Sirius Petroleum Share Discussion Threads

[dr rosso] 05/8/2018 14:22

Fish no, fishy yes. Negative sentiment abounds. Must be time for a top-up before midweek.

[twentysixpointtwo] 05/8/2018 13:58

That must be Sonic’s fish restaurant in the foreground then ?

[xerot] 05/8/2018 11:38

They'll probably wait til oil is at 20 dollars a barrel again and then have a go at producing.

[aventador] 05/8/2018 10:17

Oil and fuel prices at a premium Nigeria 3rd in the world, a huge consortium of big players and backers rig that should now be on site pumping. And a share price of 0.7pence!!Come on Sirius play the game we want 70 pence.

[xerot] 05/8/2018 07:49

This is like the potting shed scene from Scum.

[htrocka2] 04/8/2018 22:39

Nigeria moving up from ninth to third...




(But at a price)

[bronislav] 04/8/2018 19:04

Canny buhari using the PIGB as leverage .elections next year ,he wants the US and UK on board with some assurances before they get their hands on his countrys gas....important few days from his UK trip and I suspect he left the government in the UK mulling his terms from his last UK visit.If he has gone back we must have met his terms in my view ...game on .

[htrocka2] 04/8/2018 17:28

FID waiting for PIGP..

[bronislav] 04/8/2018 16:15

Agree deadly,the fact we are still here and trading is in my view an indicator...I would suggest that Sirius was always one of two things .1 something significant or 2 a non entity ..if it was no2 logic days it would be gone by now.....A company stumbling towards production doesn't make any logical sense given that we are backed by an overkill consortium and as yet have not made any meaningfully progress towards drilling ororo2...To my mind it's clear ororo2A was actually drilled which fits with havoc having an alternative solution to re-entering ororo1.

[deadly nightshade] 04/8/2018 15:35

also bron if the current share price was in any way related to the performance of sirius as a profit making company over the years then considering we have not made hardly a bean then by all rights the share price should be next to zilch. the very fact this is still trading at just under 0.80 says it all that mm's don't have that many spare shares

[deadly nightshade] 04/8/2018 15:24

good point bron my thoughts too the very fact the mm's have dropped this a short range out of the trading range makes me think news is not far away. that tree shake the other day was the start of it. the very fact that when schlum signed up this went from 0.80 to 1.5 showed you the complete lack of spare shares.

[bronislav] 04/8/2018 15:00

Deadly...the market makers have control so it is interesting they have let it slip out of the trading range...If we have news coming ,dropping it below 0.8p is a last final way of keeping the herd away.No doubts they have moved it for a reason and by now it's clear ,given Sirius,s trading history that the share price movement has nothing to do with actual buys and sells.

[deadly nightshade] 04/8/2018 14:32

i do to carrbrad just feels like a hlv thats waiting for something to clear before loading. surely the length of time its been there if it was not ours it would have been loaded up and gone. it would be interesting if after all this time of waiting we ended up with two rigs ready to go drilling if as we hope multiple assets are revealed.

[carrbradshaw] 04/8/2018 14:14

I think the Grace is ours

[deadly nightshade] 04/8/2018 13:54

interesting the gpo grace is still waiting off port, its been there a while now so makes you wonder if its being held up by delays to our rig. either way should be a interesting week coming up and surely be a surprise if no sort of rns is coming next week. also interesting the mm's are playing a bit with the share price now maybe looking to pick up some shares before any news.

[xerot] 04/8/2018 12:18

As a wise man once said I am the smartest man in the world as I know nothing, may be by default with that in mind we are the smartest investors in the world.

[dr rosso] 04/8/2018 12:15

Expect suspension to be called at some point later next week

[bronislav] 04/8/2018 11:33

I would it would be difficult to buy any significant amounts in the open market Sherlock ,my thoughts are there is little free float with most holding tight as frustrating as holding tight may be in particular for long termers.It would be interesting to know what our cash position is.

[sherl0ck] 04/8/2018 11:01

£2m isn’t an insignificant sum of money and with their fingers in so many other pies, who knows what their overall cash flow position is like. But you’d hope that they want to secure a larger holding here and fully recognise that in the grand scheme even 2p is very good value.

The ideal of course would be to see some other asset news/suspension that equates to expanded company/mcap value and makes the exercising of warrants (if they currently have the cash) a no-brainer.

May also hinge on whether they’re still classed as insiders and if a closed period is open-ended until there’s been disclosure on the pipeline assets they've evaluated. If they’re able to buy in the open market then there’s less/no incentive to pay a big premium.

[bronislav] 04/8/2018 10:49

Sherlock what are your thoughts on where it leaves us if they aren't taken up and do expire.What appears to be an important part of the TAC team not committing £2million to the cause.?

[sherl0ck] 04/8/2018 10:45

This next week could prove important. Really want to see those 100m Havoc warrants being taken up.

[rajraj b] 04/8/2018 10:30

Any direction from the North Pole is south.