Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Pet LSE:SRSP London Ordinary Share GB00B03VVN93 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.575p 0.55p 0.60p 0.575p 0.575p 0.575p 4,460,325.00 07:52:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -4.1 -0.3 - 12.01

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Date Time Title Posts
10/9/201610:30Is granitetim paid ? and if so by whom ?40.00
23/5/201620:42SIRIUS RE RATE HAS COMMENCED966.00
21/4/201612:56SIRIUS PETROLEUM2,482.00

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Sirius Petroleum (SRSP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07/12/2016 15:07:120.55100,000550.00O
07/12/2016 14:54:340.57120,282688.25O
07/12/2016 14:13:170.57540.31O
07/12/2016 12:55:590.55300,0001,650.00O
07/12/2016 12:38:240.5537,422206.20O
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Sirius Petroleum Daily Update: Sirius Pet is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SRSP. The last closing price for Sirius Petroleum was 0.58p.
Sirius Pet has a 4 week average price of 0.55p and a 12 week average price of 0.48p.
The 1 year high share price is 0.63p while the 1 year low share price is currently 0.18p.
There are currently 2,088,029,523 shares in issue and the average daily traded volume is 4,257,833 shares. The market capitalisation of Sirius Pet is £12,006,169.76.
deadly nightshade: We have just got to see how this plays out between now and the 17th nov. My point is if we have not heard a sole between now and the 17th then i can't see how the AGM will contain anything else other then a requirement to vote all these shares through. Everyone has waited all these years for a result here so another 2 odd weeks will not make a great deal of difference but my arguement is if nothing comes of this then serious questions must be asked and answered at this AGM. This is the only chance the shareholders have to question the BOD once a year and it should not be wasted. If this was all about one small oilfield then why have the shareholders been kept in the dark for so long. Why not just be like sound energy and update the shareholders regulary and keep them informed. Dr Rosso can you answer me these questions, 1) if funding is sorted like you say, why have the floodgates not opened and everyone buy shares and push the share price up? 2) what is now stopping the company releasing a EGM if this is all good to go? 3) Why have the company stated about the rights issue, is it just to raise more money or is it a chance to allow current shareholders to buy more shares if good news is released? if funding is there then why the need for a possible right issue? if good news was released why not do a open offer in stead? Just be nice to hear your views Dr Rosso, i am still hoping for a good end result here but i will not get carried away until i see a firm RNS and a rerate of the current share price. I don't ramp or deramp i just give a balanced opinion of what i see.
bronislav: We haven't seen that deeper data and that is frustrating ,however I feel sure the importance is that some entity or entities will have seen it ,IE the three multinationals.In truth they are the ones that need to see it and once it hits the public domain the share price will react.whatever the theories on what the future holds and as a board every scenario has been covered it's clear to me that the share price has been hugely manipulated,I suspect for good reason.Once the share price is let go and that requires the correct newsflow I believe we will be satisfied that the wait will have been worthwhile.I am hoping that newsflow starts in the next few weeks in the lead up to the AGM.The board are aligned with us in that they themselves need the share price to move significantly north to make their input worthwhile.
deadly nightshade: Dr Rosso you get the feeling its the next 3 months upto xmas or never for this. I am keeping everything crossed your theory's will play out you have put a lot of time and energy into this bb. Not sure what will happen to the share price in the next month or so, i wonder if it did happen to spike up will that be a hinderance to what we hope will play out here. I know folk on here have talked about a suspension if share price took off to quick and wonder what people's thoughts are on this? be a nice problem to have i suppose if share price did spike for once!!!
deadly nightshade: It was stated that CPR was needed to unlock funding so its just a case of seeing how far away we are from the next step. Was the CPR released because the next step is also ready to be revealed? are we a week away from next news or months away. One thing is for sure if news is not coming soon then surely share price will drift down again which could present another good top up chance. We need to see big buying volumes here, volume is king. Also if we keep seeing these large share sales that keep popping up and surpressing the share price happening then in my opinion news is not close as the people selling these shares will surely want to repurchase them back at low rates before possible lift off happens here. These large amounts of shares being sold are being used a pawn to keep this share price under wraps
htrocka2: minichris....the CPR was based on a two sand estimate.....the bod have said they're going down a further the CPR is pure estimates on two sands. from Pro-Active (dated June 2015)..(ps..note, srsp OWNS 40% of Ororo, another typo error?) After a period of radio silence Nigeria-focused Sirius Petroleum (LON:SRSP) looks ready to burst back into life. Those who have followed this AIM-listed oiler will know its major asset is OML 95, also known as the Ororo Licence. It is teamed up with local partners Owena Oil & Gas and Guarantee Petroleum and owns 40% of the asset. Ororo is estimated to contain a ‘recoverable’ 10mln barrels of light crude and sits in the shallow waters of the Niger Delta. Having initially sought debt financing to take Ororo into production, management, led by Bobo Kuti, appears to be close to finding a partner with pockets deep enough for a US$20mln, two well programme on the former Chevron field. A spokesman for Sirius confirmed: “We are in advanced discussions at the moment [over Ororo]. We are hoping to be able to achieve production by the end of this year, but more likely early next year.” The plan is to drill 200 metres offset from a hole sunk by Chevron in 1986, piercing the same sands that are productive for fields surrounding Ororo. There is also the potential to go deeper (not much deeper, perhaps 250 metres) to test a lower lying target that remained untapped originally but which neighbouring wells are now exploiting. There is much historic information that has been reinterpreted with the help of industry giant Schlumberger that to provide a compelling data set for prospective investors in the asset. The chances of success, meanwhile, should be reasonably high as Ororo has already flowed oil, albeit almost three decades ago. The initial rate is expected to be 2,600 barrels a day, which would provide some very tidy cash flow – it might also open up the other avenues, such as reserve-based lending, that could help finance full field development. Ororo is estimated by analysts to be able to produce 8-10,000 barrels a day comfortably for the next 14-15 years. It would seem the company has methodically pieced the jigsaw together, including finding an offtake partner in BTG Pactual, though it has taken a lot longer to get to this stage than probably was initially envisaged. A recent regulatory release reveals it has also signed a technical services agreement with a group called Havoc Partners, issuing 100mln warrants with a strike price of 2p in lieu of fees. The Havoc team was involved in two notable success stories in the E&P sector – Fusion Oil & Gas and Ophir Energy; the latter being one of the most successful explorers in West Africa. Principals Jon Taylor and Alan Stein bring to Sirius a wealth of technical and wider industry expertise. In fact it is understood the pair had been had been looking towards involvement in Nigeria while at Ophir – so Sirius is their option on this particular oil producing territory. Sirius’ immediate funding requirements, meanwhile, are being provided by a US$2.3mln (£1.5mln) convertible loan provided by a family investment office called Calvet International. When it goes into production, Ororo will be eligible for Pioneer Tax breaks, which will help bring to down the already low cost of production. The chatter on the grapevine is that the firm is chasing something a lot larger than Ororo – an offshore asset with around 100mln barrels of recoverable crude has been touted on the bulletin boards. Sirius wouldn’t comment on this. But if it succeeds with this larger transaction, the deal would make a mockery of its £12mln market capitalisation (based on a 0.882p share price). Of course Sirius and its local collaborators would have to joint-venture again. It might be that its Ororo partner fits the bill, or it may hold another beauty parade down the line. Either way, things finally seem to be fitting into place for Sirius. Ian Lyall Amazing...the above media item shoved the share price North by 31% to 0.88p(based on one extra well) yet when we finally get the confirmation and all systems go on three wells...the share price drops's a funny old world.
deadly nightshade: Positive's to me are 1) Still no AGM 2) who is buying in max ISA amounts? surely someone would have to have some sort of inside knowledge if they are laying out that sort of max ISA money your average PI would not invest in them sort of chunks would they? 3) As Dr R said, why is it that as soon as the share price shifts upwards there are always 500k sells on tap to bring the share price down?? 4) Graham lyon would only be here if there was some sort of end game in site, remember he has only been here a few months and if we are onto big assets then this will take a fair bit of time for GL to wrap up. Aim shares are a market makers paradise they can make fortunes by adjusting the share prices, and panicking share holders sell on fear. Remember its the end result that counts. But all being said i still do not get the urge here to add to my holding, my heart wants more shares but my head says no. Only time will tell here, but i still say this could go either way even though i am holding onto the positives i have listed above. I don't expect news soon either i have got a xmas deadline here and by then we should either have another jam tomorrow RNS or a positive out come here. Good luck all this is AIM.
deadly nightshade: granltim just shows you know nothing. 200 million shares is peanuts in the grand scheme of things. Dr Rosso is bang on the money with his rough prediction of 3 billion shares in total. As i pointed out the other week 88 ENERGY have nearly 4 Billion share and all they do is look for a bit of fracking oil the other month a couple of test results looked positive and their share price reached nearly 4p on that news. Compare that here if our assets are revealed then what price will our share price be if it comes out we will be producing large amounts and add on the gas too. If you do the sums Granltim then i am sure our share price will add up to more then 4p. I could not give a monkeys how many shares these directors get as long as they come up with the goods here for us pi's then all good. Granltim what is your beef here with srsp?
deadly nightshade: Just read the RNS i rekon MM'S could be dropping the share price to try and fill some big orders and scare pi's into selling. I am not worried about day to day small price movements. Once the news comes and the herd arrives the volumes will shift the share price. Untill we see daily 50 - 70 million volumes traded here thats when share price will jump. Just look at sound energy when the herd arrives on the back of good news the share price always rises. I hope the MM'S drop this down to 0.20p as i will take another grands worth off then with pleasure.
deadly nightshade: Granltim you are full of bull, do you think the likes of graham lyon / schlumberger etc with their reputations would be part of such things you are implying. Facts are oil stocks in general are on their knee's there are oil companys with proven oil discoveries whose share price are in the low pennies. Most small oil companies have seen their shares prices crash from highs of a couple of years ago, companies like tullow £16 down to £2, rockhopper £5 down to 32p, ophir energy £6 down to 70p the list goes on. Thats the main reason sirius are 5p down to 0.30p. Once market sentiment returns and oil prices go up then oil companies share prices will go up. Sirius are more further forward today then when their share price was 5p. Granltim go and waste your time somewhere else as folk here are not listening to your deramping. If your not invested why do you keep crying your eyes out?? or are you hoping that you scare people into selling at these low prices?? i could not give a monkeys if this drops to 0.10p because i will not sell.
sherl0ck: A few thoughts: Seems to me like we might finally be in a pretty strong position. Service provider proposal on the table (which might have been there for some time now and possibly even aligned from a timing perspective with GVL's LinkedIn arrival). If it's Schlumberger then the risk of them becoming impatient and withdrawing the turn-key Ororo option is minimised as they may stand to manage the drill process anyway. So they give us a fall back plan if we need it, but are wholly comfortable with us going out to find a bigger funding deal, in which case they simply get paid more/all upfront instead of later. Based on the AR today, it's very clear that if they do initially end up announcing an Ororo debt deal in isolation of anything else, one needs to 'hold the line' as other stuff will likely follow thereafter. Their negotiations now involve bigger things and therefore any deal will be aligned to such, regardless of whether they choose to release news in controlled stages. If it benefits the company to keep the share price fairly stable prior to revelations, then it was a smart move to include the £400k equity info as this will likely quell the chances of any big spikes. The pre-results mandatory closed period is over but a restriction based on the close proximity of price sensitive funding news may exist. I wondered previously if the Board/insiders would want an opportunity to purchase shares in the open market when able to do so. I'm not so sure now since it might make more sense to directly fund the Company's working capital by issuing new shares. So perhaps the £400k will account for some of this, maybe timed to perfection by aligning with the arrival of funding news and the end of any outstanding closed period. Someone more up to speed with the AIM regulations might be able to comment on the veracity of Board/insiders lining up a share subscription which is only actioned upon deal news? If they could legitimately get away with it, I'm sure they'd do it. We've heard nothing further on the proposed Board & employee's 2p warrants allowable since the last AGM. Perhaps with the considerable drop in share price, the opportunity to subscribe for shares at 0.25-0.3p was deemed more attractive. If so, it makes sense to try and keep the share price in a low range. Callerone on LSE made a good observation - "bobo states right at the end of final report that sirius are looking at other potential assets and some that may need funding, so this hardly sounds like a company struggling to find a few quid to drill ororo". Funding for our own assets and potentially surplus that allows us to take advantage of those that are struggling?! It doesn't appear that we are perhaps struggling as much as it might seem. We're told that the CPR is due to be 'published' soon....rather than due to be 'completed' soon. This combined with the April RNS lead me to believe the CPR is indeed ready to go, but it probably won't be released in isolation of an admission document, which I suspect has been prepared and is awaiting deal confirmation. It's been a ridiculously long gestation period but we may soon be witnessing the birth of a pretty special O&G company with exclusive access to some of Ondo states best assets (the mention of Ondo/Owena was critical today) and one that has been designed to withstand oil price volatility. How big can this company grow? It's hard to say but all the key ingredients seem to be coming together for something very substantial. Annual dividends? Yes please!
Sirius Petroleum share price data is direct from the London Stock Exchange
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P:31 V: D:20161208 02:08:53