Member Info for Alaric

'No, the oil has to first get from the well heads through the OML18 pipe network before it even gets pumped out to the FSO!'
another phenomenal insight from BS. where would be without him?

nice to get some factual posting, thanks PizzaGate. sounds like disappointing news though for BS and co. don't be fooled though - they're all the same guy. time now to focus on the main deal for San Leon - the RTO. not long to go now which will be be worrying for the Troll.

Oleo - the point you miss here is that Nigeria's problems exporting oil play to San Leon’s advantage, as soon as they open the new secure dedicated pipeline and export system for OML18. pretty obvious if you think about it - yes?

"as far as I can read we have internally (within San Leon per se ) agreed on everything - externally the "Nigerians" have agreed on Nothing"
BS - internally or externally, where did you read this gem? in your tea leaves? given Afreximbank had some time ago issued a term sheet and has now credit committee approval for this $750m, maybe it's time to change which brand of tea you buy.

hilarious BS, no-one does funny quite like you. much as i might enjoy indulging in some 'troilism', i rather think mrs A might have something to say about that! more twaddle from you and as usual no supporting facts are given to back up your disingenuous insinuations. to remind - we know Afreximbank has credit committee approval for the facility and this is what the last rns said 'The board of San Leon remains confident that the Proposed Transactions will complete by or during the final quarter of this year, as originally set out in the Admission Document.'
maybe best stick to the facts BS and keep off fantasies about troilism?

give it a rest BS. the tide has turned and you haven't figured that no one is interested in your pathetic petty little games

great plaudits for our man from the celtic mists, redeyemines. and it is indeed a remarkable story, which will in due course come to be seen as unique maybe even poetic, certainly among AIM oil stocks.

the rns reads very well indeed and shareholders should take comfort from it.
'...In order to acquire additional interests in OML 18 and take its economic interest to 45% of OML 18, Eroton proposes to enter into new senior secured reserve-based lending facilities totaling US$750 million (the "New Eroton Debt Facilities"), to be provided to Eroton by a lending consortium headed by Afreximbank. Whilst this process has advanced it remains a complex procedure with several interested parties and, as a result, additional time is needed to finalise the loan agreements and ancillary documentation. Consequently the condition relating to the New Eroton Debt Facilities, which had been due to be finalised by 31 August 2022, has now been extended to 30 September 2022 by agreement with Midwestern. Aside from the extension of timing, the structure of the New Eroton Debt Facilities remains in accordance with the description set out in the Admission Document.
The board of San Leon remains confident that the Proposed Transactions will complete by or during the final quarter of this year, as originally set out in the Admission Document.'

i'll take that as a no, BS. no examples provided by you of my alleged 'uninformed comments' or of any 'illegality'. why am i not surprised? maybe though you can explain the relevance of Nigeria's refining capability to San Leon’s investment case? to remind they will be pushing all the (unrefined) oil from OML18 through the FSO to their off-taker Shell, who will ship it to global markets. so Nigerian refineries have nothing to do with the thing. just more disingenuous disinformation, it would seem, from our now sole remaining board troll.

'your consistent relatively uninformed comments over the years do make me think you have more in this chat share game than is legally allowed.' BS you will need, now having made these accusations, to specify both 'uninformed comments' and what illegality. think carefully before and how you answer. it's kind of put up or shut up time, so no pressure.

always the snide dig BS. the problem is you give yourself away. referring to me and sam as 'samalarik' is a bit of boo-boo. and to say you've been reading sam's posts 'over the years', when i see he's only been a member since 2021, is most telling. don't you think so ct? it's fair to say you've been on trollwatch for the last couple of years, so we'll see how it goes from here.

think they're saying 'hopefully October'

'The Company is pleased to confirm that all of the resolutions proposed at the AGM and the EGM were successfully passed by way of poll without amendment.'

https://www.proactiveinvestors.co.uk/companies/news/988769/san-leon-s-decklar-petroleum-interest-starts-producing-oil-988769.html

https://www.proactiveinvestors.co.uk/LON:SLE/San-Leon-Energy-PLC/rns/1181222

idiotic sam? more like asinine. as in braying...

'I have never held shares in San Leon and never will I.' omg CJ - that's even weirder! you some kind of share stalker? well i responded to your points and all of a sudden you don't want to discuss any more. byee

well CJ, quite a bit to deal with here. you flatter yourself if you imagine your utterances are worthy of rage though. pity might be closer to the mark. first things first. you have told this board that you no longer hold stock in San Leon, having sold at a significant loss after the collapse of their business in Poland. fair enough i suppose, although to the casual observer you must admit it's a bit weird all these years on to be attacking San Leon’s Nigerian business, when that was irrelevant to your own investment decision and you're no longer even a shareholder? you tell us you worked in oil and in Nigeria and you claim to have some empathy with Nigerians. you appear to have no problem though in quoting your board friend, Afamefuna, on his research on corruption in Nigeria, despite his showing no compunction in faking west african pidgin as his style of communication with this board. i wonder if you have ever imagined just how insulting that is to genuine West African people who read our board? no? you were correct in reporting that David Cameron observed that Nigeria was 'fantastically corrupt'. he was speaking with the Queen and the Archbishop of Canterbury, quite inappropriately imo for a PM on the occasion of the UK hosting a conference on anti-corruption. apparently Justin Welby had to correct him by saying that Buhari wasn't corrupt and was trying very hard to sort the problem. when Buhari was approached the following day by the BBC, he looked disappointed saying that everyone knew his country had a problem but they needed help from the UK in repatriating the billions of dollars laundered here principally in real estate in London. sadly no response from Cameron, who i'm afraid looked like the t0sser he always was. you need to be careful throwing around glib accusations of corruption, as they have a habit of coming back and biting you on the btm, as we've found out only too recently with the vast wealth invested here by corrupt Russians. i think most San Leon investors have got their heads round this issue and have taken a pragmatic view. which brings us neatly back to you CJ and what you're really about here?

delighted if you're a shareholder here 36800 but i should point out i don't advise you, so dyor. i try to pass intelligent comment on what i see here. if people find that helpful, that's great. you will have noticed, i also deal with the trolls who have habitually plagued the san leon boards over time. many have been banned now.

indeed redeyemines and this also means that, as the off-taker, Shell are participating in the syndicated facility of $750m led by Afreximbank. given Shell were the previous operator of OML18, you might think that's a reasonable vote of confidence in this licence's potential..