion-of-seplat-exxonmobil-deal-lokpobiri/
NNPC or whatever they call themselves these days are the better noir.of Nigeria
Jesus bloody christ, you're at it again.
.. Another wild bit of speculation just trying to bad mouth the company from you.
Do you just spend your whole time trying to think of what you can say next to paint the Co in a bad light.
. Have you still got a short open?
As samalarik pro pr team is wurkin full time i is wundering if a rites issue is on the card if mr fanning dont get the dosh frum a loan man.
Seplat 45% think you need to go to spec savers Rodney!!!
Bs you dipstick, sle has 10% or so of oml18, yes they want more and are in talks as you know to hopefully increase this, plus Eli which when the deal lands transforms sle...think you better re read this as seplat has not 10 or so % in one oml but 3....
n July 2010, the company acquired a 45 per cent working interest in a portfolio of three onshore producing oil and gas leases: OMLs 4, 38 and 41, located in the prolific western delta basin of Edo and Delta States.
Https://punchng.com/seplat-energy-shareholders-got-575m-dividends-in-10-years-cfo/
Fanning dream scenario - pity it doesn't look like it will happen.