Sirius Petroleum Share Discussion Threads

[stbilow] 19/7/2017 15:45

If anyone fancies looking at some FACTS for a change!

BP Statistical Review of World Energy

[oilbuy] 19/7/2017 13:51

Looking stronger though this afternoon.

[astralvision] 19/7/2017 13:42

L2 strengthening, 4:1, just Peel left @ 1.1p

[astralvision] 19/7/2017 13:41

Volume ain't too bad going for a mid July day.

[astralvision] 19/7/2017 13:39

Was ignoring the option prices, of no interest. I was referring to the stuff re Owena.

[solarno lopez] 19/7/2017 13:31

and the 2m is a roller

[solarno lopez] 19/7/2017 13:12

Like I said ignore option prices

[astralvision] 19/7/2017 13:08

Post from LSE, don't think this is correct but be interested in any views:wonderer 5,120 postsHi Quid, Tried finding the post on ADVFN but cant seem to see it anywhere? Anyone else know what Quid posted about? One thing I have picked up on and that is SRSP has a 40% stake in Owena Gas & Oil 80% stake in OPL 241... This is what BP is interested in.... OPL 241 has 1.8bboe unrisked resources and 400mbboe risked resources. OPL 241 is next door to OPL 310 that is owned and operated by Lekoil. OPL 310 has 9bboe unrisked resources and is currently producing. Options held by BoD at 5p gives some confidence that they expect the share price to be higher than 5p at some point down the road.Off Topic No OpinionReply to post

[dr rosso] 19/7/2017 13:05

90% of pis lose because they trade acc to sentiment. MM fodder. Far more likely to buy into a rising price, and conversely far more likely to sell into lows. Pis have got "buy high, sell low" off to a fine art.

With this in mind, the last thing we need here is an AFPO-style whoop whoop everyone pile in on a manufactured rise.

[astralvision] 19/7/2017 12:38

psStill can't buy through IG Index.They are 'full' and will only take closing orders.Sobering thought that 90% of s/betters lose, hope this is the 10% one!

[astralvision] 19/7/2017 12:35

htrockaMy comment re 2p to 20p was wrt to the share price and not options?Personally I'm not waiting for anything other than whatever deal or plan they have to be revealed and we move forwards.My average is in is reasonable, around 0.75p, not averse to adding at these prices, as funds allow. I think they look good value and a decent risk/reward.

[htrocka2] 19/7/2017 12:29

astralvision...... why wait until the exercise price reaches 2p....when you can buy them now at 1p?

[astralvision] 19/7/2017 12:24

If I could devise an accurate 'pi sentiment' device then I could make a fortune. Buy when sentiment low, sell when sentiment is high. Keep a few core just in case they do ever pull anything off. Looking at the gyrations, I guess that's what a lot of folks must be doing.Looks buy time again but wtfdik.

[cornishtrader1000] 19/7/2017 12:14

Heading south again and to 1p?

[astralvision] 19/7/2017 12:09

I guess options can be reissued at any price so I agree, option prices tell us f-all.I'm taking it that any deal where BP and the other big boys are involved should see a share price multitudes up from here. Whether that is 2p or 20p who knows, therein lays the exciting bit and the hope factor.

[solarno lopez] 19/7/2017 11:37

Ignore the 5p options or any options for that matter they are not pointers to where a deal should/must be struck

[6cer] 19/7/2017 11:26

It would be most fitting if srsp changed its name to Fukyu Enterprises. (sounds Japanese.)

[aventador] 19/7/2017 11:23

Yep it's unlikely a sale then again we don't know what's going on, we are in limbo as always, its just all we can go by because if they are going to actually produce and can't stick to deadlines and only have ororo and then this process starts all again for any other assets this will be years off.

[dr rosso] 19/7/2017 11:11

From what I recall, Kosmos bought a % off Timis the dodgy licence holder, then BP later swooped in on Kosmos and took the rest of Timis %. I think the Romanian shyster trousered $450m in total from simply sitting on his acquired block licence.

[sherl0ck] 19/7/2017 11:08

Different as BP will undoubtedly already have done a huge amount of DD on Kosmos/Tortue in 2016, so that if additional equity became available months after they'd already commuted to a significant investment and creation of a strategic hub, it will have been a commercial no brainer.

[dr rosso] 19/7/2017 11:06

Yep, bang, gone. An offer from the Nigerian snake pit to buy out the licences. These are the assets acquired and held by Sirius, transferable to the consortium at a price. Way forward is simply to convert Sirius Petroleum into the new entity NewCo which will have 4 or 5 key stakeholders. Pi share ownership will be bought out. At what price? No doubt Fukyu Enterprise will try to take it for £100m, as opposed to Fairdoos offering £600m. What`s it going to be?

[htrocka2] 19/7/2017 11:01

'What better validation can we possibly have for our asset pipeline and huge potential than successfully passing a supermajor's massively arduous due diligence'

If BB bought 30% of KOSMOS from Frank Timis, I doubt due diligence will be a problem with srsp.

[sherl0ck] 19/7/2017 10:58

One big sale RNS and that's it? Highly unlikely I'd say.