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Sirius Petroleum Share Discussion Threads
Showing 68801 to 68822 of 68825 messages
|COSL contracted to drill by June. Here's a handbook
|Many people regret not buying more at .25, I imagine many will result not buying sub 1p too|
|Lets not get too carried away sonic, i like everyone else here want too see this come off but its important not to be over confident folk should only invest what they can afford to.|
|A curve ball may arrive without any warning... Hold and buy more, payday is coming so will top up one more time!|
|Htrocka, re funding Ororo
From the COSL RN
"This Vendor Finance Contract establishes the cornerstone and thereby major element of the operational financing for the Ororo project."
This reads like Ororo is paid for, in the main, with, perhaps Partner 4, in the main, perhaps sealing the credibility and financial clout of the project going forward as "develop our shallow offshore development program"|
|I'm with Pipelinepete only one way from here and thats up! :-) I wonder what ever happened to Grannytit??? I reckon he's still here on this board!!! Did his best though... Q2 is our time folks...... hold on... Big prize is coming..... Tick Tick Boom!|
|xerot..... thanks for that...it was a wedding breakfast, I recommend it...you should try it.|
|Breakfast of retards lol|
|Only going one way now|
|Shez20... I remember having those for breakfast myself when in the States......
Those of you sharp enough, would have already bought your 2017/18 ISA allowances at these prices....then transfer them into the ISA account post April 6th. They'll be extra commissions of course....but the rise from here to the ISA date will more than compensate for the fees.|
|Breakfast of champions|
|Htrocka- American pancakes with blueberries and a flat white was Bobos choice this fine morning|
|It's a question of timing you miserable sod. A comment for discussion and opinions. Will Havoc wait until they are near to expiring ensuing they have their own cash gaining interest, will the board give them a nudge to save using the billion or so thats left following the AGM allowance when funds are needed. You can read the RNSs all you like, but over the years they been shown to be nonsense until Neal and Hawkins cane on board. You just need to look at the last RNS to prove my point.|
|How long untilnthe Havic 2p warrants are exercised?'
The time it took you to post that , it would have quicker to go to the rns's and look for yourself. Do you do any research?.....if I was invested in a company I'd want to know what the CEO had for breakfast this morning...
It's always fascinated me how we have all this good news in front of us and yet, day after day, we get relentless sellers, 'How long untilnthe Havic 2p warrants are exercised?'...has now helped me to understand this mystery.|
|How long untilnthe Havic 2p warrants are exercised?What should assist in paying for stationary, Bobo's holidays, stand at an investor show and the like!|
|I've absolutely convinced that the fourth element is the finance to the project. However, the possible reason why the delay in the announcement is that he/she is not essential to the Ororo project. SRSP have said that they intend to drill further projects following Ororo, this could possibly be as early as August/September....this is where the fourth element is required by law. As DR suggested, in the new and updated 2017 Marginal Field bidding round to be announced after the PIB publication, the fields in OML 95 have already been allocated to SRSP. The clue to this assumption being the requirement of a fourth element. The well following Ororo is either a proven or currently producing OML and requires a statutory fourth element.
Note 'Who can apply' paragraph
(ps..JOA implies that SRSP will be joint operators of the ORORO field.)|
|Seems pretty obvious to me that the initial drill money is sorted, with Sirius having to stump up very little in the way of upfront fees. Upon well completion and confirmed reserves, participant 4 currently waiting in the wings, puts up the big field development money. The consortium will ensure that Ororo hub acts as the collateral. No doubt that funders will be wanting a slice of the pie, prob taken in the form of a share in the Project(s) more so than a % stake in Sirius. Still not ruling out a complete t/o for £600m (15p), tho it does look like Sirius will be making the move from Investor to Producer, at least to kick things off.|
|Well done on the .27 buying, that would have taken some balls.|
|Bumhammer tasting and taking cherrys? All sounds a bit rude to me but then he always was a filthy so and so with a name like bumhammer.|
|Will we see 1p-2p-5p 10-50p no telling is this as big as we dream Iv not got many shares although paying a large amount for them there's still good profit to be made for all at double figures and we surely will exceed that with ease!!Have bought from 5p down to 0.27pAnother over 10-15p will suit me.|
|Looks like it's going to take off again|
|Regardless of whether we've been recently pegged back due to share dumping or transfers, well done to anyone that managed to take advantage of this and buy more (particularly those that slightly bettered the 0.75p placees). The bullish signals on Friday afternoon give an impression that we might just have said goodbye to the 0.7's... for good.
The clock is ticking ever closer towards the H1 goal, which the company tells us we're still on track for. Therefore we must logically be due further more substantial RNS updates shortly. Align this with the recent PR (that Bobo is comfortable to start talking again outside of the RNSs is more important than the particular medium chosen), and it seems we're primed and ready for a great few months.
We're told that the mysterious Partner 4 will be introduced in 'due course'. This perhaps conveys a planned sequence of preliminary steps that will then bring us to this particular point. What those steps are is anyone's guess, but for now it's good enough for me to sense that we're pointed in the right direction. Time for us to see some of that promised shareholder value.|