Sirius Petroleum Share Discussion Threads

[dr rosso] 19/7/2017 10:54

Imo

Consortium thrashing out the new joa entity that will sign a psc to take things forward into drilling/production. Let`s hope Sirius final task was to get BP to sign the offtake deal. Then take no further part in proceedings. Hope they have legally secured their part of the exit strategy. $4.6m of intangible assets as per Accounts tells me that Sirius holds the field licences, without which the current partners can do nothing.

The 3 Cove Ds each took a £50m cash payoff when PTT took the Moz gas assets. I suspect the same thing will happen here. Whether it`ll be a legit above the table golden handshake is anyone`s guess. We can but hope that all shareholders will be treated equally, not some kind of dodgy deal whereby a few get £2 and the rest get 2p.

[aventador] 19/7/2017 10:52

It's wishy washy along with everything else to date speculation and talks like the blocks nothing signed and sealed hence we at 1p still a fifth of its original price after ten years.Hopefully if the bp deal is signed then it's an end to rnss which have no real use dates or which leave us with more questions than answers.Preferably one big RNS sale job done pay us our money and we never have to think about this again except for how we spend our long awaited profits.

[bumhammer] 19/7/2017 10:51

Do we know why QFC's post was deleted?
Good work from Dr.Richard replicating it here.

Bradshaw, he didn't sound like he was despairing.
It's just 20 days after H1 we still float around in a void of no updates.

[sherl0ck] 19/7/2017 10:32

I wouldn't call any RNS that tells us BP have signed up and are putting money on the table wishy-washy! What better validation can we possibly have for our asset pipeline and huge potential than successfully passing a supermajor's massively arduous due diligence?

[htrocka2] 19/7/2017 10:22

Some one asked about rns's



Next Event 27/09/2017.
Next interim announcement

[fazertracy] 19/7/2017 10:18

Followed by an even bigger buy

[megashareman] 19/7/2017 10:10

Again big sell at high price

[megashareman] 19/7/2017 10:09

I hope so to,but I think someone is paid in shares and offload them the past week to nowBecause the price hold up Now someone sell and the price go down Let me be wrong ,I hope so

[carrbradshaw] 19/7/2017 10:07

I think Q4C is one of the most knowledgable posters regarding this share and I thought he sounded like he's had enough now just like the rest of us. He sounded like a man in despair - let's hope this ends well.

[drrichard] 19/7/2017 09:49

Let us hope that he was very close to being bang on the ball then, Billy.

[billyrayvalentine] 19/7/2017 09:45

...I think that is the case, as he is not a happy bunny and sent "a message" to LSE's admin ;-)

"Quidforcash
Posts: 537
Off Topic
Opinion: No Opinion
Price: 1.125
View Thread (2)

Ok that was my last post on LSE

Well I have spoken the truth as I see it and it was far too "HOT.

For those that did not see THE post then I suggest visit ADVFN as Dr Richard
has posted it there.

All the very best to LTHs and in the remarkable event event that there is an
AGM then please try and get yourselves along.We normally meet at the Costa
coffee on the corner of Gt Queen St.

I might go and give some welly to Dr Rampo on ADVFN, but prob not
but never say never eh!

Personal message to LSE ADMIN

Gagging is a crude and in this instance wholly erroneous action by you and I
cant continue to support your forum.
A sham of a site springs to mind."

[htrocka2] 19/7/2017 09:42

vatnabrekk... that's still my conclusion. Should the talks culminate into a complete take-over by BP, how on earth are you going to go from 1p to 15p, a 1,400% rise without a suspension, through the issue of a single rns ?...On the other hand, suppose the BoD release a 'wishy washy' rns merely stating that 'BP have agreed a $5m in exchange for an oil off-take'?(end of rns)

[vatnabrekk] 19/7/2017 09:11

So have we all gone off the idea of Suspension / RTO now? Is that now dead?

[bumhammer] 19/7/2017 08:54

21.5p will be the price.
Plus time share options for all of us in a Lagos apartment complex.

[drrichard] 19/7/2017 08:30

Have not got a scooby, Billy. Sorry.

[billyrayvalentine] 19/7/2017 08:27

...it looks like q4c's post has been deleted of LSE bb, wonder why, or has he posted his musings much earlier, care to enlighten us, drr?!? ;-)

drrichard
18 Jul '17 - 17:56 - 68394 of 68420 6 0

[aventador] 19/7/2017 07:02

3p ??? Wash your mouth out.

[bsg] 19/7/2017 07:00

My gut feel is no more than 3p eventually. l just can't see 15p. It,s never that easy!

[sherl0ck] 19/7/2017 06:07

"Agent Sirius to receive anything between £100m and £600m for job completed"

DrRosso - Rather a broad estimate equating to <3p to 15p fully diluted? Normally you only talk of the higher figure so what's changed your views to now consider such a potential low-ball price too?

[htrocka2] 18/7/2017 23:53

"Cash generative in H2".

Strange...... the company never uses that expression , as if it's not their concern.


from the rns
'We have made significant progress over the past year to ensure the Company has all the necessary skills and resources to develop its pipeline of assets.'


The way the sentence has been structured could also apply to a third party. ...and suggests an administrator or a collator as opposed to a contractor.

[htrocka2] 18/7/2017 20:32

If this rig has been designated and in limbo, ie, not allowed to be contracted elsewhere while under contract to SRSP, surely there must be costs accruing against it?