Sirius Petroleum Share Discussion Threads

[aventador] 30/4/2018 07:03

No rns sfa again maybe we'll get one tomorrow.
Remember that turner report, the drill date was July or something, probably a more realistic time scale annoying but probably a few more months of dwindling below 1p for the time being same old same old.

[jenny tulwought] 30/4/2018 06:54

So what were those mega share trades just before Easter all about?
(63million and/or 633million)

Either they were huge buys - which should have pushed the share price up significantly,
- or huge sells - which should either have driven the share price down futher than it has fallen and/or, seen a curtailing of the relentless selling (ref Sherlock).

7 or 8 minutes to see whether we get a 07:00 update...



I'll go with SFA.

[htrocka2] 29/4/2018 23:47

DR... you seem to be the only one with me on this...The three below (in the AD) got pulled in at a late stage and are three of the ten employees with 40m options between them...allocated virtually out of the blue.....Abba Dusaki, a Sultan no less, was with SRSP back in 2015 and negotiated on behalf of srsp with the State Governor at the time Dr Mimko . It's interesting that he has been recalled now that Dr Mimko is no longer Ondo State Governor?. I'm not sure what the other two actually do, but it seems to me that some 'wrinkles' are in the process of being ironed out with the new State Governor before we go ahead with the final stage of drilling.(my opinion only of course)



Abba Dasuki, Director – Business Strategy Mr Dasuki has experience in the pharmaceutical industry, in real estate investments and in oil and gas ventures. He has occupied the position of Managing Director for Lakeside Pharmaceuticals, a leading pharmaceutical company based in the FCT for the past ten years. In addition, he is also the managing director of Lakeside Ventures Ltd, a company focused on oil and gas transactions in the Gulf of Guinea and real estate developments. He sits on the board of several companies, including Water Treatment & Technology Company of Nigeria, Country Channel Partner, Water and Process Technologies to GE, and is the Chairman of ABID Services Nigeria.



Abdulrasheed Oluwaseun Tobun – New Business Mr Tobun has a BSc in Mathematics and Statistics. His work experience spans oil & gas, building and construction as well as logistics and distribution.



Aminu Ahmed Aliyu – Business Support/Financial Planning MrAliyuhasaBAinInternationalRelationsandDiplomacyfromSchillerInternationalUniversity,Madrid. He has worked closely with the Nigerian Government in the protocol unit and in the rehabilitation of Niger Delta Youths under the Presidential Amnesty Program. He has worked in the construction sector asaprojectmanager,salesandmarketingofrefinedpetroleumproducts.Hehassubstantialexperience in the Nigerian maritime sector as a shipping agent – clearing and forwarding, and vessel husbandry.

[dr rosso] 29/4/2018 22:37

Stuff your red tick, mate. It is true. Led up the garden path with promises of deadlines for drilling. The latest one expires tomorrow. Will that drill bit be turning? Will it fuk. Force rig hasn`t even left UAE waters. And the explanation is ..........

[xerot] 29/4/2018 17:33

It's the sheer and clear contempt they hold the very people that have kept them afloat all these years that really makes me angry.

Every time there's no update on a failed deadline it's yet another slap in the face of shareholder and good folk that have invested let's be fair a hell of a lot of money in this and it's money most can ill afford to lose..

It's about time all the years of hardship to be rewarded or pull the plug on it.

[xerot] 29/4/2018 17:15

I could just about afford a Raleigh Grifter at this rate and one that's got three punctures, a cracked frame and duck tape covering the seat as it's had more owners than Frank Spencer's pogo stick.

Get the hell on with it you useless bunch of buffoons.

[aventador] 29/4/2018 16:59

I remembering years ago talk of 50p to a quid a share and thinking this time next year I'll have a ferrari or something haha, it would be a miracle now to see enough return on here to buy a new push bike.

Let's hope we see news released in the coming weeks of substance we are overdue some more news and things must have advanced a lot we've been waiting months again.
What have they been doing playing snakes and ladders or sorting some actual progress and moving forward with this project?

[xerot] 29/4/2018 14:29

Don't trivialize our pain and say it's a few months. it's 10 years this year for me and that has yielded a whacking great loss, until we see return on investment I will not be satisfied with the stories you and your ilk create day after day.

Show us some decent returns for 10 years of investment in this heap of junk.

[astralvision] 29/4/2018 12:51

XeroxYou may be correct re years and years of delays, buts that's the past.What was the date of the GM, back end of December 2017. Only from then have SRSP had all the tools to make something happen. That's the situation. Everyone but everyone agrees it's taken an inordinately long time to reach that point, but we've reached it and we're a few months past it now. I'm looking forwards to a very bright future and fairly pointless looking back too much, imo.And that bright future sure ain't going to be a flipping a bunch of options held, absolutely no chance. imo.

[xerot] 29/4/2018 12:25

Astral it isn't a few months delay here and there it's years and years and years of delays and no outcome. Get the hell on with it you absolute spanners.

[dr rosso] 29/4/2018 12:22

Heaven forbid that this lot do eventually go into production. Taken 8 years to get somewhere near Drill #1. Can`t bear to think what progress will be like. Target well #4 in 2035 perhaps.

Get the 241/95 2 x 40% "options/working interest held in trust" sold off and use the incoming payoff to acquire ultra-cheap farm-in on near-production or previously producing assets whose value will rocket the mcap. Add $200m cash to $400m NAV for a share price moving towards double figures. Settle into new office to oversee the show with brand new operation partners. Obe, Seme, etc etc. Sat waiting to be picked off.

Bit like Savannah snapping up distressed Seven Energy`s fields.

[puzzler2] 29/4/2018 09:31

I can't help feeling that there'll be an update on Monday. The BOD are aware of the RNSs they've put out and that if drilling clearly hasn't commenced within the specified timeframe, then the market will require an update. News tomorrow imo.

[vatnabrekk] 29/4/2018 09:21

Why did SRSP issue a RNS on 12th March to tell us that the rig would be mobilised to Nigeria "shortly" and that drilling of Ororo-2 would commence in April?;

Then why did they issue another RNS on 20th March to tell us that two well head systems were on route to Nigeria for Ororo-4 and Ororo-5, whilst reminding us that the two well head systems for Ororo-2 and Ororo-3 had been delivered to Nigeria in December?;

And yet they cannot bring themselves to update us on the situation regarding the mobilisation and delivery of the rig! Surely that is more important right now than delivery of well heads for 4 and 5?

[6cer] 29/4/2018 08:50

This lot have been friggin' in the riggin' for long enough.

What are they actually waiting for???

Question is are they going to lose all of our money????

[vatnabrekk] 29/4/2018 08:36

But never before have they ever had a rig lined up and ready to go. (Although it's not on location yet.)