Member Info for GPback

Nigeria Financial In accordance with the terms of the $174.5 million loan note instruments held by San Leon pursuant to the OML 18 assets (as described more fully in the Interim Statement dated 29 September 2017), the average quarterly scheduled amount of principal and interest to date is approximately $19 million. To date, $39.6 million has been received by San Leon in order to avoid a default under the loan note instruments. SLE is also due to receive approximately $19 million by 1 April 2018 from or on behalf of Midwestern Leon Petroleum Limited (“MLPL”), and further similar quarterly amounts thereafter, until all Notes have been repaid.

He’s just winding you up skull. I saw it a mile off.

redeyemines, of course you are correct. The shorters don’t want you to be haha. I’m sat here in Tuscany drinking beautiful Italian wines relaxed about the future of SLE. Can’t wait to double up. My shirt will stay on my back but in the spirit of friendship and compatriatism with frus and b7 when we open 100% up I’ll take my shirt off and run around waving it in the air (oh and keeping it) lol. Wouldn’t want to be short SLE ;-D

You are funny b7 lol.

Read the last RNS. It’s in there. 39 mill received.

People have different timeframes. I used to have multiple timeframes in each stock when I day traded. It’s clear the day traders were all over the last rise which helped by the second RNS saw them leave. Off the bb I said to peeps that I was glad it dropped back because my timeframe is 5-7 years so buying at the cheapest price now is key! If of course I get my exit price after GL earlier then all the better!!

Frus I just don’t believe you. When one invest in a stock it is because there are certain future triggers which will add value. These triggers are what dickie posts and I believe he is right in every one. They have to come off of course but if they do then the result is positive. Take the oil price rise. Why isn’t that a positive? The 19 million a month which is coming in. The supposed payment of historical debts (to come off -granted) next month. A potential RTO. All very positive. The kind of positives that one might invest for -which I am. In - out. Thank you.

That’s ok. I didn’t take offence. My positivity is well founded and I don’t care what people say. I’m going to buy and buy until the amount of stock I can get with the cash warrants stopping. I can’t believe the position the company is finally in. It is mega.

I haven’t profited on Gcm for near 18 months. I’m building my stake up again.

I bet you close your shorts the second we re-open lol. All I said still stands.

Been busy. Can’t post as much as usual at the minute. In Italy at the moment enjoying the sun. Looking in and seeing a nice rise and why not based on expectations. I’m still a buyer.

“and to top it all” should have been.

Deluded. No court case, no debt, 39 mill paid with more due, oil price risen, and to it all historical debts being paid in April. Good luck with your short b7. Ha!!

Who? B7? He’s scared we might end up 100% plus next week.

A lot of moaning by the sounds of it lol. No sell off Friday was a good start. The question is at what price will any fund raise be? If Tang can get plenty of demand based on his understanding of discussions with GoB and a timeline for a favourable decision then we might just be pleasantly surprised and it might be higher than the sp now. Too much negativity on the bbs, we need some funds to kick us down the road and pay Polo back that’s all. When I have more funds then I’ll be adding.

Without the GL - should have said.

We got to 330p with the GL. Expectation is enough.

5-6 weeks actually. Can’t wait to double up.

Ogm4, stop ramping lol. Good times ahead.

We always knew it would be like this as the company heads towards the GL. Everybody wants a slice but doesn’t want to pay the market rate. Also, what a surprise it is to some that we need more funds. Shouldn’t have been. We all should know the financials. How much do we need? 3 million quid? Maybe a little more. Depending on appetite this could well be at s premium to the current price!! That would light the stock up don’t you think?? Haha