Member Info for Callasjunkie

There's an old trader adage "Buy on the rumour, sell on the fact." PVR a classic example, helped on by some fairly obvious ramping last week. Main ramper not posted since Friday...expect he/she sold first thing Monday laughing all the way to the bank.

So its 'excellent news' that San Leon cant get its deal done? Strange, Alaric, but where is Pavlov's dog? Gone missing like the Eli Akaso?

Hey, where's Pavlov's dog? So looking forward to the news that I'm. non-holder. Love congratulations.

So the Oza two and half month deal deadline extension is all down to Covid 19 communication difficulties? Shocking that Zoom, email, mobiles, landlines have all been malfunctioning since 1 September. Maybe the carrier pigeon doesn't recognise postcodes.

McLean,
Are you referring to the Law of Diminishing Returns?
From a very happy non-holder.

ps McLean,I do hope you are loading up with this once in a lifetime opportunity....to enrich Fanny.

Oh dear, McLean, its almost embarrasing to point this out to you.
HL is 1389p because thats the market valuation.
SLE is 24.5p because thats the market valuation....you know, the people who vote with their feet.
HL broker suggested a future value less than 30% higher, the shares rise = market credible.
Allenby suggest +200% future value, the shares fall = market thumbsdown.

As I have posted many times, I dont hold this share. Mc Lean are you a holder? How many shares do you own?
Holding or non-holding is not a qualification for posting on this site.

And in English?

McLean, you really shouldn't get so upset,not good for your health. I merely asked why the share price had gone down despite San Leon's own broker valuing the company at nearly 300% higher than the current share price. No one seems to know...worrying.

Allenby, San Leon's recently engaged broker, valued San Leon at 82p on 29 September when the closing price was 26.9p. Can anyone explain to me why the price has since gone down?

You ask "what is it with me?". Well for tasters, I dont warm to a man, with a record of shortcomings like his, who gives an interview on 3 August stating that the ACOES will be operational mid to late September/early October and then releases interims on 25 September stating it will be ready in unspecified future quarters. He's on Eroton's Board. Maybe he sleeps through their meetings.

Net 6 month production was 25,200 b/d. Allowing for disclosed downtime and production losses, this puts gross production at little over 37,000 b/d.
Thats just a tad short of the 50,000 b/d that Fanny was spouting to the media in recent weeks.

Astoundingly SLE has yet again nil revenue.
So lets have a new competition to rename the MSA.
Winner to supply * letters in Master**** Services Agreement.

MPML loss was in fact $8.0m (not 8.8m), so mysterious other income in excess of $11.9m .

MLPL, the Mauritian holding company which owns the stake in Eroton and in which SLE has a 40% interest, is the holder of the Loan Notes. It paid SLE $19.9m in interest in 2019, yet only made an after tax loss of $8.8m indicating it had other income in excess of $11.1m. Interesting as the Accounts also state that Eroton has not paid a dividend. Needless to say there is no disclosure of the specific amount and source of this income.

Still going through RNS, but note that Directors Remuneration has increased significantly (Note 9). However I can't find the required analysis in the Directors Report.

Taqa is a subsidiary of Abu Dhabi National Energy co. Law360 website appears to have a review of the litigation but for free registration you have to have a business email. You probably got this far already, Afamefuna.

https://thenationonlineng.net/local-firms-owe-90-of-8b-oil-industry-debt-to-banks/

https://thenationonlineng.net/local-firms-owe-90-of-8b-oil-industry-debt-to-banks/