Sibir Energy Share Discussion Threads

[cmabey] 25/6/2009 18:45

Steve: High risk true, but he who dares wins (sometimes ;-). The province is called Puntland -so worth it for the name alone- and claims to be autonomous. AOI reckon security is not an issue (guess they can afford it) and let's remember that lots of oil pays for lots of security... just look at the CVs of HOIL's execs for an example.
As for AFE - good company with lots in the ground. RAB are rumoured to be selling which explains the share price reaction, but mid to long-term it's a goodun.

[banj] 25/6/2009 14:43

Want to keep quite Dealer :-))

[dealer1972] 25/6/2009 13:47

Got mine now but bit weird as I got £6120 for 1144 shares = £5.35 per share!! Anyone else experience this through Hargreaves Lansdown?

[steve73] 25/6/2009 01:33

I'll add RRL to my ZZZ thread, and ask my Aussie mate if he's heard of them.
But Somalia - got to be very high risk.
Sorry to hear about your AFE error - looks like a real white knukle ride.

[fsu gold investor] 24/6/2009 22:46

Got my money today in the U.S. through Schwab.

Thank you Gazprom.

[relko] 24/6/2009 22:45

JBrearley paid out yesterday

[cmabey] 24/6/2009 11:47

Steve, at least you missed the action 'live'. Has been a pretty torrid week overall.
We have the same dilemna! ;) Already lost a bit of it in AFE by topping up after the RNS only to see it tank... but no drama as have a very low average.
I'm considering AOI (Africa Oil Inc) on the Toronoto venture - or otherwise RRL whi are partnering on one of their blocks. They have massive licenses and should be drilling in Q3. Any thoughts?
Apologies for O/T.

[steve73] 24/6/2009 11:30

yes, nice to have a few days relaxing. Not impressed with Cambo though, and Angkor - a pile of old rocks.!! LOL
Not nice logging on today though, big losses across the board, >10%.
Still, I'd probably not have sold any even if I had been watching closer, but at least I made a little on SBE - now where to lose it again????

[cmabey] 24/6/2009 07:45

Welcome back Steve - good holiday?
You're obviously teacher's pet - they only paid mine out yesterday.

[steve73] 24/6/2009 03:54

idealing paid me out on the 18th.

[orangepeel] 23/6/2009 12:06

CMC markets have just closed my spreadbet out at £5. Thanks CMC. (Position was opened @ 168p)

[cmabey] 23/6/2009 09:09

If you are US tax resident then you are taxed in the US on any income wherever it is earned.

[ranald] 23/6/2009 08:14

Rumblefish - it probably goes to domicile ie. are you a UK resident currently living in the US or a US resident living in the US. With the arrangements between the 2 countries (double taxation agreements etc), and assuming you do not hold the investment in a tax efficient wrapper, you should only be liable for one set of taxes at the rate currently obtaining in your domicile.

[rumblefish] 23/6/2009 02:56

anyone know how the tax system works if you are a US invester in Sibir Energy and currently living in the US. Do you pay capital gains tax in the UK or US.

Rumblefish

[relko] 22/6/2009 21:25

Thanks for that ranald.
I guess that makes sense.
I suppose all JB client holdings in SBE are held as one holding by one trust, as opposed to seperate holdings for each client.
Just have to be patient

[ranald] 22/6/2009 07:16

Relko - James Brearley told me that they might not pay out till end of month.
They say that they could only submit 1 application for payment so had to wait until close of offer before making submission.

[relko] 20/6/2009 09:12

Still no sign of monies from James Brearley

[lord protector] 18/6/2009 13:34

does Timan bear any relation to what's happened here with SBE? Do people on here think the same outcome with TMAN will happen?

[1nf3rn0] 18/6/2009 13:29

My nominee has paid now too! Over 5 times the amount of my IG receipt! It's gonna be a great weekend! Hope you all enjoy your "winnings" too

[camy] 18/6/2009 12:54

Selftrade paid up today.

[dougie471] 18/6/2009 12:19

happy days received my money from IG today as well

[willessa] 18/6/2009 09:33

Same here!

Well happy considering I would have sold for £2 as a trade.

[1nf3rn0] 18/6/2009 09:14

Got my money from IG! Happy days

[simferopol] 17/6/2009 11:43

I still havn't got mine .
I suppose it is the Law of SOD.
LET'S JUST HOPE WE GET IT THROUGH SOON.

s