Member Info for Alaric

Trouble is Afake you don't know good news from bad. Julian Tedder was a pain in the neck and i reckon the boss edged him out. as the old adage goes he jumped before he was pushed :-)

, you appear to have forgotten what i told you before about the ocean pearl ill-fated winding up petition. to remind this is what you said: 'note the last case activity on Ocean Pearls winding up petition was progressed on 1st August. Does anyone have more information on the outcome of the day's proceedings? Has San Leon Eli Ltd been wound up?' it's not going to be enforceable as the shares are in hoc to the bank. simples :-)

Finally we're off AIM! AIM has outlived its usefulness and there are plenty of better options for a company like us to trade stocks. aside from anything else AIM is not any good for all but pre revenue oilers like us. before any trolls jump in, this will have zero impact on our prospective funding and i look forward to seeing news on this soon.

'An investment into a government bond is usually considered low risk but the bond appears to be gambling its backer's money into a very high-risk proposition that no other lender seems prepared to take on without an awful lot of, shall we say, negotiation. Most unusual.'

36800 you don't appear to understand the risk profile of bonds, despite making a supposition based on it. your mistaken impression is that you don't know that bonds are priced with a coupon say 20%. i very much doubt san leon will want to use all of the €500m so imagine we'll use the substantial balance by lending it on quite possibly at a higher coupon which might cover our coupon. another possible bit of good news might be in the deposit that might be payable by Midwestern. we shall see as further details emerge on this excellent news for san leon. i notice unsurprisingly that the trolls without exception have taken a very negative view on our news. plus cą change :-)

I aint posted fur 6 week you idiot'.and what bliss not to have to read your garbage posts Afake :-)

Brilliant coup pulled off by the deal meister himself Oisin Fanning - hats off to him from a all us long term holders!

Thanks bluerill for the correction! i must have had a brainstorm as i also got the figure for the investment in San Leon wrong. this should have read £50m, which albeit not paltry pails by comparison to the talk talk figure.

36800, you have naively over other investments in the same fund that san leon are in principally talk talk in which Tosca have invested £2m. this should be compared to the approximate 5m (using the sp when the share price at the time of suspension) that Tosca has in san leon. all this information is available on Bloomberg. so what's up with talk talk? again this information is easily available if you bother to look.

TalkTalk is in the process of breaking up and selling off parts of its business as it grapples with a £1.1bn debt pile. The recent rise in interest rates mean the company is bracing for a sharp increase in its borrowing costs when it refinances these debts early next year.

'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?

This morning's rns completely vindicates everything we've been saying about Ocean Pearl's absurd petition. it's sadly yet another example of how the trolls latch onto any potentially negative story about San Leon, without engaging their brains. how embarrassing :-)

Think you were right first time redeyemines :-)

I notice none of the trolls has responded to my exposure of their dissumlulation about the insolvency proceedings. so come on guys here's your chance to show us that you're actually not dishonest trolls after all :-)

I should correct an important detail in my last post. it's Ocean Pearls shares in Eli that are in hock to the bank which is logical if you think about it.

Although it's academic, the prospect of an Order for Discovery is salivating!' even more nonsense from Junkie. disappointing for the trolls but i understand that the winding up petition hasn't even been served yet. that's the problem with thinking that reading the nigerian press is actually research. it obviously isn't and even worse for the trolls is their failure to realise that the petition will never be served, as redeyemines explained recently GT Bank to whom ELI's shares are hocked have to consent and they ain't never going to do that. the trolls would be well advised to take a leaf out of redeyemines' book and do proper research for once. that's all :-)

However, courts will not usually list anything but substantive actions.' usual nonsense from Junkie who as per in his rush to diss san leon fails to engage his little grey cells and spouts garbage. the obvious point he misses is that anyway can start and pursue legal proceedings to trial and appeals. if courts had the power to decide which cases got listed and which didn't that would be predjucial. that's exactly what happens in countries which don't have rule of law like Russia and China. that's all :-)

Billgreen i didn't intend anything by my use of 'imagine' but i hope between me and redeyemines we've answered your question. you will have noted the trolls carry on ignoring these perfectly satisfactory answers.

Done just read and weep BS.

Hi bilgreen, this isn't the biggy you seem to imagine. it's the second time they have tried but the need approval of their bank Gtb to whom their shares are pledged and have not been able to get it. moreover i understand that san leon don't owe them a penny. meanwhile the trolls will have another meaningless moment with this only to have their hopes of Amargedon for the company dashed yet again. over a few years they have been prophesying the end of san leon and here they still are. quite remarkable don't you think?

Very old news indeed BS. and incorrect as Eroton weren't sacked. this was a neat solution to quite a long running between the parties to the JOA. how typical of this troll to attempt to continue a dissisumation, which had long run out of steam. readers may remember he had originally insinuated that losing the operatorship meant forfeiting their interest in this licence.

My weekly reminder that none of the trolls holds any stock in San Leon Energy. whilst occasionally i can occasionally be over exuberant about my holding here i can assure readers that i wouldn't be holding unless i completely trusted the management and the investment case. if one doesn't hold any stock, the only plausible explanation for posting negatively is that you're employed by a long/short fund and part of your job description is to post negatively about stocks the fund is running a short on. ignoring the criminal illegality of such behaviour you should ask yourselves whether you trust professionally employed dissemblers more than a long term shareholder who has met the management on a number of occasions and has done deep research on the investment case.