San Leon Energy Share Discussion Threads

[witheco] 07/2/2017 07:59

Ouch 8.0M - how much cash in the bank? Can they cover it? Or are they going to have to phone up Martin? Maybe the Fu King oil company might do gift aid for the continued OML oil dryathalon.

[witheco] 06/2/2017 21:49

Do you think the offeror also doesn't understand the market? Do you think Tosca will cough up 55p if the offeror walks away from the table? Or will they fall back on the BOGOF offer at 25p? So on the for sale sign - The sales agency price is £1, the raised (internal bidder) floor market price is 55p, the real market price is obviously a lot lower. The book value is effectively the last rescue package - short term liabilities, pending court payouts and gobbled up costs. The future value is a disrupted pipeline, infrastructure and political instability and no guarantee on payment from the OML consortium roundabout. The competitive advantage is an asset you have no control over in a highly precarious position. Aside from that, it did win a trophy for best explorer in Poland after discovering the largest gas field in Europe for a decade on assets that have since been relinquished. Tempted? FA KIN SU PAH.

[elrico] 06/2/2017 21:05

Pure class. Make sure you clean the dummy before you put it back in your trap.

No matter what the sulkers think, TOSCA are giving PI an element of safety by mopping up lose shares at current levels, thus increasing the average price, which in turn offers PI a higher probability any bid is going to be significantly higher than these levels, thus limits the downside risk - Anyone doubting this doesn't understand the market.

[linksdean2] 06/2/2017 17:46

This wasn't very clever of you was it stoney trench!!..always ridiculing butt face to facts your a loser and one fooling bad one at that.. Figa!

not researching..
bought on the hype ie at a high price
sold low and as you state " lost here due to your own stupidity"..



chart trader2000 - 30 Jan 2017 - 14:31:14 - 29915 of 29922 San Leon Energy - The New Positive Thread - SLE
Links - you just worked out CT = CT2K, HELLO


CHART TRADER
18 Aug'13 - 07:04 - 759 of 6582 0 0
G1, the thread is meant to be a discussion thread if u want to read a ramping only thread u are in the wrong place, wish I had done more research before I bought my position here but that's history.
The reason for the number of posts yesterday ? not hard to work out but best if I let everyone come to their own conclusions.

CHART TRADER
8 Jan'14 - 15:41 - 3378 of 6479 0 0
I wanted to believe the hype so I did, no wonder I do not believe a word he says, how anyone else does after five years is a wonder to me. The big mistake I made I should have bailed when it fell back below 7p. Charts don't lie unlike many CEO's


CHART TRADER
11 Jan'14 - 11:33 - 3440 of 6479 0 0
Horse racing like shares is full of crooks but the reason I lost here was down to my own stupidity, I wanted a shale play, never looked at the history of the management, believed the BOD, not only Fanny they all have to approve what's released.

CHART TRADER 29 Mar'14 - 15:51 - 19850 of 19855 2 0

I have one thing in common with a lot of posters on this thread, I blame my myself for making a poor investment decision here, no one else is to blame, no one asked me to buy the share, I should have believed the chart, my mistake, don't think I have blamed anyone else. The management have been less than straight with the way they spun the news but we are where we are.

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

Oh derrrr!!

[triple seven] 06/2/2017 13:25

Second time posting this picture.What point are you trying to make?

[o1lman] 05/2/2017 12:28

Pursuant to a resolution of the Board of Directors dated 7 July 2016, the Company
has agreed to grant the Warrants to the Toscafund Managed Funds in respect of
10,000,000 Ordinary Shares in the Company. The Warrants will be created pursuant to a
warrant instrument (the “Warrant Instrument”) to be entered into on Admission conditional
on the approval of the Shareholders at the EGM. The form of the Warrant Instrument has
been approved by the Board of the Company. Each Warrant will entitle the holder, or any
person nominated in writing by the holder, to subscribe at any time during the subscription
period for one Ordinary Share. The subscription period begins on the date of entry into the
Warrant Instrument and ends on the seventh anniversary of such date. The subscription price
payable on the exercise of such Warrant is 25p per Ordinary Share.

...........

to subscribe at any time. if anyone doesn't understand that, as they clearly don't ask a five year to help out, oh dear, oh dear.

[o1lman] 05/2/2017 12:23

) Options and agreements 10,000,000
to purchase/sell (2.22%)
============================= ================= ===================
10,000,000
............

TOSCA have 10 million options at 25P, which are still outstanding as they haven't bought them yet.


..........

oh dear.

[o1lman] 04/2/2017 16:26

Imagine
verb

​to think that something exists or is true, although in fact it is not real or true:

[linksdean2] 04/2/2017 14:44

He must or you must be talkin about witheshort as he took one out at 52p!!..kweird how this chunder guy posts in the same hand same vein same guy..insane manner as stoney trench..the figa!!

[o1lman] 04/2/2017 12:48

I don't for one instance believe some commentators on here are making repeated short term gains on trading the movement - folks that do this do it from a technical perspective, very rarely would they get emotionally involved on a bb. And, besides they wouldn't concentrate on just one share. I think it's better not to give way to such posters as their intent is only clear to themselves or they have a misguided desperate hope to try to redeem quite substantial losses, that has had some impact on their quality of life. Either way, it's better not to engage with them and pass their comments as irrelevant. They have not, will not, and shall not provide any reliable information on the performance of the company. Which is what these bb should be used for.

chowtie

[o1lman] 04/2/2017 12:46

chowtie
Posts: 4
Research
Opinion: Strong Sell
Price: 52.50
View Thread (4)RE: In 2012Fri 10:38Frus, think that's an excellent analogy. I'm unsure of the motives of anyone that has not realised that this story has been one of false promises, failed delivery and constant dismal attempts to resurrect the company. This latest expedition bears all the hallmarks of the previous ones with income and production all overshadowed by complications, disruptions and entanglements way beyond the companies control. In a couple of months we should see the extent of these problems when the accounts get published, and I wouldn't like to be holding SLE when they do.

One thing is clear though - Tosca has already outlined (discretely and indirectly) that it will no longer rescue the company, hence why it is positioning itself to take it private. It's augmenting bit by bit it's % when the share price is depressed and will mop up the remainder once the share price has collapsed (post result phase).

I don't for one instance believe some commentators on here are making repeated short term gains on trading the movement - folks that do this do it from a technical perspective, very rarely would they get emotionally involved on a bb. And, besides they wouldn't concentrate on just one share. I think it's better not to give way to such posters as their intent is only clear to themselves or they have a misguided desperate hope to try to redeem quite substantial losses, that has had some impact on their quality of life. Either way, it's better not to engage with them and pass their comments as irrelevant. They have not, will not, and shall not provide any reliable information on the performance of the company. Which is what these bb should be used for.