Sirius Petroleum Share Discussion Threads

[fishandchips2] 05/10/2017 18:18

Listen to you lot moaning and guessing, just sit and wait. It will come back with a rocket flying north.

[1sonic] 05/10/2017 16:44

10 weeks till Christmas

[shez20] 05/10/2017 15:44

With something like that yes!

[1sonic] 05/10/2017 15:33

Shez, you believe everything they say to be true? H1 comes to mind.... now in Q4 of H2 and still nothing.

[shez20] 05/10/2017 15:26

Jack stated any work carried out on any potential/other assets will be included in the ad doc! As htr stated a scope of the company's way forward in the next 6-12 months should be included! So if no other asset or assets announced I wouldn't be expecting them any time soon

[htrocka2] 05/10/2017 15:13

This 'watched kettle' will be boiling before Christmas....

[drrichard] 05/10/2017 15:05

Agree on that Cornish.

[cornishtrader1000] 05/10/2017 15:02

A full Ororo declaration would be a good start. 1. Deeper Sands2. Full Gas details3. How Ororo will be a hub and the rewards than could bring. Could be 5p on that.

[drrichard] 05/10/2017 14:59

Afternoon, 1 Alfie. You are correct in referring to the RNS but it was at at the AGM that it was indicated that the asset stream would be revealed in the AD. Granted Bobo’s utterances (Vox presentation for example) have not always come to fruition but it suggests that we may see more than just Ororo in the document.

[1alfi] 05/10/2017 14:50

And that is without any reference to our gas play which could turn out to be more valuable than the oil. Golden tickets indeed

[1alfi] 05/10/2017 14:41

I am not in any disagreement with you on that one Ed. In addition I believe there is a good chance that we will also be tied into other fields surrounding Ororo but yet to be confirmed. As for assets other than Ororo, and Ororo related, I am doubtful they will be mentioned in the forthcoming AD. That is why I will hold on to my investment and not jump ship at the first significant share price rise.

[edgein] 05/10/2017 13:49

Alfi,

If they outline the full details of Ororo development drilling, timing and scope that will be plenty. SRSP fast tracked to thousands of bopd and a 88% NRI until payback will leave us with a cap significantly higher than we previous had.

Regards,
Ed.

[cornishtrader1000] 05/10/2017 13:35

One would assume it would be less of an administrative nightmare and legal hoops to get through, having Ororo in the AD then just RNS anything that they may have in the pipeline.

[aventador] 05/10/2017 13:10

All we can go by is they will re list as a production company with ororo which they stated would happen last year at the agm albeit again being behind schedule, personally i can't see any other assets announced with this ad doc sure they will come down the line after another long wait, least we should be able to get our cash back in due course but bigger rewards if you choose to hold for the bigger blocks tbc, let's hope they are in the ad doc we just don't know with this lot surely bp etc aren't here just for ororo that's for sure.

[1alfi] 05/10/2017 13:02

Ed - no disrespect to ht but if there is one thing I have learned from being invested in Sirius its to take my own council and base it in information contained in the RNS's and to date I have found nothing in the RNS's that indicates that there will be asset revelations in the upcoming AD document. When I say mediocre I mean it in relation to some of the expectations that have been expressed on this board. I do agree the AD document could have significant effect on the share price but I also feel that there will further increases as our story unfolds

[edgein] 05/10/2017 12:50

Alfi,

Don't say that. According to Htrocka we don't need to imagine other assets over and above Ororo as they'll apparently be included in the AD according to his post. More likely it'll highlight the upcoming drilling and development of Ororo, you may view that as mediocre, personally I see that as transformational as this investment company becomes a production company, fast-tracked to production. Also the indigenous partners are extremely useful to have within Nigeria, cause when you've Nigerians in the consortium things happen a lot faster than they otherwise would do. The BP funding was key to get things moving even though the market didn't react to it. I have a feeling it will react to it when these relist, the contents of the AD will dictate just how much higher. Just imagine if they reveal one of the pipeline of assets in the AD, could open 100%+ higher to our previous tiny cap.

Regards,
Ed.

[1sonic] 05/10/2017 12:50

What's six months when we've been here years.

[1alfi] 05/10/2017 12:40

Sonic- I agree with you about holding on to those golden tickets although I still disagree with you regarding the content of the AD which I think will be a mediocre. My next marker will be production from Ororo. My next marker will be how quickly we can achieve 500k barrels of oil for BP. The oil may come from additional sources as well as Ororo. My next marker will be asset revelations. When all the above is achieved will be my first consideration of letting go of some of those golden tickets and hopefully within a timeframe of the next 6months.

[1sonic] 05/10/2017 11:45

Hold on to your golden tickets don't listen to wiser/granny. As we re list he wants you to dump so he can pick them up cheap.. he was probably the one of the mass dumping before it suspended. Needs to recoup her losses

[herman_m] 05/10/2017 11:39

Sorry, I meant cornishtrader not carrbradshaw.

[herman_m] 05/10/2017 11:37

Carrbrsdshaw that is exactly what WTY wants you to do in response to his de-ramping.

[cornishtrader1000] 05/10/2017 11:29

5p and I would sell 1/2 my holding on the bell. The rest could stay in the ISA to see what happens with the mythical pipeline of assets.

[carrbradshaw] 05/10/2017 11:26

I never thought I'd say it but I'd settle for double my investment- just want out now - has dragged on far too long.......

[openfield68] 05/10/2017 11:23

Any of the above...