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Share Name Share Symbol Market Type Share ISIN Share Description
San Leon Energy Plc LSE:SLE London Ordinary Share IE00BWVFTP56 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 40.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -8.6 -2.3 - 200

San Leon Energy Share Discussion Threads

Showing 99276 to 99300 of 99300 messages
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DateSubjectAuthorDiscuss
06/12/2021
07:52
Again thanks for your reply and updating the board
janekane
04/12/2021
08:28
Jk, see coronavirus section here: https://www.londonstockexchange.com/resources/raise-finance-resources?tab=aim There was also a subsequent 'Market Matters’ publication but for the life of me can't find it now.
carcosa
03/12/2021
21:13
Correct Carcosa.. common sense prevails...
1kempton
03/12/2021
15:15
Sorry, I thought you were referring to delisting rules related to length of time being delisted. WHat will happen; assuming the RTO occurs, the listing for San Leon Energy will ultimately be cancelled although in practice cancellation San Leon's admission and the re-admission of the enlarged group will occur simultaneously, meaning that in practice existing shareholders will not notice anything of concern.
carcosa
03/12/2021
08:53
surely the rules you referring to relate to cash shells and investing companies only? SLE is only suspended because the acquisition is so much larger than the existing business. In these circumstances, rule 14 clearly states that "where shareholder approval is given for a reverse takeover, trading in the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant". In other words if the RTO takes place the existing listing will be cancelled anyway and SLE will have to apply to be readmitted
pejaten
03/12/2021
07:24
Carcosa can you copy and post the rule change you reference to regarding suspension Thanks in advance It’s a good position to be in if someone like you has this vital information at hand
janekane
02/12/2021
03:53
I would imagine that SLE will raise fresh cash and / or give some of the exiting large investors chance to sell down when relisting?
pejaten
01/12/2021
22:26
87 % of the Co is owned by 3 entities I expect some changes there in the long term. why being public for the small float?
kaos3
01/12/2021
21:09
maybe, with over 72% of the company today, Martin Hughes may have some idea? whatever value we notionally ascribed to our 10.5% of OML18 previously (and let's face it this was never reflected in the share price pre suspension), it would have been based on $27 oil (the prevailing price when we funded Jite's first move on OML18 in 2016. that and, whilst clearly a world class oil field, OML18 had been self evidently under invested over time by its previous operator - Shell - and most particularly in relation to its oil evacuation. so it was and still is hugely underperforming. so the question investors should be focusing on is what value might now be ascribed to 45% of this licence (assuming as indicated that Sahara get taken out) with a well funded regional operator and a brand new secure oil export system at $70+ oil? i recall the original submission docs projected OML18 selling well over 100,000 bopd. so here we are a bit late maybe but with the maths significantly improved - roll on the rto.
alaric7
01/12/2021
17:00
Absolutely haven't a clue... and no one does... SLE holders have no idea what size of the enlarged pie will be attributed to them.
tygwyg
01/12/2021
13:00
I really it comes back soon seems to quite a long time. what kind or re-rating could we be looking at?
red5
01/12/2021
11:22
it's a troll, carcosa. fortunately we've managed to clean up most of them from this board now. AIM has become a pain and am sure the bod want out asap, maybe after the rto?
alaric7
01/12/2021
07:58
Jane, Your statement would have been correct pre-COVID but current rules are such that they can remain delisted for 12 months before getting the 'boot'. Having said that I would prefer they did delist from AIM and relist on AQUIS; but then I am a shareholder in AQUIS so I would say that :-)
carcosa
01/12/2021
07:33
The problem of getting access to this massive debt is now becoming very clear we have 19 working days to Lift the suspension or we get the boot from the Stockmarket listing
janekane
29/11/2021
14:01
In light of today's very positive news, I think holders should be very happy and I can pretty much see a generous re rate when this comes back to the market.
porsche888
29/11/2021
13:38
Malcy says: Whilst it remains irksome that the work on the documentation continues and the shares remain suspended, there continues to be added value for San Leon shareholders building throughout the process and with it the potential for a substantial distribution to shareholders in due course.
philby1
29/11/2021
12:40
Thanks both.
dogwalker
29/11/2021
12:13
thanks hpcg. being laid though the water ways and then on the seafloor out to the FSO means that they are now not only very difficult for the oil thieves to access but also that high speed security launches can get to any attempted breach immediately. (modern oil pipelines come with fibre optic security systems)
alaric7
29/11/2021
11:30
Alternative Crude Oil Evacuation System - stop using land based pipelines which have huge losses, and pipe out to an FSO.
hpcg
29/11/2021
11:06
'ACOES'...alaric7, please remind what this stands for.
dogwalker
29/11/2021
10:40
Thanks kaos3
plasybryn
29/11/2021
10:39
Plasy yes - I understood it the same way .... debt repayment, infrastructure, add on opp etc I also got the feeling it will take a long time ..... to relist (merging all those Cos one by one into one unity, getting regulatory approval along the way in Africa and elsewhere ...) but economic reality works non stop ... for us .... I hope so I do not care.... as long as it goes our way
kaos3
29/11/2021
10:26
"Eroton's new loan term sheet and its consequential proposed acquisition of an additional interest in OML 18 demonstrates the widespread and ongoing support for OML 18 as a world class oil and gas asset." so bluerill was calling it right when he said 'the massive refinancing package at Eroton ...is going to anchor this RTO and the creation of AIM's largest independent oil and gas company' so we now just need an update on the ACOES to complete this most virtuous of circles. the facts that Eroton has done this huge refinancing on the back of OML18 and that the proposed deal sees a 'new' San Leon take a much bigger interest in it, announces loud though that all's well with the new pipeline etc
alaric7
29/11/2021
08:38
I would have liked to have been given an outline indication of how long it will take to relist. Does this mean basically less dividend income in the short term but potentially more in the longer term? Is that the bottom line?
plasybryn
29/11/2021
08:02
the "AIM Rules")) and to carry out due diligence. In accordance with Rule 14 of the AIM Rules, the Company's ordinary shares will remain suspended from trading on AIM until such time as either an AIM admission document is published or an announcement is released in the event that the reverse takeover in contemplation is not proceeding. Given the need for binding contractual documentation and applicable regulatory consents, there can be no guarantee at this stage that the Potential Transaction (including the proposed debt and equity investments by San Leon in ELI) or the Proposed Eroton Transaction will be entered into or, if entered into, that they will complete.
janekane
Chat Pages: 3972  3971  3970  3969  3968  3967  3966  3965  3964  3963  3962  3961  Older
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