Sirius Petroleum Share Discussion Threads

[oliversanvil] 12/8/2020 16:13

https://www.google.co.uk/search?source=hp&ei=QAY0X-_oO8yHjLsPlcGL-AU&q=sophia+artificial+in If you want to know what's what ABOUT SRSP-- ASK SOPHIA--.NOT YOUR DUTCH WIFE DOLL!!!

[htrocka2] 12/8/2020 14:12

Just to get back to the 'cruise ship' theme...I hope we get plenty of 'partnerships'....and not 'hardships'.

[vatnabrekk] 12/8/2020 12:52

Yes HT, of course all projects require funding. I was just pointing out that the extract referred specifically to OML 114. Funding will be much easier to obtain for a project that will be revenue earning from day 1, such as an up-front farm-in, which incidentally Ororo was not, and neither was 109.

[htrocka2] 12/8/2020 12:41

Vat.all the projects require heavy funding.

[vatnabrekk] 12/8/2020 12:03

HT, I'm sure you are aware that the extract you quote above is referring to OML 114.

[bronislav] 12/8/2020 11:30

Htrocka.I think there has been a quality team involved in the funding.Mr Chris Neal,Mr Graham Lyons,Mr Simon Hawkins.etc.

[dr rosso] 12/8/2020 11:27

It`s inconceivable that Sirius alone is in the running for NNPC`s 119. They must be tied in with a production outfit of considerable renown. Procure the $85m funding to kick-off 114 and 109, generate significant revenue, expand ops. No way can Sirius, with no COO, only a BoD of financiers, take it through to o&g production. Setting things up, yes, for disposal.

[htrocka2] 12/8/2020 11:24

Bron…. When the Results come out in 7 weeks time the truth will emerge... hiding behind caveats will no longer be an option. All their projects require 'heavy' funding and need to be in place......as promised. August 2019 rns extract (12 months ago) 'At the date of these Financial statements, the Group has secured $10m of funding, exclusive of fees, towards the farm-in fee and is in advanced discussions with a number of financial institutions to provide the funding required to satisfy its obligations under the FOA. The JOA is now in Final form and ready for execution..' Either they'll have the funding in place....or they'll 'waffle'. I'm obviously hoping for the former but history tends to lean towards the latter.

[bronislav] 12/8/2020 11:15

Only snag with the scenario drrosso is it would take a huge amount of funding to develop all those assets,likely to be to the tune of billions.If only that sort of money was available.

[dr rosso] 12/8/2020 11:11

After unceremoniously having been booted out of Nigeria several years ago, maybe BP is coming back in, big-style, having used Sirius to carry out multiple infrastructure works and acquire a number of oil blocks ready for production. BP takes out Sirius and instantly gains a major foothold in a country desperate to accelerate gas and oil production. Would tie in nicely with the big industrial $80bn development taking shape between the states of Lagos and Ondo. Ororo`s 20mmb would be relatively insignificant in a big boy world of BP, Glencore, Schlumberger, Shelf, Havoc. If the pipeline of assets has really been put together and involves notable block assets, the whole lot could be worth a billion dollars going into production. In return for a $1bn investment BP gets its hands on massive reserves, everything having been set up behind the scenes by a well-connected minnow. News black-out painful but would be abs essential during the process. Sirius gone for 26p. Fantasy?

[bronislav] 12/8/2020 10:15

BP..I would be very pleased if it was them that had first dibs on our empire.The gas would perhaps be of more interest to them and maybe another suitor for the crude. Whilst it is painfully frustrating that this company says little if anything ,it's likely that is a positive.Entities that are busy building something don't telegraph it to the whole world,they tend to get on with it.I suspect someone or some concern lies waiting to pick up the significant dilution that sirius described before the last AGM.whomever is in line for the dilution will want them at a specific price maybe already agreed and hence the lack of news .Will it have been worth the wait?

[bleemster] 12/8/2020 09:22

Bobo could promise to buy BP for a penny and I wouldn’t invest again... as we will end up buying The local texaco garage instead

[bleemster] 12/8/2020 09:20

A clock is correct twice a day... say it enough times eventually they maybe correct. But credibility/reliability has gone down the toilet long ago if/when they are right.

[solarno lopez] 12/8/2020 06:41

This board has been classified by the authorities as Area 51

[5cer] 11/8/2020 18:28

Bobo, show us a cracking deal and we'll put the money up.

[deadly nightshade] 11/8/2020 18:19

Hopefully antenna and Sherlock are good guessers xerot 👍

[xerot] 11/8/2020 18:14

Deadly no one on here knows what is going on. Its guess work at best.

[deadly nightshade] 11/8/2020 17:29

Well anything that will inject something positive into this company has to be a most welcome post at the moment, 2 up coming land marks for me are seeing if this cruise ship will hopefully dock and the up coming results. I long for the day when I read a post from either Sherlock or antenna that says I told you so. Out of near 105,000 posts to date that would be the best post ever to read

[cornishtrader1000] 11/8/2020 17:28

They can have a placing for a billion shares if the assets are signed up and worth it.

[xerot] 11/8/2020 17:25

Placing incoming

[dr rosso] 11/8/2020 17:05

9 years confident is our Ant

[qprallan] 11/8/2020 16:04

Good to see Antenna is still confident. Perhaps a good time to say my shares are still available on the JPJ site. Will accept 0.5 (Thats each. Not for the lot)

[qprallan] 11/8/2020 15:58

"qpr, you have to put the telescope to the good eye!" Eye Eye Captain. Thats a very good idea. Perhaps I had the face mask too high.

[bronislav] 11/8/2020 15:17

Maybe its a regasification vessel that Antenna alludes to.