Member Info for bluerill

No, you fugazi, I only said there isn't a power play over OML-18 and as far as Eli's difficulties and thus ACEOS's future, sle remains in the driving seat. Its you who are clueless. As for your question, now all of sudden you're asking about funding/financing? I thought 5 minutes ago, it wasn't about the bond or financing, it was about POWER? Remember that? I sure do and it fits into yet another very suspicious behaviour your displaying: an almost constant moving of the goalposts. You spew out your purple prose with the latest 'evidence' of trouble at san leon, like all that money they weren't spending on litigation that had nothing to do with them, I correct it, and then you blithely move on to the next made-up existential crisis and claims of insider knowledge that you clearly don't possess. Classic grifter behaviour.

'.....I say this as someone who lives and works here. Nigeria is a country I deeply respect, but it’s unforgiving. It will swallow you up and spit you out overnight. If you can leave with your phone, a small bag, and catch a flight home, you’re lucky. Some expats survive and succeed, but only after paying in blood, sweat and tears....' I mean, come on, seriously?!? This purple prose is somehow, in your mind, the output of someone whose significance you willingly choose to endorse as legitimate and relevant and not a transparent bot-like creature with ulterior motives?

Serious question, What is wrong with you? Is it really so important for you to find allies that disagree with me that you'll completely ignore all these red flags? Have I really been that mean to you in your mind?

I hate to pick on someone who gets so much of his self-worth from a financial chat board, but for crissake bs, are you really that stu.. - I mean, credulous, - that you don't find this guy's whole schtick just the teeny, tiniest bit off? Don't you feel any hestiancy at all aligning what's left of your 'reputation' here with a poster who rocks up on this obscure site out of nowhere, asserts he's major creditor of the Company, spews objective nonsense and untruths and then tries to polish his bone fides by claiming to be an Irish nationalist. None of that strikes you as the slightest bit strange?!?

Bs - give it up. If all you have left is projection (and your trusty google machine of course), you're nothing

Quick hint as lse malfunctions again: if this guy truly knew anything about sle and what its attempting to do, he would know that the value prop at the center is NOT OML 18, though that is still relevant.

Does no one else (bs excluded) not see what is happening here? In just the span of 3 posts he has gone from misinformation nonsense about litigation san leon is neither involved in, nor is anywhere near paying for, and ending with spectacular gibberish like, '.....I am an Irish Citizen, I would love to see an Irish company like SLE make it here, it would be a huge success story back home. But one thing about the Irish we fight to the bitter end, I expect that of SLE until you can't fight anymore....'

please gtjd. First save your phoney bonhomie and your utterly undeserved patronising tone. Aside from having the established the widest gap imaginable between the insider you claim to be 'on the ground', and someone who clearly knows less about anything important regarding san leon - from its bond financing to its political connections to its business structure (again: eli is an equity stake) - than even bs or

Of course you would, then you won't have to suffer being constantly exposed as an ignorant googling coward.

And don't worry, I haven't ignored the latest weirdo, wacko or wretch you've shamelessly aligned yourself with in the vain attempt to avoid being humiliated again and again. gtjd's latest pile of meandering, misleading mutterings will get the dismissal they deserve shortly and you and your cringe attempts at trying to insult me from behind yet another paper tiger, will once again fall woefully short.

Add useless to shameless coward

For me, it seemed a bit of virtue signalling initially, but on reflection, demonstrating the ability to produce a home in a day, no matter how modest, is a double rebuke to the worst of the company's critics who have shamelessly doubted the production facility's very existence, never mind openly questioning its capabilities. As for burnishing the company's charitable bone fides, it certainly can't hurt if a particularly civic-minded entrepreneur in Greece, or Mexico, or Poland happens on that video and takes it to the World Bank to apply for grants to build a factory in-country to employ a half a dozen locals, and produce social housing. Longshot? Maybe, but someone gets that grant money every year and modular housing product production is tailor-made for the program, while for the theoretical entrepreneur, funding the only major cost in the Eco business model - purchasing the equipment, since the factory shell can be quite basic - essentially for free, offers a very tempting capital return profile even if the end customer is the government.

Frazer Lang continues to provide solid commentary on his X account on the back of today's RNS and has also provided a link to a substack analyst who has written on the Company:

https://x.com/GPJersey1/status/1964949014383939672

https://x.com/GPJersey1/status/1964598994866143621

the reddit piece linked in the 2nd tweet:

https://theoakbloke.substack.com/p/ascend-or-descend-with-eco-b?triedRedirect=true

Well, I did already to be fair, but otherwise the only thing that really registered was Jim Mellon's talk: as always the closest thing sharestock has to a Warren Buffett in terms of a long investment record of success across asset classes and geographies, always entertaining and worth listening to, and he was bearish the US and bullish on the UK. mic drop.....

Coward. You have nothing to say here anymore. Backing the wrong horse time and again and not an ounce of integrity to admit you've been wrong every time disqualifies you and any of your remaining dopey attempts at relevance.

gtjd - I am too busy and too tired for all this. Your post is pretty much end-to-end gibberish and your assertion of expertise commensurately ridiculous. San Leon own an equity stake of 13% in Eli. That's it. There have been no litigation costs for sle at all to date in the cases sited as you've insisted, nor is there any legal recourse against it for anyone making successful claims against Eli, period, no matter how 'concerned' 'us' may be. You and your partners are creditors and worried about a windup of Eli?? Well let me put your minds at rest: San Leon-Eli is a shell and has no assets to foreclose on as I have already shared here. Let them do their worst. Hope that helps....

However, none of that even begins to address the elephant in the room here; namely, how utterly ridiculous your very presence on this poxy message board is in the first place, spreading embarrassing legal mis-information, that is if you are who you claim to be of course. If so, what possible value is there for you to rock up here with your phoney friendliness and bogus 'concern.' Getting some kind of limp endorsement from a shameless ditto-head like blackswan? Being able to claim you know better, because you and your colleagues are 'on the ground'. Somehow, I don't think that gets you any closer to retrieving any of the dough you claim you're owed. Frankly gtjd, your presence here, your deep errors of logic, hell, even your nickname, are 5-alarm warning bells peeling loudly. At best, all of this is just plain weird.

Never been a fan of winnifrith, but he has been a pretty consistent advocate for the company's tech and especially Eco's potential to help address a public need that's clearly a real interest of his. He had his often cringey 'ShareStock' gathering this weekend, which wasn't quite as cringey as in the past, and I managed to meet up with a few Eco true believers who are especially hopeful that Thursday's apartment block order is not the last we can hope to hear from the company in the near term, and moreso, that the company can find a deep-pocketed partner in their home market, the UK. I have to admit, I have myself supported the Company's strategy so far of attacking 2nd and 3rd world markets like Chile and Senegal, where demand is massive, but NIMBY barriers are much lower - and also because developed markets like the UK have proven to be such deadzones for the likes of Ilke and Top Hat to date - but they were persuasive. Wondering if one of them is continuing to buy today on the back of the solid order on Thursday and Friday's news that Albani will become acting CEO (which was also a very popular development among this small focus group), as well as this weekend's conversations. Watch this space I guess...

So, to review: 2 court cases, breathlessly presented here as not just relevant, but very, very serious, almost existential in nature, by 2 posters who emerged while SLE was deep into a period of suspension and now de-listing. And while this board is familiar with

Albani should have taken the CEO reins from the jump, but better late than never. Augers well.

And another thing....as orders finally accelerate and production commensurately gains some traction (and the share price follows suit hopefully), this is not likely to be a company that bothers with a lot of the niceties larger firms with bloated head-counts engage in, perhaps even some things shareholders (especially smaller, private ones), have come to expect from a listed company. I'm not saying I approve entirely - certainly a small board saves money but we need another independent director and general outreach to the stock market has been poor - but the clear upside here is that path from gross profit to net income will likewise be a far smoother one. And for a company producing product at a 40%+ gross margin, having slim-lined overhead costs - which cascades through, by the way, a slim-lined business model which requires mostly annual OpEx, with minimal CapX - creates the basic predicate for enormous operating leverage, which would then should drive a parabolic response in the share. That's the theory anyway. Said a different way: perhaps the past 2 years of stumbles and struggles in Duress weren't entirely wasted. Instead, maybe that time was also used to upgrade a production process that is now sufficiently automated that it requires fewer professionals than ever to oversee so that now the likely architect of that improvement - Albani - is in a position to take over formally as CEO and focus exclusively on strategy, fundraising and opening new markets like Chile, as he's comfortable the company's cutting-edge (ok, that's a bit flowery language, but I admit, I find the whole low cost, very high spec panels impressive) production process is finally up to standard. Ergo, yesterday's RNS.

Do I think the lack of the usual nice comments in the RNS from either the company or Bowry indicated an acrimonious split? Yes, clearly. But do I think that acrimony is itself a sign of trouble at the Company? No. At worst its neutral as I believe Albani - an engineering PhD, btw, though admittedly in another field - is a bit of an unpolished gem and can actually prove a significant positive for the company going forward as I've described.

Sorry, here's the abridged version in response to gtjd's latest breathless reporting: its a nothingburger and sle isn't paying for any lawyers bc ITS NOT A LITIGANT!

(cont) ..... I think readers here are starting to clock 2 important things: 1. corporate litigation in Nigeria is virtually the national sport; 2. posters such as

Good lord, this is a wind-up, right? We're still suspended, so there is precious little utility to my constantly having to constantly correct this type of egregious phoney scholarship in the first place, but at the same time I