Sirius Petroleum Share Discussion Threads

[deadly nightshade] 27/9/2016 18:26

Yes sherlock all in all i am happy where we are too, ignore SUPERSPUDPEELER i expect we will be hearing alot more from this bedroom troll the next 6 weeks it will be frantically deramping to try and keep share price down i expect. Facts are SUPERSPUDPEELER that a lot of folk have been invested here through thick and thin and will probably see this through to the end regardless of the rubbish that keeps coming from your mouth. I don't know what breed of person takes delight in seeing onother person down on their investment but fingers crossed we will all see a xmas payday at long last.

[sherl0ck] 27/9/2016 17:42

I see that the 3m buy element of the 3m share transfer is also now showing. I make that 4.8m sold and 8.6m bought today. Hardly a case of the market doesn't like it.

At the end of the day the market has been quite understandably sceptical of Sirius for the past couple of years....which has allowed me to accumulate a tidy stash of shares and shove them in tax-free ISAs. The market has now had 4 separate RNS references to funding proposals being on the table in the past 5 months. No one can claim they weren't given enough warning whilst the price is still cheap.

[superhuperdrugdealer] 27/9/2016 17:26

MiniTwit to be exact you are down from 9p to 0.35p
" Owned "

[minichris] 27/9/2016 15:55

And just how much are we down right now GrannyTim? Zero, zip, nada... market is to be expected on the release of HYR and AGM date. What were you expecting?

You must be on the appendix pages of an idiots guide to de-ramping by now.

[superhuperdrugdealer] 27/9/2016 15:50

The market doesn't like it and that is evident!

[drrichard] 27/9/2016 15:47

I agree. It has been an F of a long time, we have had several false dawns and the share price is just off rock bottom. However, this time we have had a row of nice RNSs which indicates that they are doing it right-viz. 3 year licence, EIA, CPR and now we hear they have an FDP as well.
It appears that they have both DPR and three potential partners on board. They seem to like it.

[1alfi] 27/9/2016 15:40

There's three multi nationals think this company is worth supporting financially - I'm beginning to think they're right !!!

[carrbradshaw] 27/9/2016 15:33

There's a lot on Twitter think this is a dog of a share - I'm beginning to think they're right!!

[shez20] 27/9/2016 15:31

Am sure the same was said with last march's 500k fund raise! Suppose will be right one day

[aventador] 27/9/2016 15:20

It certainly is pushing peoples patience now, how many more years of the same promises can we take, people have died waiting thats how long its been.
I think most would be grateful to see any deal signed now so we can get off the starting blocks finally.

[drrichard] 27/9/2016 14:53

DPR fee for approving an FDP, Sherlock, is a very reasonable N50K so not a lot of fundraising need for that.

Rockflow fees perhaps re the strategic development

[dr rosso] 27/9/2016 14:01

Sirius task is to procure funding. They have no intention of putting up the drill money themselves, and never have had. Remember the farcical situation in 2013 when they came up tantalisingly short of $5m.

Read the rnss, they refer to Sirius itself working with financial and technical partners. The latter is Havoc who signed up in Oct 2014. The former, imo, is likely to be Schlumberger coming in on a FMA turnkey basis. When Sirius refer to themselves as likely operator, that is in name only as in effect it will be the Havoc TAC team managing operations in conjunction with Schlumberger technology.

There is no funding delay. It has always been about securing the most effective option for a strategic development of linked field and block assets which have been optimally prepared ahead of production.

[1alfi] 27/9/2016 13:58

Another good RNS in my view. 3 multinationals willing to provide funding. Surely there is a positive message in that fact alone.

[drrichard] 27/9/2016 13:49

MrB, agree on that. My feeling is the reason they have kicked the AGM can 6 weeks down the road is that they reckon they can sign off by then. Bobo has said the DPR turnaround time on an FDP was around 3 weeks, plus a fee, I imagine. RNS used the past tense re the FDP so presume it could be in their hands already :-)

[drrichard] 27/9/2016 13:35

Did not mean to suggest juswt a week or two from now Carrebrad. Figure of speech.

[carrbradshaw] 27/9/2016 13:32

Drrichard - you really think this will just be a week or two longer for a better deal - I really hope you're right - I don't expect anything share price enhancing this year.

[shez20] 27/9/2016 13:31

Couldn't agree more with your sentiment this morning bum hammer! It's funny how Sherlock makes out a change in a few words from a rns a year ago is a positive! No further on, lots of dilution and more to come from the sounds of it! Yet they have pi interest at heart! Laughable, yes we could have funding and even for a lot more than ororo on the table but yet again we could not and could be here in another six months time! Like you if this has just been about getting ororo financed I feel we have been shafted by this lot

[drrichard] 27/9/2016 13:25

Come on Mr B, lots to be positive about. Three offers! I don't care it if takes a week or two more for a better deal. Gotta be a three drill package you would think. With HAVOC and Schlum in the picture you would think Schlum are best fit.

[bumhammer] 27/9/2016 13:15

Be nice to chat about hard facts that pump our share price up instead of dancing around with ever-shifting scenarios. sick of it now.