Member Info for DanBrown83

its up to you as a holder and your average Do you sell and try an make money else where Do you hold - wait for perhaps a spike when disposal happens - they haven't said what they are actually disposing or provided any clarification other than lease payments will be reduced - i assume on this they are selling the the lease on a Data Centre to another operator, probably for the equivalent of a £1 etc, thus reduces the potential revenues but also reduces operating costs, csf group are losing money and are forecasting to lose money in the forseeable future and have 9 years minimum on leases they have to service who will have first re-call on any cash the company has - currently if admin - its zero to shareholders

moving up - passed 20p Have the MM's done there dirty deed, got the Institutional Investor some good cheap shares and now going to move normally

He can't back it up, so he hides until enough posts happen and then copies and pastes again pushing his lies onto new PI's

OMG - ProfW you are an idiot you quote page 52 of the annual report, this does not relate to a sale of one Block by CSF It relates to a sale of Block C of CX5 by IDCB to repay the JV DEVELOPMENT LOAN in 2015 CSF GROUP DO NOT OWN CX1 / CX2 or CX5

It needs good interims with actually updated revenue / production figures confirmation we have paid Avobone Any Financing Requirements actually sorted (if needed) - BOD stated worse case will need it until Mid 2018 its the next 3 months where the immediate cash flow is difficult Come 2018, we will look forward and be singing BOD's praises

you can see them dropping the price to hit automated sells to fund bigger buys no one is actually selling on a normal trade - its primarily automated trades where some investor has a price set - you can see the round figures at each 0.25 drop

probably got another 3million buy order from ING at 20p they want to fill

Still can't see it here - Good Luck and all

now i do love my Ethereum :)

The issue with Fanning is mainly his wages (a fortune for very little) since November 2016 - the future has got a lot brighter - subject to the Short Term funding gap because of Avobone Come December / January - we will be in a lot better position - that my opinion reading the Annual report and notes Its not Doom & Gloom bust - its a tricky period and then long life profits

So i can assume 56,000 as worse case believe i have read 61,000 and they plan to try and increase to 100,000+ by end of year

Im sure i have seen 61,000 barrels but can't find - im at work so dont really have tons of time to trawl A San Leon Energy PLC Operating and Corporate Update RNS Number : 6566C 19 April 2017 Operating and Corporate Update San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, is pleased to provide an update on operations and finances related to its initial indirect 9.72 per cent. interest in the OML 18 project, onshore Nigeria. OML 18 Operations Overview Current oil production, including 50% of the Awoba field, is approximately 56,000 barrels of oil per day ("bopd") before downtime and pipeline losses, up approximately 3,000 bopd since the operational update of 30 December 2016. OML 18, including 50% of the Awoba field, produced 40,507 bopd before pipeline losses in 2016, or 48,768 bopd before pipeline losses on a producing day basis in 2016. Production at OML 18 has continued uninterrupted by any security issues in 2017. Current gas sales are 50 million standard cubic feet per day ("mmscf/d"). Gas sales averaged 41.6 mmscf/d, or approximately, 7,000 barrels of oil equivalent per day ("boepd") in 2016. The Krakama field was brought into production in January 2017, ahead of schedule. The field is currently producing approximately 5,500 bbl oil per day ("bopd") gross from three producing wells. Planned workover activity on two further existing Krakama wells is expected to increase production further. The Buguma Creek field is expected to go online during Q2 2017, with an Early Production Facility currently being constructed on site. A field development plan ("FDP") for Akaso has been submitted to the Nigerian National Petroleum Company ("NNPC") for approval. Further FDP's are being generated on Cawthorne Channel and Alakiri, with expected submittal to NNPC in Q2 2017. Eroton is currently working on an updated reserves report, with an expectation of adding material oil and condensate volumes. OML 18 2016 Production Summary and Commentary Average oil sales for 2016 were 30,969 bopd (after downtime and disputed pipeline losses, including 50% of the Awoba field), compared with the initial CPR expectation (set out in the admission document of San Leon dated 26 August 2016 ("Admission Document")) of 47,058 bopd. The discrepancy between the sales and production numbers is largely attributable to three main factors, each of which is already being addressed proactively by Eroton, the operator of OML 18. These factors are workover/drilling progress; production downtime; and estimated pipeline losses. Workover/drilling progress Non-rig workovers performed during 2016 and 2017 have proceeded less quickly than envisaged, principally due to delays in receiving partner permissions from NNPC, but also certain downhole challenges which required more specialist equipment to be mobilised. These issue

i would hope Interims end of September - since the Final results are now in I would like the BOD to keep us a bit more informed - especially on the following points: RECEIPTS OF MLPL LOAN REPAYMENTS OUR PAYMENTS TO AVOBONE been made successfully The directors have assumed that additional loan facilities of €12 million will be obtained in October 2017 and a further €7 million will be obtained in November 2017 to meet the Group's payment commitments.

Chairmans statement relates to looking to increase production by end of year to 100,000bpd "It is most Petroleum Engineers' wish to be in the middle of a world-class asset with an active work programme of well revitalisations and new drilling. While there have been challenges as well as successes, we have outlined to shareholders how Eroton is tackling issues as they arise, as it targets the gross field production of 100,000+ bopd shown in the CPR, albeit with some delays as announced. San Leon expects to become more actively involved in operations as its Nigerian service company begins performing drilling and workover functions, and appoints its senior technical appointee to Eroton.

will have a check but i have from memory seeing 61,000bpd and looking to increase by end of year

Exactly, how on earth was that many shares available at 20p, there wasn't, everyone thought it was huge sells on the button hence the drop, now we know it's a buy it smells, anyway, interims and loan payments in and payments to Avobone to do these next few months, if all goes well, I still remain adamant we should be debt free by turn of year, now receiving payments from nnpc, 2018 could turn out to be highly profitable with a return to shareholders, fact is, start of year this was 50p, we are in a much better situation yet we're now 22p, what a mad world

£1,250 lost in 40 minutes Whats the rational

Looks like the professionals were investing yesterday How that many shares were purchased at that price is beyond me - obviously MM's dropped this to fulfil the order on purchase and fleeced the average Investor

Thank you fishing, I bought in at 21p late Friday, so a good 30% up in a day, then SLE comes out of suspension and drops 35% lol, my AST was nicely up today so a good day overall thanks to EME mainly

but thank you whoever it was who mentioned EME on Friday - sure it was this board :)