Sirius Petroleum Share Discussion Threads

[ropot] 18/7/2015 22:58

I bet everyone's going to get frisked for weapons before being allowed in, wouldn't surprise me if they confiscate recording devices as well, lol.

[htrocka2] 18/7/2015 22:18

rod it's too far away from me...but it would be nice if some one could get a phone/camera/video recording...and post it onto this site.

[rod99] 18/7/2015 20:49

Htrocka are you attending the agm

[htrocka2] 18/7/2015 20:15

ropot

this is 10 months old...


Commenting, Bobo Kuti, Chief Executive, said:

"We have made significant progress with the Further Funding required to develop the Ororo field and in securing funding partners who we believe can support our strategy to build the asset base of our portfolio. It is our intention to conclude this Funding and we would like to thank the Placees and Subscribers for their continued support, as we move to complete the process of putting our first marginal field into production, which is presently targeted for Q1 2015."



It sounds as if they're making a funding deal with the Greek Government?
(yes I know a lot has happened on paper since..PTG, Havoz ,blah, blah ,blah).......but the reality and bottom line is that they're going to issue nearly 40% of extra shares ....and, yet again, with the promise of near term oil. In the Ist May rns, they promised they would not further dilute the shareholder. (they've caught us again). The last rns was a 'sweetner' to get a permit for the extra shares to be issued by the board)


OIL.....I'll believe it when I see it....NOT when they promise me it's coming.

[ropot] 18/7/2015 18:20

That Pro-Active article, which some people suggest has been "planted", does come across as being quite neutral to me. As you say, htrocka2, it's vague in terms of timescales, and also in their assets.

The RNSs that we've had do actually point to much more significant things than the article, such as the mention of "pipeline of assets".

Additionally, the AGM agenda also has lots of detail about forthcoming issuing of shares... in fact so much detail as to almost be trying to put off investors.

So I don't really agree that the recent press articles are to try and drum up more interest with investors just to offload shares to, in order for the insiders to subsequently buy back cheaper. If that was the case, it would have been a lot more exciting. It does appear more like information being put out there to try and pacify anyone going to the AGM, and possibly downplaying anything more exciting if they don't want the share price to start rising significantly until after the forthcoming (pocket-lining) share issues have taken place.

[htrocka2] 18/7/2015 18:04

"We are hoping to be able to achieve production by the end of this year, but more likely early next year.”

why the doubt in between the two statements?....

[ropot] 18/7/2015 17:41

re: "The company are still pursing this crazy idea or notion of oil production, load of nonsense in my book."

Whichever way this goes, they can't really release an RNS saying, "We've done all we're going to do, now we're just twiddling our thumbs until a T/O appears".

[steelwatch] 18/7/2015 14:20

Long gone from here, but good luck to holders:

[chris shiherlis] 18/7/2015 01:35

Slider I catch your drift my friend.

The company are still pursing this crazy idea or notion of oil production, load of nonsense in my book. The dates for first oil gets pushed back and back.

Yes there will be oil but not via us.

[slider27] 18/7/2015 00:09

Chris i dont think News will come pre AGM as still got to get the Resolution passed to issue the rest of the Shares/Warrants to Havoc and co at mates rates.
September is always a nice month to smell a stinking tail of a fish trying to escape the great White that want to eat it !


GL

[chris shiherlis] 17/7/2015 23:45

I think we'll see some news pre agm or these guys will have a torrid time of it and I think they are too clever. I think that is why the AGM was moved back to accommodate whatever news that they have been waiting for. Otherwise why bother moving the AGM? Move the AGM, get the news out, easier ride for them at the meeting, that is the only logical conclusion.

13 trading days to news, hold onto your hats.

[chris shiherlis] 17/7/2015 23:43

Just got to be patient, its a case of when not if with this lot.

Keep the faith. Good things will happen.

[slider27] 17/7/2015 23:36

Thanks Bron/Hermann for your comments
I am part of the AIM Walking dead and so down to the bone but something tells me this fish has started stinking from the tail not the head
If the tail starts stinking again with a megashare giveaway to Insiders at > 2p then gonna chuck in all my last bones

GL guys

[drrichard] 17/7/2015 22:29

Chris, I agree. Bobo starting to seed the media talking of production late Q4/Q1 means drilling in q3 early q4 I reckon. Prep work starting before then of course. Not much time to start the ball rolling if that is the case

[chris shiherlis] 17/7/2015 22:20

Thundercat you miss brons point, any money put in now double at 2p, that is all he was saying.

I feel we are near to significant and definitive news.

[bronislav] 17/7/2015 22:02

Thundercat ....we will be well past that 4p soon enough ..I am a happy bunny sticking tight to my golden tickets....

[thundercat1] 17/7/2015 21:59

Lol 4p then bron that's where we started ? Hoping for a little higher than double 2p

[bronislav] 17/7/2015 21:13

Slider.......Your first post was in Churchill mining around April ,early April .I sincerely hope your presence here mirrors what occurred in Churchill.......my advice would be keep adding as the 2p being the absolute minimum means you are at least going to double your money...best of luck...

[herman_m] 17/7/2015 21:13

I completely agree with you slider. I've been adding to get my average down to 1.5 on the basis Havoc et al are happy with a 2p buy in. GLA

[slider27] 17/7/2015 20:50

Been adding like hell recently as my theory is if the Insiders have been loading up with Shares and warrants > 2p this is the absolute min the the share price will achieve even if they issue >1 Billion shares
Still dreaming about the Doc forecast !?
Timing is still vague but waiting for the end game as hopefully still got a few years in me yet


Any thoughts guys?

[thundercat1] 17/7/2015 19:34

Changed your tune keyser? what happened to the sunny forecast?

[ropot] 17/7/2015 18:25

Wouldn't surprise me if we're very close to some decent news, maybe just a few weeks away (after more pocket filling)? No wonder we are all getting so irate...