San Leon Energy Share Discussion Threads

[o1lman] 19/12/2016 18:24

guess if u post enough sh1te for long enough u must get lucky one day.

[o1lman] 19/12/2016 18:24

CHART TRADER - 17 Jan 2016 - 10:58:40 - 39540 of 43499 San Leon Energy - SLE
SloppyJoe
Posts: 3,644
Off Topic
Opinion: No Opinion
Price: 27.50
SmithyToday 10:27It's ridiculous to think of the value of the asset at Rawicz, when considered against the mc here.

The company would be undervalued if it were the only asset. When you throw on top of that an asset like Siekierki, with a clear plan for production and worth multiples of the mc on its own.

We can all accept that Barryroe is unlikely to be developed in the current climate but it's value, even in its dormant state, is worth more than the current mc.

If you throw in Lewino, again seemingly a distant prospect, you would have to do some proper maths to calculate the multiples, even if SLE were only able to retain a 20% stake. Again, the valuation of the asset in its current undeveloped state is worth multiples of the mc.

If you consider the cash position, the nearness to production and the fact that the assets above form nothing like an exhaustive list, you can begin to appreciate how massively undervalued the company is.

Can't see why a shareholder would object to me pointing this out but there you are.

There might be some huge vulture buy orders sat below the bid. These may be filled this week. Clearly there remains a need to persuade the PI to part with his shares, hence the otherwise unexplainable animosity.

Good luck all shareholders.

[o1lman] 19/12/2016 18:03

which bashers were they ? of more interest where is sl1nky ?

[leedskier] 19/12/2016 17:55

I am sure we were promised by the bashers, that there would be a big fall this afternoon enabling a top up. What happened?

[triple seven] 19/12/2016 17:48

And the resident troll returns.Knew he couldn't stay away Unbelievable

[elrico] 19/12/2016 16:39

Joto - I've had 33 years experience of making my own mistakes without the wisdom of a dirty mouthed schizophrenic.

Thanks all the same fella.

[o1lman] 19/12/2016 16:39

o1lman19 Dec '16 - 16:12 - 28907 of 28911 5 0 Edit
crikey, this bboard is a magnet for the unbalanced.
triple seven19 Dec '16 - 16:22 - 28908 of 28911 0 0 (Filtered)

elrico19 Dec '16 - 16:30 - 28909 of 28911 0 0
Shallow - quick to login and out to vote himself up...all amusing. I'm not sure if he thinks he is fooling himself our his schizophrenic friends.

...............

keep watching 5 will become 6.

[elrico] 19/12/2016 16:36

Back on topic - we finished pretty much where I said I expected SLE to close, just a 1 percentage point or so better than I thought. share price probably called this correct, not for chasing up, not with the record SLE has for pulling investors trousers down. IF and it is BIG IF...materialises, it must be at least c20% premium to today's close; not a great deal of comfort to some that have been here a while. In their case, it is best there is no bid so SLE can carry on developing OML18 if the bull case for oil continues, which I think it will.

Enough ramblings from this fool today.

Good luck

[jotoha2] 19/12/2016 16:33

Oilman has been pretty good at identifying what a pile of shiiiiiiiiiiiite this company is , so do invest your hard earned if you enjoy giving it away.

[elrico] 19/12/2016 16:30

Shallow - quick to login and out to vote himself up...all amusing. I'm not sure if he thinks he is fooling himself our his schizophrenic friends.

[o1lman] 19/12/2016 16:12

crikey, this bboard is a magnet for the unbalanced.

[elrico] 19/12/2016 16:08

Thats better
o1lman19 Dec '16 - 16:03 - 28903 of 28905 0 0 (Filtered)

o1lman19 Dec '16 - 16:04 - 28904 of 28905 0 0 (Filtered)

[elrico] 19/12/2016 16:07

Hypocrite - Stop baiting people and carry on with your bashing SLE :-)

Filtered....I have had more than enough fun with you than should be allowed, even for this time of year.

[elrico] 19/12/2016 16:02

Apologies o1lman if I gave you the impression your opinion matters to me; For clarity, it don't.

I notice irony is not lost on you either. Yeah got to laugh ;-)

[o1lman] 19/12/2016 15:21

welcome to the new shareholders here, like 99% of the pre placing shareholders u are losing money.

[o1lman] 19/12/2016 12:38

whilst I have no interest in what u post, where is sl1nky, not taking a pre xmas mini break is he ?

[o1lman] 19/12/2016 12:26

where is sl1nky ?

[triple seven] 19/12/2016 12:21

Sad non holder