Sirius Petroleum Takeover Rumours (SRSP)

Sirius Petroleum Chart

Sirius Petroleum Takeover Price

Sirius Petroleum Takeover Forum Posts

23-11-2017
For those that believe that relisting is a formality...(also take a look at Rule 41) AIM Rule.. Reverse takeovers 14. ....... Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time.
09-11-2017
Dr Rosso, All Assets in play then takeover Or all Assets in play and huge production co? What’s your theory?
24-10-2017
.
Takeover or production sonic?
14-10-2017
I’m in the takeover camp. Just hurry up.
bron you sound like you are in the takeover camp too mate??
12-10-2017
Funny.. Nobody's asking you though Jamie are they?I'd say a relist around the same price that Astral suggests and his follow up rises seem realistic. I'm not writing off a complete takeover out the blue though either.
We are pleased to announce that following ongoing discussions with our partners with regards to submitting the company’s AD. Company X entered into additional confidential discussions to takeover our company. Due to the fantastic opportunities we were able to share, as previously mentioned in official RNS notifications in terms of the ‘Block’ and pipeline of assets, company X has offered a full purchase price of 50p per share. Due to the confidentiality agreement, no further details of the bid will be shared. A General Meeting will be held in 14 days time to seek approval to accept the terms of the takeover. The board strongly advise that all shareholders vote to pass these resolutions. Carlsberg don’t do RNSs but if they did!!!!!!
06-10-2017
Minichris...I am only speculating but for me it depends what the companys agenda is.If we are to go to production on a medium term basis then what the market is told would differ from what we were told in a takeover scenario.I came to my conclusion that the only people that need to know the details of assets infastructure etc would be schlum cosl BP etc ,if it was a takeout then all we would need to know is the details of the takeout.Sirius have been economical in what they have divulged to the market and for me that will continue in the AD.
20-09-2017
" If successful it is likely that Sirius would become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Following this, complementary or unrelated acquisitions in the oil and gas sector may be made." Got to drill ororo first ?
18-09-2017
from Sirius website;- This page, last updated June 2017,...................................... Investing Strategy The Company’s objective is to generate an attractive rate of return for Shareholders, predominantly through capital appreciation, by taking advantage of opportunities to invest in the oil and gas sector. The company is currently seeking funding to bring the Ororo field (OML 95) in Nigeria (in which Sirius has a 40% economic interest with its partners Guarantee Petroleum and Owena Oil & Gas) into production. If successful it is likely that Sirius would become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Following this, complementary or unrelated acquisitions in the oil and gas sector may be made.
26-07-2017
Exactly swiz. Whilst many are quick to assume an imminent big takeover (and I'm certainly not ruling this out), I heard this same mantra when I first invested around 5 years ago. So I think it's prudent to retain an open mind to all possibilities, including growing the company should the BoD feel that's in our best interests. Some will scoff at the idea and point out that we're just not set up to do so, but everything can change quickly....additional recruitment can be undertaken/or we simply have a seat within a newly formed and incorporated JV and let partners do a lot of the heavy lifting etc. After building a consortium over this past year, something disasterous will have needed to have happened if the share price hasn't moved on in a couple of years time. It might not always feel like it, but I sense a crescendo. The partners are here to get cracking on the opportunities that exist now, not just faff around for a few more years.
22-07-2017
Not poss to rto into a State-controlled entity. Co. is doing exactly what it says on the tin. Working alongside FTSA partners ...to become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Except WE will not be the shareholders, and a brand new BoD/Mgement Team will be I/c. aimo
20-07-2017
DrRosso how can the Board provide detailed drilling info on something you suggest they'll never actually undertake? Why would they break strict confidentiality agreements and risk jeopardising this entire project to reveal assets we don't yet own and which you claim to already know about anyway? Why in your eyes are the BoD so hapless and disgraceful when you've stated they're about to conclude a takeover, which could be for up to 15p/share? Why do you so look forward to the arrival of the 'real O&G experts' who theoretically won't deliver any value to shareholders whatsoever? "When sentiment is manufactured to negative" Finally, how can you not see that your continual character assassination of the BoD and seeming desire to reveal anything you feel might be sensitive has potentially been far more damaging than Doc Holliday's recently expressed doubts?
05-07-2017
No rig no takeover no profit no no hope.
03-07-2017
Rumour vs reality..Rumoured Multiple assets bp deal imminent takeover 50p.Reality 1p no funding no deal one asset and sp target of 2p and no idea when we will see first oil
02-07-2017
No sir Ian, but I have full confidence you'll get there eventually Rosso you couldn't see a genuine rise pre major announcements if it smacked you in knackers, you've been saying sub 1p placing for 3 months and takeover next week since 2010. Good £400 top up last week though.
01-07-2017
The company is currently seeking funding to bring the Ororo field (OML 95) in Nigeria (in which Sirius has a 40% economic interest with its partners Guarantee Petroleum and Owena Oil & Gas) into production. If successful it is likely that Sirius would become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Following this, complementary or unrelated acquisitions in the oil and gas sector may be made.
allan i found that site last night when i was flicking about trying to find this rig, at 10.30ishpm it still said enroute last tracked on the 16th, so its been updated since last night plus it says its contracted out. this is two sites now saying its drilling. interesting in the past when it said about the bod getting paid up when drilling starts, but i think it has since changed to when we get first oil not sure?? also interesting in the full year results is bobo's 10 million 5p share options where it says they can be completed even if there is a reverse transaction, is it right that they could mean a reverse takeover if it happens??
How after 7 years have our oil and gas company not informed us they are drilling the oil field? Takeover surely and soon...
27-06-2017
I hope for all of you it's a takeover and not just fake rumours to keep the suckers in.If it's a struggling drill setup then there's plenty of time before they get there act in orderThe accounts will answer all questions, the final piece of the puzzle....How much salary they've taken this year compared with the year before.....yawn
Tomorrow's accounts headline - 'SRSP loss widens, funding talks continue' Funding shortly.....Blah blah blah, share price rallies to 2p boooommm, last chance to top up, last orders, this is gonna fly now, takeover Friday, big orders coming in now, just a tree shake ..... wish i still had my spreads. GLA you all deserve it!! Could do with some more rumours now.
26-06-2017
interesting last post dr rosso, if payments are now on production rather then drilling how may this effect the idea of a takeover here if oil has now got to be in production? thats a lot different to payment when drill bit turns
19-06-2017
Sorry avent, market got the better of me today. Beats the best of us some times.So the next pump and dump is scheduled for the 'rig mobilisation' rns, due soon by the lse tampers, everyone pile in, gets over 1.2 and everyone sells out, getting a bit repetitive now. We need funding or a takeover!!
18-06-2017
In all honesty bum I'm just bored, been told it's next week every week since last summer.To discover the rig might now be being loaded in Singapore was a bit of a let down when I was hoping it was in Nigeria already to go.If it's taken 3months since the survey to start loading a rig makes me really hope for a takeover because otherwise oil flowing in 2017 looks a long shot at this speed.6 weeks delivery, 6 weeks installation, 40 day drill, 2 months analysis before we see any flow rates.Why is there still 10k offloads days before a 100% lock out and rise.Why are there rumours and pumps and dumps.Just want news, bored off my man tits!! Glad the weathers good though because it's the only bit of sun I'll be getting this summer.I think I'm becoming a frustrated long term holder - even my booommms leave me feeling empty.
Final chances for a top up tomorrow, don't want to be missing this one, straight rise into takeover now, choo chooooo
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P:40 V: D:20171211 23:03:21