Sirius Petroleum Share Discussion Threads

[chris shiherlis] 13/5/2015 19:32

Some good posts, its not game over yet but it is not looking good.

Could turn around if Sherlock synopsis is correct. Doc Rosso is still a good poster and has worked hard on research, it if knackered we all got it wrong not just him. If it comes good he's the hero. It's a strange world.

[thundercat1] 13/5/2015 19:19

640k in sells today totals to £5727 with is peanuts with the shares in issue some of the trades where apparent sells of £18, £51, £22.92 a pittance who sells that ammount, how does that warrant a 6% drop? come on they are def pulling our pants down dropping it on such small volume clear manipulation today.

[tuckerjenkins1] 13/5/2015 19:02

Very painfull, and there is pi's sitting on bigger losses than me. Im half in half out and wanting to get back in fully around .5-.6, I can see the mm's pulling this down, and if it just pings one day and I'm not in fully, then I have enough to still make a tidy sum.

[thundercat1] 13/5/2015 17:54

Agree Tucker painful being here after 5-6 years and buying in much higher sitting on big losses, but if the block is as big as we hope and the Bod are far more clever than we take them for we could still exit here with a tidy profit, just have to remain upbeat was always said they would try screw us and get all the shares looks like that times arrived and if we sit it out in a couple of months the situation could be a lot lot better, it can't get much worse as the colonel custard said, good post by the way!

[keya5000] 13/5/2015 17:34

Very canny indeed, so canny they will have this diluted to several billion shares soon and it will likely get to sub 0.5p.

Clever chaps, can see why the average fella wants to be invested in this now....

[x1000] 13/5/2015 17:31

I like your thinking Sherl0ck

[tuckerjenkins1] 13/5/2015 17:28

Good posts Sherlock.

[sherl0ck] 13/5/2015 16:47

£560k is nothing to these guys, they're all millionaires many times over. Surely they could do the maths and work out that if they did want to just offload again, by releasing a bit more positive news, their return at 2p, 3p, 5p etc would be significantly more. This was not set up to earn them loose change, it was created to make them £hundreds of millions.

Plus the share price is currently in the 0.8's and with lowered sentiment and not many buyers around, I'd say the chances of offloading even 70m shares at a significant profit (let alone 330m plus all the Kejriwal ones) are slim to non-existent. Things have changed a lot in the past year, no way that Regan et al will have badly miscalculated this and end up holding shares they don't want and can't shift. Either they want the shares themselves or they'll somehow be used to oil some wheels.

Holding RNSs? Yes, we regularly get these don't we?! These people are very canny as to how they hold and transfer shares across multiple entities.

[the drewster] 13/5/2015 16:21

accumulating???

where are the "beneficial interest" RNS?

I think the more likely scenario is to gift themselves new paper and feed it into the market as much as the market will bear.

Obviously it was more lucrative at higher prices, but the latest 70m would still be worth £560k even now, for lending £200k ... imagine being able to do that more than once for a few hours work

[sherl0ck] 13/5/2015 14:47

Call me blinkered and naive but I'm just not buying this drop and seeming imminent disaster. There's been too many commercial 'own goals' that are just a bit too obvious for my liking. The Board are savvy operators and not imbeciles. Can anyone name a single other AIM company that has ITSELF set and missed 5 funding deadlines and cancelled 2 placings, opting instead to later raise a much smaller amount of money at a fraction of the share price?

It seems that since the big partner revelations last year, the Board has purposely done everything it possibly could to destroy the share price. It just doesn't add up unless there's a reason.

Regardless of whether Calvet was offloading shares from 4p down (I suspect they were), they are currently looking to take 330m shares and we have no proof that they'll just sell these on. Juniper are also throwing money at this and benefitting from £150k fees! (15m shares @ 1p equivalent) let alone the rest of the loan agreement we know nothing about....just a passing reference in 1/5/15 RNS.

Why the sudden need for so much 'working capital'? Nearly £1m settled in shares in March, plus Calvet and Juniper? Doesn't this strike anyone else as being odd? Either we need the money for an as yet undisclosed reason and/or we're using 'working capital' merely as a very good and convenient excuse to distribute shares.

So the way I look at it is when the landscape is completely foggy and we've no idea what's going on. Think about what the tier 1 insiders are doing because realistically they're the only ones that have a clue right now. Regan, Fry, Fletcher & Kejriwal are accumulating loads of shares on the cheap.....and I doubt its purely to sell them at 0.4-0.9p either.

[dr rosso] 13/5/2015 14:44

Juniper took 20m for initial fees, so assume those fees to be in the region of £200k. For what? Add on the other 15m for £150k.
Juniper has collected 35m shares in lieu of £350k fees. We are not told who the loaner is, what the loan amount is, or what exactly the loan is for.
The only certain fact is that Juniper (Kejriwal) has collected a whole load of shares at a nominal 1p, + 10m added warrants exercisable at 2p. Why would an insider want 45m shares in a sinking ship, paid in advance?

[granitetim] 13/5/2015 14:23

Should get some brief respite from the fall at around 0.45 before it carries down to zero!

[tuckerjenkins1] 13/5/2015 13:57

Very good drichard

[bronislav] 13/5/2015 13:50

Wow ,who keeps buying all these shares ,it's relentless ..

[them0se] 13/5/2015 13:47

Dont Worry

[drrichard] 13/5/2015 13:46

tuckerjenkins1
Lamb of Threadneedle st?

[solarno lopez] 13/5/2015 13:40

Maybe but his research and analysis is the best I have seen in a long time

[1dsk] 13/5/2015 13:40

Bsg - one can dream. Spackerdave - welcome back. Where you been?

[x1000] 13/5/2015 13:06

The Nigerian Delta Mammoth...it gobbles up shares.