Sirius Petroleum Share Discussion Threads

[bennyfishery] 10/8/2017 19:33

If this goes on much longer without a result Doug, we'll be discussing euthanasia.

[doug51] 10/8/2017 18:43

TTT: Just read you posts.This is why I believe in birth control.

[doug51] 10/8/2017 17:29

Jangobatley: The times I have seen next week should be interesting on this board.Why is it always next week?

[openfield68] 10/8/2017 17:27

The sun'll come out tomorrow

[1alfi] 10/8/2017 16:05

I notice that is your first ever post on advfn jangobatley - are you new to advfn or are you a regular poster who has just renamed himself ?

[jangobatley] 10/8/2017 15:56

If the big dogs don't turn around on the RNS pretty soon we could be looking at a massive re-up at DDR prices. Only question is if BP et all are prepared to dive into MM territory without a VERY secure holding. Next week should be interesting!

[aventador] 10/8/2017 14:47

Yep as I said until they reveal the bigger picture this isn't gonna really move massively but when they do reveal whats been kept under wraps all these years this could then massively re rate, I just wish they'd hurry it up.

[bronislav] 10/8/2017 13:48

Nobody gives a toss about trading or the price of oil or how many shares the market makers have or whether we need to hang on for the ride of our lives..Its simple,sirius have to release the news that reflects why all these large companys
Are signed up.Until they can release that news nothing really makes any odds.

[detective captain sean signal] 10/8/2017 13:35

MM's looking for shares? Didn't have much luck yesterday despite offering 1.25p for up to 2.25 million. Now they're trying to unhinge a few by dropping it slightly.

[aventador] 10/8/2017 12:23

If news wasnt pending or this company was actually on the rocks the price would be massively tanking now and it isn't so although we are partially in the dark and still in limbo there are a lot more positives in our favour here than ever before.

[stu1210] 10/8/2017 12:08

DR R with regard to TT I'm sure your aware of the saying "you can't educate pork" TT is pork :/)

[htrocka2] 10/8/2017 12:07

Truth teller... I agree they've got no oil, however, the market doesn't normally get it wrong and has valued them at.....

Market Cap.
£30.97m

So what have they got that's worth this Market cap?

[drrichard] 10/8/2017 12:00

Tt, for you to not understand the import of the price of oil to an oil & gas company, then I do not know why you are here?
In addition, BP is looking for an off-take deal and the more the margin of the POO over our circa $27 extraction price the better the chance of a deal.

[qprallan] 10/8/2017 11:56

2 trades of £18* could they not be a Bed and ISA ?

[aventador] 10/8/2017 11:45

3m buyer seems to disagree, if i was a buy..Just a waiting game few more months to play with before h2 deadline lapses they will def put out more news in the mean time they have to.

[the truth teller] 10/8/2017 11:38

Sorry for being silly but what has the price of oil got to do with Sirius. Surely you need to sell some for that to have a bearing.

I've got 4ltrs of Castrol GTX they can have.

If we all chip in they might accumulate a couple of barrels.

[the truth teller] 10/8/2017 11:32

"First of all, some time ago we were told that they had several offers of finance, it was just a question of choosing the best one. Really?"

What RNS told you that.


I've come across some stupid people before but the people on this board really are thick.

Ihook line and sinker.

Still there is always next week so chins up.

[vatnabrekk] 10/8/2017 10:05

Yes, drr, but would they need to have all of the funding in place before starting to drill Ororo? Surely they could make a start with what they've got, then they would be in a stronger position to seek finance for the other fields?

Or would that be too simple?!!

[drrichard] 10/8/2017 09:43

Tend to agree Vatna, although we might have to remember that this this is not just about Ororo. If we are to embark on a shallow offshore drilling campaign it will need lots of cash, some of it funded by revenues to be sure, but initial spend will be more than BPs $4M, or whatever they finally decide.

Oil, by the way, has nudged over $53.1.

[vatnabrekk] 10/8/2017 09:32

As far as I can see this Finance thing is a red herring.
First of all, some time ago we were told that they had several offers of finance, it was just a question of choosing the best one. Really?

But in any case, as most of the service companies have said that they will not need cash up front but will wait for first oil (or gas) (or have I got that wrong) then surely they don't need zillions of dollars before they get going. And if BP has offered to make a prepayment of $5M - $10M for their off-take agreement, then surely that would be enough for them to get the drill in the ground and start producing enough to pay off the others.

So I very much doubt if the hold-up is because they are trying to arrange finance.

[aventador] 10/8/2017 07:51

It will pop when they actually sign a deal or finance and get drilling.As for when that will happen and going by there deadlines which fail every year theres no telling.

[eye2] 10/8/2017 07:43

When is this going to pop ? Sell over bid all day in size . Today ?

[oakville] 10/8/2017 03:25

Friday tomorrow !
Another week gone.

[drrichard] 10/8/2017 00:07

Ho ho ho, ht! Good digging, my friend!