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Alaric, How tiresome, your monotonous argument is. Yet again you are wrong, stating people are ignoring facts. Bluerill has admitted that his theory is pure speculation and not based on any fact. Therefore his explanation is not in the slightest plausible.

It is obvious to every poster here that honest opinion and fair discussion do not suit YOUR agenda.

Bluerill, let me simplify it for you.

1. The money from TRAM has not materialised, therefore you can not publicly prove your theories correct. As you seem so adamant I wonder, do you have inside information?

2. Fanning is seeking but has not confirmed a new, third-attempt, loan facility. Until such time a potential lender can dictate the terms as San Leon has its back against the wall.

3. San Leon remains in suspension, yet again and beyond the 6 month time limit, convenient for Fanning, but leaving it open to potential de-listing.

Stand down? I. haven't even stood up yet, no need as your argument contains no fact and you admit it is mostly speculation.

I respect your post Bluerill but it holds no value to me as you are quite a hypocrite and so often wrong.

I quote from a rare input of yours dated 27th Nov 23 "I reckon the money likely IS coming one way or the other, otherwise the NOMAD would have compelled the Company to say so.“

It isn't here is it Bluerill and Fanning is concerned enough to seek a third potential lender, who WILL have him by the short and curlies. As much as you endeavour to imply it's a done deal, based on a statement from an AIM-regulated RNS, and so many from SLE have been proven to be inaccurate, it has NOT been confirmed. It simply states discussions have occurred.

Clearly It is you who speculates, It is you that needs to do better.

It's noteworthy that you only post here in times of company stress, seemingly to support the usual PR teams weak attempts to give credence to the never-ending, never-profitable story of San Leon Energy.

This third attempt to raise finance, if successful, is going to be costly. Any lender seeing fit to help this obviously distressed and desperate company will be looking for one heck of a lot of security and will charge one heck of a high-interest rate. The lack of audited accounts will not help the situation.

Any potential lender would have SLE by the short and curlies and I doubt they will be mugged off by the promise of a shed load of worthless, artificially inflated, free shares, which seems to be the way Fanning has operated since the days of his failed telecoms business.

Bizarre Indeed CJ. As bizarre as the total absence of any input from the PR horse's mouth known as Alaric.

Unfortunately for the investor, they can not escape due to the continued suspension. I suspect if they could the share price would collapse within hours.

Happy New Year.

San Leon has less importance than a single plankton in the massive portfolio of Tosca. The comparatively small capital loss that any demise of SLE may create will be offset against their capital gains. Martin Hughes (like many big investors over the years) certainly looks a fool for listening to Fanning, but he won't lose an iota of sleep over it.

The real issue here is years of optimistic projections that have been perfectly legally peddled by the CEO in RNS’s but rarely delivered. However, they have been backed up by consistent ramping by a series of posters, across many web bulletin boards, each when banned seem to have been reincarnated as “new" posters doing the same job of attempting to suppress the opposite opinion by threats, bullying, humiliation and suggestions of potential legal action. They have used any method possible to promote a company that has never succeeded in delivering its promises. These posts have probably encouraged investment in a company that must have one of the worst track records on AIM.

I wonder if TRAM eventually noticed such inconsistencies whilst doing final due diligence?

Cd27idw you can't smile whilst desperately applying mouth-to-mouth resuscitation to keep your latest rabbit alive. At the moment it would appear that every rabbit out of his hat since the conception of this company, has died.

Credit to Afamefuna for pointing this out to me a while back with his informed comment and factual posting, information far more accurate and precise than Alaric and his chum Sam. I honestly wish I had never listened to those two big-time rampers. As Sam would say I am now a "loser", as is every single private investor that has put money into this company, I suspect.

Little Sam seems a very appropriate name for one who is struggling with his own immature mind and continues to make childish comments. He asks people to grow up using such simplistic phrases as "it's u Dumbo....a doh ...who lost his dough...ha haaa."

It is obvious to all that It is little Sam that needs to grow up.

Alaric old chap, I asked Sam the question, did you forget who you were signed in as today? It would appear that you and this chartrader character have more than one thing in common.

Charttrader? Sam, please enlighten me. My internet search came up with trading software. Thanks.

"that prat in all his incarnations who habitually misleads posters across so many posting boards"

I couldn't agree more Blackswan, after also being mislead by the prat and his many personas.

On hindsight it's obvious that he has a serious and secret agenda that has nothing to do with his stated mission here. He certainly does not look after investors interests as he trys to make out.

Alaric my dear fellow, I completely understand that your position and reason for posting on this board would make you aggressive to any other opinion but your own. However you should consider that not everyone is here to do what you are obviously doing. 

You’d be wise not to judge other’s by your own actions but take comfort in the knowledge that you have encouraged me to become a SLE shareholder.  Therefore you should consider yourself a successful protagonist.

Lets just look forward to the great success for SLE that you constantly allure to.

Sam old chap Afamefuna seems to be quoting your words, did you not realise that?

Nod's as good as a wink, good point Alaric old chap. Iv'e instructed my broker.

No Alaric old chap, I based my investment in San Leon on what YOU have said on this site over the last 18 months.

Black Swan, it would appear that The President, Major General Muhammadu Buhari  is just telling you what  all politicians tell you. They say what you wish to hear to reassure you that it is nothing to worry about and its safe to continue to invest in their country. However judging from Afamefuna's post below, sabotage and theft is never going to stop. Its been going on for 30+ years and the authorities have never been able to halt the constant attack’s. The jungles of Nigeria are the perfect cover for rebels and the discontented, impoverished population will never cease in their attempt to balance the inequality.

I guess even the new pipeline will be attacked regularly. Where there is a need to survive there will always be a way found.

At the moment this is turning out to be the worst investment I have ever made!

Alaric, re your link, do you think that may be happening here?

Dam shame about England loosing.

Don’t worry chaps I only listen to half of what half of you saying and don’t listen to half of what the other half are saying. The delay in coming out of suspension has allowed me the luxury of time to do a lot of my own research and following this board for the last few months has helped me reach the conclusion that San Leon is well worth a punt but not worth risking as much as I first intended. It seems to be the correct decision for the time being as I currently hold a losing position but with great optimism.

Thank you Redeyemines, just business indeed, quite complex! Is there an agreed price, perhaps a percentage above or below say Brent oil price? I will take a look at the documentation Callasjunkie kindly mentioned.

Thank you Callasjunkie, you have an excellent knowlage about the details of the deal to be able to answer so fast! I have also been reading your other input to this site with great intrest and feel your posts are well informed and help ballance the often heated debate.