San Leon Energy Share Discussion Threads

[alaric7] 17/8/2022 21:49

cave idus Martias, glavius, or maybe even the ides of August

[glavey] 17/8/2022 07:12

Isn't it time this was suspended?

[undertaker] 16/8/2022 10:05

Witheco.... you in a hospital or something?!

[witheco] 15/8/2022 12:53

Patients lots and lots of patients.

[alaric7] 12/8/2022 09:53

porsche - i replied to your earlier newsflow point but if you're on a smartphone you need to go to read full thread to see it

[porsche888] 12/8/2022 09:35

I guess patience is the key here. My price assessment is circa 60-80 p over the next 18 months so there is plenty of upside from this price here on in

[porsche888] 11/8/2022 15:05

Some decent buying going on ..yippee

[porsche888] 11/8/2022 11:40

Thanks alaric, much appreciated,, IMO we need a bit of newsflow from SLE to get the market moving, and I think the best newsflow would be updated on the pipeline.

[alaric7] 11/8/2022 11:24

porsche - think we've been told end of year for the pipeline and that in the meantime they're barging oil to the FSO

[porsche888] 11/8/2022 10:06

We need news on this pipeline.

[1kempton] 08/8/2022 23:32

All moving ahead news soon by malcys article..

[philby1] 08/8/2022 15:25

Malcy on san Leon today.

This vote at the EGM announced on Friday confirms the restructuring in which SLE will now increase its stake in OML 18 and ELI and therefore the pipeline link. This will in time virtually eradicate ullage problems and be incredibly profitable for San Leon and given its policy of distribution, its shareholders as well.

[alaric7] 08/8/2022 11:19

and that of course means the RTO and all that entails, including the proposed $750m syndicated facility led by Afreximbank as well as the 50% ownership of the new pipeline and FSO has now been approved by San Leon’s shareholders. and that of course includes Jite Okoloko and Midwestern, who are already significant shareholders in San Leon.

[plasybryn] 05/8/2022 14:09

EGM 11.30 today.The Company is pleased to confirm that all of the resolutions proposed at the AGM and the EGM were successfully passed by way of poll without amendment .

[porsche888] 04/8/2022 11:14

I have set a realisation price at 80p, based on net cash flows from the increased holding in OML18. The ACOES pipeline is the key news flow we need IMO

[alaric7] 04/8/2022 08:35

outsize 'it can only be a matter of time before we take off'. i couldn't agree with you more. when this whole reorganisation completes before the end of the year, san leon will own 4x more of OML18 and 50% of the new pipeline and FSO. this should allow it to sell 50,000 bopd net of minimal losses, with the potential through workovers and further field development to double that production. difficult to see then what will keep the share price below 80p then with loads of potential to grow.

[outsizeclothes.com] 03/8/2022 20:44

The shareprice seems happy at around 40p, but surely, with oil north of $100, it can only be a matter of time before we take off.

[1kempton] 31/7/2022 23:27

Cheers Alaric very nice write up

[porsche888] 29/7/2022 14:49

Nice lift today alright

[alaric7] 29/7/2022 14:47

the vote at the EGM is a formality. over 87% of the company is owned by Tosca, Midwestern and Oisin Fanning. it is unimaginable that the Admission Document could have published without the full support of these parties.