Member Info for RichinMinerals

keep up dimpleton, or you may catch a cold when the Siberian winds blow )) The purchase of OPL 245, a collaboration between Shell and Eni, the Italian oil company, was conducted in 2011 to conclude years of legal tussle over ownership of the oilfield. Shell�s first involvement in the oilfield was in 2001 when it acquired a stake alongside a company believed to be under the control of Dan Etete, Nigeria�s oil minister between 1995 and 1998 (Etete is said to have secured rights to OPL 245 during his tenure, according to Global Witness). Still its nice to know people are not only willing to buy the asset on paper but also give backhanders, Nigerian oil the most in demand in the World! Back to sleep till the next berk has something non relevant to say lol. Bestest Dickie

yes GP, for me there is ZERO risk now as even if OML18 were to evapourate tomorrow and Nigeria vanishes from the face of the earth we still have 22Om coming back to us via the guaranteed loan notes from MW which alone gives a share price of over 52p. So basically the manipulated and distorted so called market is only valuing San Leon at less than half of what its got coming in from its guaranteed loan note repayments and a big fat zero for the asset, yet it is quite happy to value other oilers with only hope and speculation at multiples of SLEs MC, its really a text book example of markt manipulation at its finest and certainly another one that needs investigating. Also in my previous post, as well as omitting the dividend scenario, I also left out the 3 for 1 scenario and the steroid induced RTO scenario. I did this deliberately as I do not want the non holding position defenders soiling their beds tonight, we can save that moment for D Day )) Dickie

Yes folks, thats right, the guaranteed quarterly loan note repayments of 19m divided by 30 days = 633k income per day, divide that by say $40 a barrel profit oill comes to 15,825 bbls!! So we are basically generating the same revenues from the "guaranteed" loan notes as we would be if we were producing and getting paid for almost 16k bbls per day and I reiterate thats guaranteed revenue! The same way as its guaranteed that all these slanderous and defaming non holders are going to lose their shirts with their wrong way "bets" on San Leon in the near future )) It doesnt end there though, oh no, come ere theres more (said in a Jimmy Cricket accent for best effect) dont forget our near on 10% slice of the World class OML 18 producing asset, that although up until now has not been able to give a consistent revenue stream to San Leon (through no fault of Erotons) Eroton has encouragingly been receiving its back payments from the NNPC since Q4 2017 just AFTER we were suspended (me smells a little cheque coming our way soon lol) so add our 10% of OML 18 = approx 5k pd to the 16k pd loan note equivalent and all of a sudden we are on 21k pd!!! And thats just for starters ffs!! Now baring in mind Ithaca was taken out for $1.3B last year when oil was around $40 bbl and Ithacas cost per barrel was $20 and their avg daily production was a mere 9k bbls, it doesnt take a rocket scientist to realise that any offer below 115p was never going to cut it with Tosca who made a point in his RNS that a price attached to San Leon by two brokers was betweeen 100p and 130p and even the higher of the two prices given would have only equated to half of what Ithaca received from Delek Group, yes I know the North sea is not Nigeria but clearly the Chinese approaches were merely opportunistic in their nature as the oil price at the time was low and the Avinalaugh saga was being waged by the non holding position defenders as a doomsday lights out scenario for SLE, which didnt help! Forunately for the believers and holders including Tosca, the tide has turned, we are now DEBT FREE and have a GUARANTEED 16k bbl pd equivalent income for the next 18mths, plus with the ever increasing likelihood of a huge back dated oil payment landing on our doormat any minute and hereon in the chance of receiving regualr revenues from our 10% slice of OML 18. On that note I wont bore you all with the DIVIDENDS sketch lol Regards Richie P.S Say a prayer for the non holding position defenders ))

its actualy "defecation" Quel, but I wasnt alluring to that, defactation is a hybrid word, it simply means they will be shitting facts lol. GP, any shorts in SLE will be naked ones, they are the type that do most damage to the shorter, especially if a stock split is anounced as they will then have to buy 3 x the shares lol Can you imagine what that would do, with the lack of liquidity and under the aforementioned circumstances I could easily see SP touching 200p, that would be fun. However, the magic circle are under the false pretense of the share price actually opening lower, so in that case I will be feasting on cheaper shares lol. Bless, have pity on them though as the resurgent San Leons share price will be both unforgiving and relentless upon resumption, so glad I do not have an open short on San Leon, wouldnt be able to sleep at night. Dickie

it would be a great way to boost the much needed shareholder returns here after the deliberate and orchestrated shorting of the share price to its current level and would also force any open shorts or naked shorts to cover forcing the stocks price rapidly higher, as recently demonstrated by Herbalife common stock...... (Reuters) - Herbalife Ltd (HLF.N) said on Wednesday it plans to change its corporate name, refinance debt and effect a 2-for-1 stock split to boost shareholder returns, sending its shares to an all-time high. Ackman reminds me of Frus & Co in that for 6 years he has been claiming Herbalife was a pyramid scheme...... For years, Ackman has labeled the company a pyramid scheme and said it will eventually crumble under regulatory scrutiny over its operating model, which he alleges benefits distributors more than the actual users of products. Herbalife�s shares have instead risen since Ackman made the $1 billion bet, forcing him to close that position and limit his losses through options to sell shares. Ackman�s hedge fund Pershing Square Capital Management was not immediately available to comment. LOL, his hedgefund was unavailable to comment due to losing their shirt in a $1B short bet that went all Pete Tong )) I think the usual suspects on here and the other boards are going to get their "Ackman" moment in the not to distant and my guess is that they too will be unavailable for comment lol. If I were the owner of a naked short in San Leon right now, I would be extremley worried to the point of defactation, I would also be trying to convince myself and others that San Leon is a bad long bet, just like Ackman told his clients )) Good luck shorties, punishment time awaits you. Bestest Dickie

here here GPB, couldnt have said it better, the dirty dogs that have waged this war on San Leon are about to lose their shirts )) Richie

Thanks Tim, always a pleasure when I recieve a sane reply to a factual post! By the way, the other game changing fact that I omitted in my previous post is that SLE are now DEBT FREE for the first time in its history, that is all bar the 157 pounds of stock that Frus claims he is owed LOL! Have a good one. Regards Richie ) P.S As you know I am keen on flushing out the manipulators within the so called stock market, one day my "AIM" is to prove its existence and the perpetrators behind the manipulation. I have been busy with some detective work on Mothercare today as a member of my group flagged it to me recently. I posted my thoughts and findings on the MTC BB earlier. Certainly another one that needs investigating....

As at January 2018, the price of Nigeria�s Bonny Light crude was $70 per barrel. The differential of 167,000 daily multiplied by $70 per barrel showed that the country had gained a whopping daily revenue of $11,690,000 and $362,390,000 for the month of January as a result of the rise in production between December and January. How nice would it be to come back to market with a chunk of or even all the back dated oil payments from the NNPC and another timely loan note repayment of 19m )) Better still, all that and a 3 for 1, oooh I can see them squirm at the thought lol. Position defenders gonna take a hammering when she relists, they will be so blown out the water they wont know whats hit em!! Of course no one on here will get burnt will they? WILL THEY???? LOL Bestest Dickie

any relation to Ian and Pauline? I am sure that Frus/B7/Sid et al will come upwith some dodgy East End underworld connection lol. The position day of reckoning is getting nearer )) Bestest Dickie

Thanks to advice from Bruvver7 I am now nursing substantial losses as I foolishly took notice of his constant ramping of Premier oil and purchsed stock at 100p, now 77p. I guess I will now need to buy more to lower my average so as to recoup my losses. Dickie

notwithstanding the fact that the SLE SP was taken down to the artificially surpressed price of 24p I strongly believe those that purchased "prior" to suspension will be heavily rewarded. I also believe that Osin will do his utmost to silence the naysayers and manipulators and all the libelous posters once and for all. Do you honestly think that with Tosca having so much control and skin in the game he is going to sit back and let this crooked market just come waltzing in and be able to pick up shares for 25p for doing zilch, after him having put over 300m in to SLE? Really?? Nooh nooh nooh, if for one minute you position defending doom mongers think when SLE relist you are going to have it all your way again, im afraid I have bad news for you, you wont! More so, any institution that has not purchased client shares is going to suffer inexplicable financial loss and the sheer buying in the market from them that will ensue will lead to even higher ask prices upon resumption. This game has now changed for the benefit of all genuine shareholders, the master plan will unfold soon! I mean can you imagine relisting even without an enlarged company or even without a fabled 3 for 1, instead with news of back dated oil payments from NNPC having been received and a whopping great reserves upgrade, plus news of some service contract awards and dates of dividend payments to boot, can you imagine the carnage in their various offices acrros London, fly on the wall and all that lol Lets see them worm their way out of this self induced mess and should a 3 for 1 or similar pan out her, gawd bless em )) Good luck the non believers lol and you want to get on your knees and prey that existing shareholders do not receive extra shares, although I still believe this would be the best route for SLE to take, for the previous reasons I have already explained. Fingers crossed for a 3 for 1 Bestest Dickie x

https://www.cnbc.com/2018/01/29/ubs-deutsche-bank-and-hsbc-to-pay-millions-in-spoofing-settlement.html So thats yet again more "proven" and admitted market manipulation from the big 3, this time in the commodities markets and even the S&P 500!!! So we have proven and admitted FX rigging, proven and admitted commodities and S&P 500 rigging, Libor rigging and the numpties on here reckon that AIM manipulation and equities in general cant be rigged because its SETS traded lol!! IMHO certain posters here and on other BBs (you know who you are) are connected in some way to these clandestine goings on. Dickie goping to bring you all down one by one, he going to expose all your dirty little secrets and tricks you ply on the unwitting and gullable. Watch out peeps, Dickie is right on yer )) Bestest DTR

sounds like they are getting nervous GP, I wonder why lol Oh hang on, I just remembered I hold a stock that I have not posted on the BB for 2 years, I will make a negative post as I am a shareholder lol. Just LOL, LOL, LOL,LOL,LOL,LOL......the LOLs just keep going AND going and going lol )) Dont cha just luv em )) God bless ye Dickie

there were not any good grades given today or we would be trading @ .2 lol Yer man Ells is a dog for the City, a real true puppet master and thats why when it reaches the heady heights of .57 I will be shorting this puppy. Remember IG Markets are not who you think they are )) Good luck Ricky

wrong brag, McCormicks made an offer, Darby refused it. As I said, Darby walking the plank will have the desired effect on the SP, my avg is around current levels so not too fussed either way as at some stage this will be re rated or taken over. R

IG have so far got it pegged around .57 but I believe they will be falling on their own sword soon )) There is only so long they can mess with a stock before it turns around and bites them on the a55 lol Good luck Ricky

Mince pies are what Premier sell, whilst big porky pies are what Darby tells. 70p was not enough, it undervalued us was his guff. Nissins stake at 63, is down the swanee with you and me. So come back McCormick all is forgiven, as the promises he made were torn like a ribbon. The moral of the story is not to be hasty, when the CEO of the company says mmm Bisto Gravy! The End Hoping either this chancer walks the plank soon or McCormicks go hostile. I cant see even Nissins 20% being able to do much if a sensible bid were to land, I think 80p and everyone will sell just to move on. Heres hoping Rich

Call me ole fashioned but before Christmas and the "prior" months, the so called negative holders on this and other BBs were calling the end of the world for SLE shareholders regarding the Avinalaugh situation. I am therefore utterly bemused that now that soap episode has been scrapped and never will be shown, all those supposed negative shareholders are not jumping for joy with the outcome that was concluded....I mean surely if one was a genuine shareholder and if as they were saying that the end was nigh for San Leon and it was lights out time, would one then not be ecstatic when the opposite outcome materialised instead? It Doesnt seem to be the case for some bizzare reason as "they" are now trying to say it was a non event and is no longer important lol.. Its seeming ever apparent that my suspicions surrounding the motives of these posters is evidently becoming more obvious by the day and I shall now say good luck to the non believers as you sure as hell will be needing it in large doses )) Bestest Dickie the Dutch

they have not let me repeat my shorting activities since, they must like me and not want me to lose money due to the stocks re rating right )) Its funny how Zac Mirs has gone all shy re his 1:6p PT and that was way before all these SP enhancing bolt ons we have under our belt... Perhaps the spreadbetting World have told him to zip it as they are going to lose enough money as it is without losing more )) Rich

the main benefits of a 3 for 1 @ around the 50p level would include but not be limited to increased liquidity for trading purposes, existing investors would have the opportunity to sell some of their holdings if they wished, entailing the uninvested the chance to buy in to a high dividend yielding company.at a very reasonable price and with plenty of room for growth. Existing loyal shreholders would not be diluted but instead be rewarded for their patience against those that sought the demise of SLE for the last 3 years but the best bit for me would be that anyone with an open short would be burned three times )) and any entities who have not purchased the shares for clients will need to buy three times the amount in the market )) these two events alone would send the srtock into orbit and for once they would be the ones harmed by the shares sharp upward trajectory instead of the constant gain they have received for shorting down and manipultaing the share price for almost 3 years. I think this kind of corporate action should be the least SLE management should do for its shareholders whom have had to endure the constant manipulation of the share price and the reading of the constant negativity on the various discussion BBs over many years. So come on Osin, you owe it to us and them )) Bestest Dickie I seriously this the BoD should consider this option as it is not only beneficial to the existing share holders but also to new investors and as previously stated the shares in issue would only be circa 1.5B and the market cap of the combined companies would be approx 750m which is just under the price that SP Angel attributed to SLE alone more than a year ago when oil was $28bbl..... Do the math and this idea seems a very viable and sensible option which does not nessitate the dilution that all these so called doom mongers say they suffered 3 years ago, plus there is no way Tosca would allow his stake to be diluted any further. Wishful thinking or a visionary thought? )) That will give em night sweats lol Fingers crosssed X Dickie