Member Info for Alaric

'Mr readysteady. could go anyways. ups downs.'

'I haven't a notion what will happen post suspension' well redeyemines the trolls seem to have all angles covered. they have that wonderful advantage of being ignorant without it inhibiting their propensity to express meaningless opinions :-)

Surely not bandit. Afake has always said he's a big player and been shorting this through the whole piece, so how can you doubt him? moreover Junkie has always maintained he has never held any stock in san leon, although that's pretty weird and probably irrelevant just like him :-)

'The saying "Always judge your friends by the company they keep" - comes to mind.' in your case, BS, that'll be your old muckers Afake and Junkie? boy you guys have hit some new lows here, looking to make political capital out of this tragic event. talking of friends, i guess Oisin has lost a good one in Paul-Henri Nargeolot, who would have been on the trips Oisin made. Nargeolot was a retired French Navy commander aged 77. he was a specialist on the Titanic, having made more trips down than anyone else. how do we know he became a friend of Oisin's? well only guessing but they named a newly discovered ridge at nearly 4000 metres down the ' Nargeolot-Fanning ridge. keep up the good work chaps, nothing quite like a bit of old fashioned ad hominem on our ceo to get the bile juices flowing :-)

Oo ouch! ABC certainly know how to sting :-)

So just a quick summary of what we've discovered from ABC over the last couple of days. it's hugely exciting stuff and to top that C informs us he has a direct source in Eroton. it doesn’t get better than the horse's mouth! so what scintillating info have we discovered? to start apparently the theft of oil continues. this will come as a shock to many, who thought that the oil thieves had handed themselves in to comply with president tinubu's request to do so. next we find out the mother ship possibly has a name and even more amazing it actually does hold 250,000 barrels of oil! many will say they knew that already but remember this is from the horse's mouth. finally we discover that the mother ship was anchored somewhere off the niger delta, although it may no longer be. well that's it and i hope you agree that, with this valuable research from ABC, we would be none the wiser. (have i got that right?).

'I'm used to the gutter behaviour on this board.' yep Junkie, with board mates like Afake you certainly are.

Yeah? better than gutter press from a gutter journalist, whose gold standard of reporting is set by the Nigerian online media :-)

What you mean unlike yours?

Frus, i think Google has sussed you that's all. the Google spider is politely trying to tell you you're not welcome here :-)

NickLeeson9, your criticism of management on not commenting on the attempted snatch of the operatorship of OML18 is perhaps a little unfair. the arbitration is still evidently ongoing, so the matter is 'sub judice'. while parties to any dispute before any tribunal have to be careful about what they say, i think some criticism can be levelled at management for not giving us any idea of the timeline here.

Junkie, i've already addressed my thoughts on the rns. gravity is not a word i would use to describe it, so we clearly differ on that. as for diversionary issues nobody cares two hoots about, all i can say is clearly you do! i was just correcting your error-strewn observations on these 'diversionary issues'. delighted for your success in life but somehow doubt that had anything to do with the law :-)

Litigation is about legal jurisdiction...no amounts specifically claimed.' really Junkie is that right? i don't think so. you continue to display your ignorance of many things. and beyond hilariously you attempt to tell me what litigation is about. let me correct you again. ignoring the fact that this dispute is being arbitrated and thus not a litigation at all, both your statements about litigation are catastrophically wrong. first you need to settle jurisdictional issues before you issue your writ. if you commence proceedings in the wrong jurisdiction or in the wrong tribunal, you won't get far. you will succeed though in running up a big bill of wasted legal costs. i also recommend you read the contract to check if it's got an arbitration clause, as this goes to jurisdiction. next you suggest that no specific amounts will be claimed. surprising given the claim appears to concern liquidated amounts, don't you think? maybe a good idea, Junkie, to keep off law in future? all not lost, however, as you could still sit your fertilizer exams. well it's a thought anyway and no-one can say i'm not a thoughtful person :-)

I see you haven't chosen to 'play the ball', as you put it, Junkie and answer my complete response to your earlier post claiming misrepresentation of the very large amounts of money owed by NNPC and Sahara to Eroton. it's typical of you to fail to respond further when your conclusions have been challenged successfully. maybe ball sports just aren't your thing :-)

Correct redeyemines. as usual the fake one lies. what struck me from this morning's rns was that we're now just waiting for regulatory approval before starting to sell oil. also that they're optimistic on securing the interim finance ($50m?). moreover it's clear that there's no pressure from creditors. so despite the nomad (correctly in my view) insisting on this rns, in a very short time we could be receiving good news. not time to lose patience here and those that do will end up losers financially.

The problem you have here, Junkie, is that you're not citing from the pleadings, which you may know can be be amended during process. moreover as you acknowledge yourself the source is already 3 years out of date: Suit Number FHC/L/CS/976/2020 . what's worse is that your supposed substantiation is just a synopsis of NNPC'S claim. the point you miss is that it obviously makes no reference to their liability for 55% of opex. why would it, it's NNPC'S claim after all? wiser claimants would have given credit for their own liabilities but this is NNPC, who clearly imagine they can get away with anything. helpfully (to us at least) you have unwittingly disclosed the relevant reference to this from the admission document. this states: 'It is the case of Eroton that it expended several sums for itself and Sahara in respect of the costs/expenditure incurred in the joint operations and cash calls for OML 18. Sahara is obligated but has failed to reimburse Eroton for Sahara’s share in the joint

operations and cash calls. The total outstanding debt due to Eroton is US$72,111,096.72 being the sum paid by Eroton in respect of Sahara’s participating interest in OML 18.'

if you had had sight of of the up-to-date pleadings you might at least have some grasp of what the case was about but even then you wouldn't really know what was going on. let's face it you're clutching at straws here :-)

I wonder, Junkie, if you could send me a copy of the pleadings in the case, so i can check the figures for myself? it's not that i don't trust you per se (i don't btw) but it would be good for this board to see some substantiation of your claims. the bit you guys never choose to deal with is how appalling as partners in OML18 both NNPC and Sahara have been, not to mention their blatant corruption. but referring to that elephant in the room doesn’t suit your agenda. moreover, if you could but see it, it's the standout reason why they won't be allowed to take on any more operatorships. you appear to ignore the (for you) inconvenient fact that the government are trying to wind down or at least completely reformulate NNPC. by all means keep burying your heads in the sand - it won’t affect the outcome :-)

'Ad Hominem@....now play the ball and not the man.' what you mean just like you have and your bessie Afake :-) the answer is blowing in the wind, Junkie. you need to factor what NNPC'S partner in crime, Sahara owe Eroton as well.

The slight problem you have BS with that seemingly worthy claim (actually pompous), if you don't mind my name saying, is that you post under a subject title of 'Alaric and his poodle' and you keep bad company on this board, who prefer ad hominem stuff to factual discussion. moreover your bile against the company is there for all to see. nice try though : -)

Very old news about NNPC attempting to take over the operatorship of OML18, BS, which, as you know, Eroton are in the process of blocking in arbitration proceedings. it is simply bizarre to me that you lot get so excited by the idea of a demonstrably corrupt state organisation trying to misappropriate our assets, when this so evidently would fly in the face of Nigeria's stated policy of wanting to attract foreign direct investment in their hydrocarbons industry, far and away their biggest revenue earner. moreover you always omit to mention that NNPC owes Eroton over $100m, which rather puts in the shade all the kack that spouts out junkie about Notore :-)

However good an idea you think NNPC taking over the operatorship of OML18, it ain't going to happen not even in your wildest imaginings. i don't know what you're on, Junkie, but you clearly haven't been keeping up to with what's occurred at NNPC over the last couple of years. read this and still tell shareholders that your idea is good one: saharareporters.com/2023/04/12/exclusive-fresh-crisis-nigerias-petroleum-company-nnpc-ceo-mele-kyari-chief-financial