San Leon Energy Share Discussion Threads

[divmad] 22/5/2019 19:21

Its getting towards the end of May soon and no operational update on Eroton since the documentation about the TO.

[1historyman] 18/5/2019 09:51

Div, guess that depends, if that's your best ever performance, anyway try again when it breaks the dizzy heights of 0.5p for the LTH's.
I've been on break, skiing in the West Indies or was it cruising around Switzerland !!
I couldn't post as us would have known that I was still in the UK.

[divmad] 16/5/2019 13:25

Breaking 40p again sure feels good, doesn't it, history man.

[czar] 16/5/2019 07:47

There will be another buy back, its when and how much we don't know. July is the obvious time after the next $20m drops in end of June, the price will have to be above the last 46p probably 50% above market like it was last time. The big difference this time is the market won't let us in at a massive discount like before, they only make that mistake once. So imho the price will start to move up ahead of the July buy back. Whatever, fill your boots now, this is a golden gift.

[echoridge] 16/5/2019 06:50

Ask yourself, Why does there necessarily have to be 'news' coming just because the price has moved a couple of percent? I've laid out in agonising detail, on message boards and to numerous investors off-line, just how undervalued this stock is and how the company has a proven record of returning cash to shareholders. The oil price is on fire and our company is increasingly equipped to fully capture the economics of this environment fully. Why can't there just be big buyer around who likes the cut of this company's jib instead of always reducing every decent move in the market to a news/no news-the-next-day debate?

[alaric7] 10/5/2019 13:02

This is the Irish Times link for the whole story :
hxxps://prod-discourse-uploads.s3-eu-west-1.amazonaws.com/original/2X/a/a38a732be823464c9d3ecf49845983a80e48001d.jpg

[alaric7] 10/5/2019 12:34

key highlights from Oisin' interview with the Irish Times just before the SBB.
awash in cash doesn't really tell the story - no wonder the trolls have been busy trying to unpick it - i guess they're bricking it.

- Output from OML18 likely to surge by a third on completion of new pipeline (before end 2019)
- Billion barrels of oil, trillion cubic feet of gas
- No creditors
- $170m more cash by end 2020
- Strategy of continuing cash back to shareholders

[alaric7] 10/5/2019 12:34

key highlights from Oisin' interview with the Irish Times just before the SBB.
awash in cash doesn't really tell the story - no wonder the trolls have been busy trying to unpick it - i guess they're bricking it.

- Output from OML18 likely to surge by a third on completion of new pipeline (before end 2019)
- Billion barrels of oil, trillion cubic feet of gas
- No creditors
- $170m more cash by end 2020
- Strategy of continuing cash back to shareholders

[alaric7] 08/5/2019 21:03

trust me history boy, none of us is remotely interested in you as a person, why would we be? - candidly you come across as pretty self obsessed and boorish. you attract ad hominen attack,1)because you indulge in that weakness yourself; 2)you have stated openly in your many guises on these boards that you want to see SLE shareholders brought low;and 3)you rarely if at all address intellectual argument honestly. If you hadn't noticed, we are actually sick of your bombastic, monotonous and self righteous spoutings and look forward to the day soon when they will cease. Nothing personal, just objective observation. Ps. am sorry to disappoint but if your recent comment about a poster being from Ireland was meant to be me, you really do need all the help Divmad is suggesting. I don't work for SLE. It's simpler - I'm a shareholder, so please grow up before too late.

[1historyman] 08/5/2019 17:44

div, u should worry more about yourself. may I remind u this a bboard about SLE and not me, it would more interesting if u posted about SLE as I'm quite an expert about me.
it's possible I could buy shares in SLE, then again it's possible I may win the lottery as I've bought a ticket.

[divmad] 08/5/2019 17:01

History man 1, I really think you are attached at the navel to this BB. Are you aware of that medical condition associated with withdrawal symptoms from an addiction? Seriously, I worry about you . Try to wean yourself off here gradually, for your own mental well-being.

[1historyman] 08/5/2019 16:00

and the last visitor to the thread was, drumroll, from Ireland, so no surprise there then.

[alaric7] 08/5/2019 15:18

OMG history boy, you do talk some bilge. You failed to mention how their electric planes are coming on? Well we're some way from commercial electric air travel still, so while Shell may be right about the ultimate future of hydrocarbons, we're not quite at the end yet. China has the fastest growing internal aviation market in the world reaching over half a billion passengers last year from 60 odd million in 1990.this figure is expected to reach 1.5bn by 2036. By 2022 it is predicted to become the largest aviation market in the world building 8 new airports a year. It already has 230 civil airports. Boeing reckon they will need another 5000 plus passenger planes in the next decade. Enough stats? Oh they still drink hydrocarbons BTW.

[1historyman] 08/5/2019 14:59

now if anyone wants to post about SLE try any of the below

i. how much oil did Eroton sell last year
ii. how much profit did Eroton make last year or was it a loss
iii. how much of the last interest payment has been made
iv. how much the MLPL has borrowed to pay the interest to date to SLE
v. what was the flow rate on the last well
vi. has the payment due 31 Mar been made
vii. what exactly are the shareholdings in SLE

[1historyman] 08/5/2019 14:50

yep, first purchase in 2012.

[divmad] 08/5/2019 14:35

But he hasn't taken any divis yet, as none have been declared.

[1historyman] 08/5/2019 11:18

Shell states the future of energy is renewables with back up from gas, there will be no place for oil in the new energy economy.
so I would guess it's bad news for Eroton that they fixed their gas sales price to Notore for the next 20 years.