Sirius Petroleum Share Discussion Threads

[thundercat1] 13/10/2015 09:18

Jim no one wants to read your comments full stop.

[jimduggan] 13/10/2015 09:03

That's why he is bitter and twisted
No topgunner in my eyes lol

[topgun1000] 13/10/2015 09:00

Alright thundercat your post made me laugh out loud on the train just now got a few looks great comment mate thumbs up.

[thundercat1] 13/10/2015 08:51

Well you took the words out of my mouth topgun themose probably works in oxfam sniffing old dears used under crackers idiot.

[topgun1000] 13/10/2015 08:41

Themose all you do is post nasty personal attacks against people on here you never have anything to say about this share or post any opinions of any use, I think I'm within my rights after losing 90% in a just over a year invested in here to voice my opinion so keep your nasty little cake hole shut.

[them0se] 13/10/2015 08:05

Topgun, I'm sure you and thundercat are cut from the same cloth. Right brace of morbid individuals. Are you pair vat inspectors by any chance?

[topgun1000] 13/10/2015 07:13

Another 6-12 months now!!!
Why do people on here allude to take overs and pie in the sky share prices, a take over if at all would be years down the line!
I'm looking forward to the increased positive news flow Bobo said about!

[ryonislav] 12/10/2015 23:30

Zzzzzzzzzzz

[ryonislav] 12/10/2015 23:30

Yes rudolf...we know mate

[ruedolf] 12/10/2015 23:19

Good interview by Bobo today in that the company was addressing the concerns of its shareholders. Its a new and welcome change from the company.

It confirms that the last 3 -4 years was a mess with little progress on the company's assets likely due to disputes with Guarantee petroleum and Owena oil and aborted funding deals with Glencore and Levant.

All that appears to be in the past with Guarantee now signed up and at last the company is in the process of developing the ororo oil field.

Its also clear other assets won't come into play until ororo is up and producing maybe 6 to 12 months time.

The interview confirms once and for all the company is going down the production route and not the quick takeover some folks are dreaming of.

With Ororo up and running within the next 6 months should easily justify a market cap of £20m in this market with further upside potential if oil price rises significantly or other assets are progressed.

[drrichard] 12/10/2015 23:05

Exactly, Sherlock. One of Fletcher's jobs, as he admitted, was tidying up the balance sheet. Hard to believe he left without this item getting his attention.

[sherl0ck] 12/10/2015 22:23

I've commented on this before but I'll repeat for the newcomers......Glencore were not the recipients of the 900m warrants, Strand and their advisors were. The warrants were issued as another potential form of equity funding to sit alongside the Glencore debt funding off-take, effectively providing £100m+ in total. The warrants are valid independent of the fact that the Glencore funding aspect wasn't ultimately utilised. Despite the warrants potentially bringing in £60m for the company if ever exercised, I would say that the Board are aware of the potential dillutive issue and let's just watch this space to see if there's any future developments on this front.

[thundercat1] 12/10/2015 22:23

10,000,000 don't you listen

[ryonislav] 12/10/2015 22:15

You can back other indigenous companys and so on and so forth.
It really is just about this first well and it will happen..

[ryonislav] 12/10/2015 22:14

There's a billion dollars plus of oil in that well, 25 million barrels at 50 dollars each alone!!
Their is plenty to like about this stock
88percent return on produce until investment recouped.

Remember once you get cash flow you Can buy into other fields!!

[ryonislav] 12/10/2015 22:04

hxxp://petroafrique.blogspot.co.uk/2015/03/marginal-field-operators-in-nigeria-1.html?m=1

[shez20] 12/10/2015 22:02

Excatly jim the funding was never received so the shares can not be allocoted !If that was the case the money must still be on the table for us to draw upon!

[thundercat1] 12/10/2015 22:01

Still a lot unkown with the GC warrants that's for sure.

[jimduggan] 12/10/2015 21:36

At 6.6p they would be worth about £65million
Not a lot mate really

[tuckerjenkins1] 12/10/2015 21:30

No one actually knows, but it is an issue that needs clearing up.

[tuckerjenkins1] 12/10/2015 21:30

No one actually knows, but it is an issue that needs clearing up.