Sirius Petroleum Share Discussion Threads

[bronislav] 11/5/2018 07:42

Cmon Mr BUHARI ,get yourself back to Nigeria and sign the PIGB.Your holding the job up.We can move the rig that last bit of the journey and all will be well.

[6cer] 11/5/2018 02:04

Stinking rich? Thanks to srsp I'm stinking poor.

[openfield68] 10/5/2018 23:32

1sonic, I didn't think they allowed electronic gadgets on the wards after lights out?

[htrocka2] 10/5/2018 23:20

At least the Remuneration Committee has been working hard...(BOBO' salary as an example....and that's just one of them,))

If I was on £3,500 p/w....I'd make sure I remained there a lot longer than 6 years.



'As Mr Bick said to me some time ago, "We`ve been here 6 years, we`ll be here for another 6 if necessary"'


from the AD
13.7.2 a new service agreement with Oluka yode Kuti, effective as from Admission,pursuant to which Mr Kuti will continue to serve as the Chief Executive Officer of the Company. The Company will pay Mr Kuti remuneration of £175,000 per year, monthly in arrears and will also provide him with medical and dental insurance. Following the successful first commercial production of hydrocarbons to surface, Mr Kuti’s remuneration will increase to £250,000 per year and he will also be entitled to a bonus, such bonus not to exceed £250,000.....'

[deadly nightshade] 10/5/2018 23:13

as we all know though this is aim investing. ive invested in a few aom shares over the years and in my opinion its a minefield. every now and then you will get one company in every 2000 that rises from nothing and keeps going up and makes massive success. question here is are we one of them. are we going to go from years and years of acheiveing nothing to all of a sudden becoming this massive growth stock thay springs up under the radar and takes everyone by surprise. well as ive always said i am invested here out of hope and certainly not expectation as in all honesty i have not hot the greatest faith in this but i dont do the lottery and i was tipped this share a few years back and chucked my hard earned in on the hope this will make me stinking rich. but i am a realistic guy and this to me is only a dream a bit like that willy wonker film we can only hope we are holding a golden ticket. if it all comes to nothing i dont think we can all be surprised as they have had 10 years of not returning and shareholder value. fingers crossed though we have a golden ticket

[dr rosso] 10/5/2018 21:46

As Mr Bick said to me some time ago, "We`ve been here 6 years, we`ll be here for another 6 if necessary"

[1sonic] 10/5/2018 21:42

Openfield long term???????

Are you for real 😳

Long enough.

Epe, you’re an idiot pal....

Anyhow enjoying my hols so far...

[openfield68] 10/5/2018 21:11

Sherlock you are so right. Sirius is definitely a long term prospective....a long, long term prospective.

[shez20] 10/5/2018 21:04

Be nice if the bod could deliver what they said they would!

[dr rosso] 10/5/2018 21:02

Be nice if the official info turned out to be correct for once

[xerot] 10/5/2018 20:59

be nice if they actually told us what was going on rather than guessing and no doubt getting the wrong answer or the wrong end of the stick over and over again.

[deadly nightshade] 10/5/2018 20:53

good point sherlock, its taken this long waiting so whats another few weeks. i will wait how ever long it takes i am going no where untill this bod finally get me some massive return on my investment. just think of all those massive share trades in the past and all those isa trades that have gone on, are these 20 grand isa trades just your average joe bloggs pi who posts on this bb?? i think not. follow the money if the rig deposit has been paid then they can't hold this back forever

[sherl0ck] 10/5/2018 20:39

Vat - If the delay is on Cosl’s side and isn’t a big stumbling block then I think it’s prudent to take a more nuanced and diplomatic approach rather than angrily waving contracts and immediately issuing an RNS that points the finger of blame. Better to take a long term perspective on everything... particularly in a complex consortia scenario. Build a strong relationship, collaborate on any problem solving, develop goodwill and use any leverage gained to our later advantage.

I also think that hiring staff, securing a new office, ordering additional wellheads, booking & announcing a rig etc are the actions of a company that is absolutely expecting to drill imminently. Any major political or local Nigerian risks/issues and I think we’d have held off on some of these things.

[htrocka2] 10/5/2018 16:40

22.6... There may be an element of truth in that statement other wise SRSP would possibly be liable to the charge of defamation.......(COSL have declined to comment)

[vatnabrekk] 10/5/2018 16:39

I'm sure that SRSP and COSL are in regular contact with each other, so COSL would have been aware of whatever was going into the RNS. And in any case, the RNS didn't actually put the blame on COSL, it said that SRSP was waiting on confirmation of timing from COSL, which is not really the same thing.

Assuming that SRSP has already paid $3M to COSL for mobilisation plus $1.5M to COSL as a deposit against the first instalment for drilling, I don't believe that SRSP and/or the consortium would be very happy if COSL were failing to meet their obligations by not delivering the rig on time. SRSP would be screaming at them and wouldn't be putting out a nice soft RNS. There is too much at stake here. So that's why I am convinced that it is not COSL who are holding things up at the moment.

Yes Aventador, I know the rig will arrive, and I'm not panicking, just trying to make some sense of this crazy situation.

[aventador] 10/5/2018 15:51

The rig will arrive at some point just it's late in doing so don't panic.
Just have to let things take there course now.

[twentysixpointtwo] 10/5/2018 15:46

Putting yourself in COSL’s shoes for one moment Vatnabrekk, would you tolerate an RNS as issued by Sirius seeming to put the reason for the delay in their court if that wasn’t the case ?

[vatnabrekk] 10/5/2018 15:40

My belief, for what it's worth, is that there is no problem with the rig or with COSL. I am of the opinion that the problem lies with Nigerian politics, deal-making and other games, and that COSL are waiting for the green light from SRSP and/or the consortium.

Perhaps it's not the rig that's lost, perhaps it's a brown envelope that's not in the right place?

[jenny tulwought] 10/5/2018 13:35

George Orwell's '1984' is a far-fetched dystopian yarn about a repressed people, suffering a daily routine of subsistence diets and propergandist falsehoods.

Does BK = BB, and why do I feel like such a Winston?

[dr rosso] 10/5/2018 13:03

LEK has enough on its plate having acquired stakes in 2 major offshore oil blocks.

The most interesting discovery from Lek`s drilling into deeper sands was that they tripled their reserves from 225mb to over 775mb on their field within OPL310https

But now this ...:

[minichris] 10/5/2018 11:57

HT, Lek's 1% has been written off, was in their results somewhere, I will dig it out.

[htrocka2] 10/5/2018 11:52

If Bresson Energy(in effect the same 'boss' as Oilworld) approached Ondo State for final 80% of OPL 241 in which Oilworld already own 20%.....why has Lekoil's 1% not been mentioned or acknowledged?