We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sirius Petroleum Plc | SRSP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.40 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.40 | 0.40 |
| Top Posts |
|---|
Posted at 19/1/2025 17:20 by htrocka2 I'll snap their hands off for 3.5p even though they where a lot more than that 16 years ago. |
Posted at 19/1/2025 12:27 by dr rosso AR page 24Dr Rosso - 01 Jan 2025 - 15:50:12 - 138924 of 139159 SIRIUS PETROLEUM - CASHED UP AND READY TO ROLL - SRSP A) "If the Price for the Shares does not grow from the Base Value (of 2p) by at least 20% per annum over the three-year period ending 31 December 2025 then the Option shall lapse and cease to be exercisable." 20% per annum, so this means 2.4p by 31 Dec 2023, 2.9p by 31 Dec 2024, ..... The share price has to be at 3.5p at 31 Dec 2025, or all 60m options bite the dust. B) "If the Price for the Shares does not grow from the Base Value (of 2.5p) by at least 20% per annum over the three-year period ending 31 December 2026 then the Option shall lapse and cease to be exercisable." 20% per annum, so 3p by 31 Dec 2024, 3.6p by 31 Dec 2025, ......... The share price has to be at 4.3p by 31 Dec 2026, or all 51m options lapse. Exercisable at 0.25p, targets met would mean a D collective gain of Scenario A) 60m x 3.25p at 31 Dec 2025. Almost £2m. Scenario B) 51m x 4.05p at 31 Dec 2026. Another £2m |
Posted at 14/1/2025 20:06 by htrocka2 What happens when a company increases its share capital?Increasing a company's share capital can lead to the shares of existing shareholders becoming diluted. This can affect both dividend payouts and voting rights.10 Feb 2024 from the AGM Notice. '..in accordance with section 656 of the Companies Act 2006 whether any, and if so what, steps should be taken to deal with the situation that the net assets of the Company are less than half its called up share capital' I think we can all work out where this is headed.....We, the existing shareholders, will be paying for the extra shares issued via dilution....This is one of the clues as to why they issued themselves such poor share options.(They knew what they were doing) |
Posted at 21/12/2024 11:13 by astralvision VatnaThese are my notes from the agm Jan 2023, ie one before last. I'm sure I've posted them before, it's as much detail as what we're going to get, imo, but doesn't answer every.Taken directly from what they said.Clearly 65 has not turned out as expected. Whether they can turn it around remains to be seen.65 gone through in some detail. We recover all costs and get the benefit from existing production.First stage, drill 9 wells, $75m, will add an additional 11,000 bopd.COPDC is effectively a subsidiary of SRSP, this was said several times.15 year contract, COPDC is the exclusive contractor.In total the plan calls for 45 wells across the block to develop up to 215m barrels.We get $15 for every barrel produced, this was clarified by a questioner, that is $15 to srsp.In addition $16.8m for each well drilled , and 40% of the project net cash flow. Plus 0.25% of gross revenues, small, but a 'thank you' for taking over operations. The right to market 100% of the crude, which will be assigned to Trafigura.Standard bank will administer all the cash inflows/outflows, ensures everyone gets paid correctly. Srsp are top of the waterfall, they get paid first. Innovative, mitigates risk, works for all parties. The material elements within the deal will be continually reviewed. As it stands, $15/barrel for that element, but could be revised upwards.Can keep cash costs down to |
Posted at 18/12/2024 11:10 by 5uns I have not visited this BB for about 18+months. Were SRSP shares auto swapped to Tende Energy, and are they not "tradable"? |
Posted at 02/12/2024 17:03 by b4agc How ironic that today I received two letters from Barclays regarding my investment which is now just locked away in SRSP , the first letter gave a theoretical value of the shares but interestingly the 2nd letter spelled out how the law is tightening up on scam investments - do Barclays know something? |
Posted at 23/11/2024 10:00 by rajraj b Astral, you mentioned a figure of $15 per barrel payable to Tende/SRSP. Is this figure linked to the actual daily crude oil prices or irrespective of the possible daily fluctuation? If oil goes up, does our $15/barrel also go up percentage wise ( and vice versa)? |
Posted at 13/11/2024 08:29 by oliversanvil HT your right SRSP is a dark horse.! |
Posted at 11/11/2024 11:04 by htrocka2 Jack Pryde, Sirius' Chairman, commenting, said:"We have made significant progress with our review of a broader range of potential assets, both blocks and marginal fields, which have become available for potential farm-in by the Company.'28/09/2012' I bought these shares on this info.........twelve years later... 'significant progress' with the promise to drill in November 2012. I'm still waiting. I've come to the conclusion that extracting money from punters, including instii's, is a lot easier than getting oil out of the ground.....the company are making a good living exploiting the 'easy bit'.....producing oil out of the ground is, if you're lucky, just a bonus.......a little bit like buying an srsp lottery ticket. |
Posted at 08/11/2024 10:31 by ace1976 The way it’s going we will still be here in 2026 hoping that Christmas maybe the one,can celebrate 20 yrs of being a srsp/tende shareholder then |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
