San Leon Energy Share Discussion Threads

[glavey] 02/6/2023 10:53

Must be about time this was suspended again.

[wsm812] 02/6/2023 08:43

Why all the negativity witheco?

If you don't believe in this business just jog on and leave this board to those who wish to share factual news.

[witheco] 02/6/2023 08:18

That pot of gold belongs to the leprechaun - not something any of you lot are going to share.

[alaric7] 01/6/2023 23:23

'them rainbows' really witheco? your use of english is appalling. more importantly as usual you miss the point. the rainbows go but the pot of gold remains - it's called OML18.

[witheco] 01/6/2023 18:08

Them rainbows soon disappear.

[alaric7] 31/5/2023 22:57

more like a rainbow with a pot of gold at its end i think witheco

[witheco] 05/5/2023 14:19

Looks like a golden shower to me.

[wsm812] 02/5/2023 12:38

Huge spread today, and a fall on a piddly small sell - MMs are tree-shaking I reckon. Look for a rebound pm

[wsm812] 20/4/2023 14:36

The chart is showing a very nice line of support at 25p. The sma50 is poised to break through the sma 200 (golden cross) and could signify a dramatic upward change in price. A good news rns would be the catalyst. GLA

[witheco] 14/4/2023 14:38

These comments should be accompanied with tobacco, resin and KS rizla's to have the maximum effect.

[alaric7] 14/4/2023 09:13

hxxps://saharareporters.com/2023/04/12/exclusive-fresh-crisis-nigerias-petroleum-company-nnpc-ceo-mele-kyari-chief-financial

[glavey] 12/4/2023 06:25

I bought a Ferrari but the finance couldn't be arranged with the dealer, so I bought a Porsche instead but my bank wouldn't advance the money, so I bought a house, subject to contract of course, then the building society wouldn't provide the mortgage. Someone since told me that in the real world one needs to make a deposit or down payment. I don't understand why.

[apollocreed1] 09/4/2023 15:40

I knew this was a scam back when the CEO pretended he bought £20m of stock and then confessed a few months later that he didn't "get the finance" for it.

[alaric7] 05/4/2023 10:34

i meant to add that this revenue generation will also address the auditors' regulatory qualifications regarding the long term viability of the company. whilst we can see this is, in reality, a cosmetic benefit only. it is nonetheless an important one from a general market perspective.

[alaric7] 05/4/2023 09:15

Leopold, i think they can barge as much oil as they produce. the process is clearly more cumbersome than oil passing through the pipeline but, make no mistake, serious revenues will be generated by this means. as i mentioned it will also serve to dispel troll insinuations that we're up against it as well as giving the lie to NNPC's nonsense. i think it also ticks a box for Shell, who are not only the offtaker for OML18 but also part of the syndicate led by Afreximbank providing the $750m facility on the principal deal. so as we can see this seemingly humdrum process is actually pivotal in the bigger picture.

[leopoldalcox] 04/4/2023 21:13

How much can be barged alaric7? I've never really figured that out but doesn't seem to be too much. Maybe enough to keep the lights on until the deal completes

[alaric7] 04/4/2023 15:06

Leopold, the really important news here is that the FSO should be properly anchored inside a week now. that means it can receive barged oil immediately and thus san leon will be sharing in regular revenues from then on.it means that san leon start receiving oil revenues immediately. not only does this put paid to the trolls' insinuation that we've been living on borrowed time with the bailiffs knocking on the door but it rather pulls the rug from under NNPC's specious argument that the licence isn’t being operated properly.

[wsm812] 04/4/2023 09:26

Sargeant Hindsight Investment Trust would be a better acronym....

[witheco] 04/4/2023 08:41

Well done to the 10 day trader guys in the Captain Hindsight Investment Trust.