Scirocco Energy Share Discussion Threads

[goggin] 08/5/2024 14:47

"The 3D data has been processed with the results very encouraging that suggest the Ruvuma location has world scale untapped resources. Further details are contained within the attached report."."Furthermore, planning for the upcoming Chicumbi-1 well and the NT-2 additional well test are almost complete."."Importantly the Field Development Plan (FDP) for the Ntorya area has been submitted and approved by TPDC. Recently the Gas Sales Agreement was inked between the parties and APT has been told by TPDC that the Development Licence is imminent."."There is ullage in the nearby Madimba processing plant that will allow for the evacuation of significant volumes of gas. In addition to this APT are looking at additional markets for the gas such as fertilizer and/or gas to liquids."."ARA Petroleum is grateful for the support it receives from the Tanzanian authorities and very much looks forward to maturing this very promising asset at the earliest possible opportunity together.".

[goggin] 08/5/2024 14:45

https://arapetroleum.com/ara-petroleum-tanzania-apt/

[goggin] 08/5/2024 12:39

Market Cap.2.35MShares In Issue855.57M

[goggin] 08/5/2024 12:38

Aminix 1.4/1.45 and rising, this showe could be worth 2p by September, what will we get? Sub 2p, 1.5p. 1p ot 0.5p or Zero ? Answers on a postage stamp. This has been stolen - sharks and pi,s get shafted again

[paulhgreen] 07/5/2024 23:39

God knows what a mess

[barony] 07/5/2024 16:41

What happens now?

[andyalbi71] 07/5/2024 12:37

Am not surprised , am so glad they didn't get a grip of Block Energy , or we would have been in the same boat , bunch of locusts

[tomboyb] 07/5/2024 12:07

Expect an increase in expenditure -

Might as well as there is nothing to hold them back -

[goggin] 07/5/2024 12:06

Mean while, Aminex continues upward momentum

[tomboyb] 07/5/2024 12:04

AIM cancellation approved - !

[agneissearner] 01/5/2024 07:12

Just a reminder to all SCIR shareholders to make sure you vote for both resolutions as the last day to vote is 1 May 2024 which is today!


AGE

[goggin] 30/4/2024 12:31

Latest from Aminex on Xhttps://twitter.com/AminexPLC/status/1785229549833232566?t=x5jPOmYX_d7Bb4j0YC1d_A&s=19Sellers might be disappointed Vote No to these shisters?

[wolansm] 29/4/2024 13:42

I voted for .....thats on first resolution and "against" taking the company private the second resolution.

[agneissearner] 29/4/2024 12:48

Message from G.P.Jersey posted on X formerly Twitter

To All Scirocco Energy Shareholders,

Don't forget to vote your #SCIR Shareholding at the upcoming General Meeting.

Vote “FOR” All resolutions to be passed to save the company money and return cash to shareholders.

Agneissearner

[agneissearner] 29/4/2024 12:39

Message from G.P.Jersey posted on X formerly Twitter

To All Scirocco Energy Shareholders,

Don't forget to vote your #SCIR Shareholding at the upcoming General Meeting.

Vote “FOR” All resolutions to be passed to save the company money and return cash to shareholders.

AGE

[goggin] 25/4/2024 15:59

Check out Aminex risingNews on the way, how will this impact Sciroccohttps://twitter.com/AminexPLC/status/1782684876048679041?t=FvLrPnjnf2HgzVq71NTVXA&s=19

[goggin] 25/4/2024 14:18

News on the way re Aminex- price action rising

[goggin] 25/4/2024 11:25

https://twitter.com/AminexPLC/status/1782684876048679041?t=Al7fz-Ur_nuhlMtj7Va4rQ&s=19

[goggin] 24/4/2024 16:20

But will the money get paid out eventually and not be eaten up in fees? Tgere is no guarantee of any pay out either in the bear future or distant future and the shares won't be traded. If there was belief in the market and in Tanzania, this should ve worth at least x5 to x10 the curren price of 0.0025p.Agree or disagree with analysis

[agneissearner] 23/4/2024 10:34

Make sure you exercise your right as a shareholder to vote in favour of the Members Voluntary Liquidation.

If you look at the RNS dated 1 March 2023 you will see that a new NED was appointed and he is representing GP Jersey who requisitioned the General Meeting to vote on the MVL.

The NED is going to act in GP Jerseys best interest which is also in the best interests of all shareholders.

Assuming we receive all of the Ruvuma consideration then my calculations show that the expected cash return via an MVL is substantially higher than the current bid price.

If shareholders do not vote to approve the MVL then it is costing 400k pa for the AIM listing and we do not have any business generating turnover and profits to pay for the listing costs and Boards remuneration so the cash is gradually being spent with no benefit for shareholders.

The Board cannot issue any more shares as our shareholders group blocked them from doing so.

The Board sought shareholders permission for more time to do a potential RTO or find further investment opportunities but with such a poor record it is no wonder the shareholders voted 80.18% in favour of the MVL.

I am not going to buy any shares in any Company’s that include the Chairman or previous members of SCIR’s Board or advisors!

There is well known saying which is “Once bitten, twice shy!”

It is a wise decision to judge Boards on their past performance rather than believing the words they write in General Meeting requisition response documents!

AGE

[andyalbi71] 18/4/2024 11:58

He was after block energy too .... So glad we scuppered his bid..... he's a locust pure and simple