Sirius Petroleum Share Discussion Threads

[bumhammer] 16/3/2018 08:07

XEROT.. Done it every year, but it builds up in a fund account as I top up along the way as the isa is always maxed out on April 1

Edit: Thanks Ed for your thoughts, its going to be tight I think

[xerot] 16/3/2018 08:04

you've had 10 years to bed and isa Christ lol

[edgein] 16/3/2018 08:04

Bum,

Yes perhaps, I was thinking along the lines of mid April. It'll be a bit of a squeeze to get the rig on location, tested and drilling before 5th of April. Wouldn't rule it out entirely as the rig is drill ready, not much prep work to be done, perhaps just a quick BOP test when on site. Those buying now are likely to get the opportunity to get those bed and ISA. However now that all is ready to move on Ororo we might see the next marginal signed. If they still hope to move the rig to the next asset after O-3 then they need it signed up pronto.

Regards,
Ed.

[alongfortheride] 16/3/2018 08:02

Anyone think we'll get a chance of cheap Bed n isa before more news hits?

13 trading days left before the new ISA BH .. I've some in a trading account ready to move over.

[bumhammer] 16/3/2018 07:55

Anyone think we'll get a chance of cheap Bed n isa before more news hits?

[rod99] 15/3/2018 21:57

Hence all the deramping htrocka, all those pointless links. #fraud.

[1sonic] 15/3/2018 21:32

I really like Sherl0cks post earlier....

At the moment we’re trading at a 50% discount to the new mid case npv, with no premium at all included for the big name partners, innovative financing structure, potential non-dilutive access to full field development funding, drill upside and future opportunities etc. Weird, but I’ll keep adding as & when I can.




Trust me the market will quickly change and we will be trading well above current levels....

Mms are playing games but will soon move up when the times right.....

And when it does game on and game over for some sellers...

[htrocka2] 15/3/2018 21:03

xerot....your best comment today was...'we have a detailed knowledge of this firm.'

so has the market....and as you say...until oil comes out of the ground, the markets, who have heard it all before, will remain sceptical. When SRSP hinted that they were to partner Del Sigma in the KE field, the share price shot up 530%.....now we're told that oil is coming out of the ground next month....the share price doesn't wan to know., the problem is that this sh+t is a fact.




'received preliminary Location Approval from the Marine Warranty Surveyor for the Ororo-2 and Ororo-3 wells'

That's new one on me.

[htrocka2] 15/3/2018 18:30

76382...post of the day... .I don't know why DR got a red thumb for quoting the BoD??

[ileeman] 15/3/2018 18:20

You watch people scramble to buy once this is above 1p, that is ussually what happens on AIM.

[ileeman] 15/3/2018 18:19

Ussually 1-2 months pre drill is when the market wakes up, after rig has been confirmed.

We had rig confirmation the other day, accumulate and wait for the rerate it will happen.

[vatnabrekk] 15/3/2018 18:00

I don't really expect the share price to move much until confirmation that the rig is on board a HLV and actually on its way. Even then, perhaps not great movement of the share price until arrival of the rig, and confirmation of spud.

[solarno lopez] 15/3/2018 17:06

cripes you must have in excess of 30m now so well done

[sherl0ck] 15/3/2018 17:03

At the moment we’re trading at a 50% discount to the new mid case npv, with no premium at all included for the big name partners, innovative financing structure, potential non-dilutive access to full field development funding, drill upside and future opportunities etc. Weird, but I’ll keep adding as & when I can.

[drrichard] 15/3/2018 16:45

Xerot, agree. Too many false dawns for market credibility so far. We know tha we are in the best position ever, as Sherlock has beautifully outlined.

[aventador] 15/3/2018 16:38

Ridiculous bids back at 0.8p after more decent news.This should be double this by now.

[xerot] 15/3/2018 16:26

I think it's a case of the market doesn't believe it's going to happen.

Until it sees oil the market will be sceptical of this firm due to all the delays.

The long term holders can see that it is about to happen for us because we have a detailed knowledge of this firm.

[dr rosso] 15/3/2018 16:10

15.14.5
.... "During the initial six months from the first oil production from the Ororo Field (Initial Period), Sirius may sell the oil produced to an alternative buyer for the purpose of managing its cashflows."


Page 37 AD
.... "It is expected that, during the period of an extended well test, there will be no sale or disposal of petroleum products from the Ororo Field."

?

[ileeman] 15/3/2018 14:21

Added a final batch today probably more than I should to be honest, didnt think it would still be sub 1p. Cant imagine this price will last with such a major catalyst in April.

[billyrayvalentine] 15/3/2018 14:09

Detective Captain Sean Signal
15 Mar '18 - 11:08 - 76362 of 76378
0 0 0
So what’s that 10.5M trade all about?

At the time the ask was 0.9 and the bid 0.95!
Leonsito
15 Mar '18 - 11:11 - 76363 of 76378
0 1 0
That was a big buy. Bid was 85, ask 90

...that was UT trade, so neither a sell, nor a buy ;-)