San Leon Energy Share Discussion Threads

[gary hindsight] 21/6/2022 21:21

What's the betting on it moving dates again?

[alaric7] 18/6/2022 21:15

great post 1jbrisky. you should comment more often.

[1jbrisky] 18/6/2022 13:03

RED5, you don't seem overly suited to investing.
Sometimes stuff happens and you just have to ride with it.
If your original investment decision was sound then I don't see a problem.
Frustrating? Maybe, but nothing you can do to change that.

[red5] 17/6/2022 04:38

This better get resolved soon to long to bloody wait and what's with way and always seem to make an announcement and then extend it another month very annoyed.

[1kempton] 16/6/2022 20:43

Plus there is many other companies looking at using eli akaso adding more value to sle as sle hold a very tidy percentage and those companies pay in advance..eli holds 2mboe capacity..

[nibbles1967] 16/6/2022 18:03

Presumably the company has made some money during the last twelve months, so what's happening with that?

[alaric7] 16/6/2022 17:33

we also know that they're aiming for 100,000 + bopd net of losses, so this story has got organic growth as well. even initially 50,000 a day net of losses at current prices for bonny light is going to be a boon. agree though impossible to value this until we get the admission doc.

[hpcg] 16/6/2022 08:56

We know what has happened to the oil price in the last 12 months. We know for the deal to even happen the offshore oil evacuation route must be functional even if not running through the pipelines. We now Nigeria undershoots its OPEC quota by about half a million barrels per day. So we should anticipate upside. However without the details it is impossible to model any form of valuation.

[pejaten] 16/6/2022 08:46

How does anyone know until we understand the terms if the deal?

[red5] 16/6/2022 08:19

so what is the likely of the follow back on at 80p back on 120p back on at 200p
please all what is the likely hood in percentage terms please.

[undertaker] 14/6/2022 07:37

10 days to go!

[bernieboy] 09/6/2022 14:50

Can I play? 16 perhaps? Lol

[undertaker] 05/6/2022 09:11

...20...I give up!

[brian1944] 01/6/2022 09:01

lets hope it all goes ahead

[undertaker] 01/6/2022 08:03

23 days to go then!

[1kempton] 31/5/2022 15:18

Great find from QF on lse Zak Philips values sle between 76p/£1.21p..

cdn.proactiveinvestors.com/upload/NetResearch/PdfFile/2021_04/ec738851-6844-4766-9a4e-49069fed1348.pdf

But that has changed with the rto, as Zak works on the old 10.58% indirect economic interest..sp could now be higher!!!..

Especially when sle have if rto concludes.. 10.58% to 44.1 %...

"As previously announced, as part of the Potential Transaction, San Leon would increase its indirect economic interest in Eroton from 39.2% to 98.0% and, taking into account the completion of the Proposed Eroton Transaction, San Leon's initial indirect economic interest in OML 18 would increase from the current 10.58% to 44.1%. "

Fooookin wowzer..

[alaric7] 27/5/2022 20:35

indeed sam, although technically i suspect 24 June can slide, the fact that this is exactly 12 months from the initiating announcement should focus hearts and minds

[1kempton] 27/5/2022 11:22

Hopefully the final furlong is approaching!!.

[plasybryn] 27/5/2022 07:17

How many times though? Surely this can't go on any longer.