Sirius Petroleum Share Discussion Threads

[aventador] 08/11/2018 22:18

Near on 10 years..come on bobo time now to reveal your cards, we want to see our cash back and some profit, we've had too many years of stress pain and delays give us some news and let's see the money rolling in finally.

[bleemster] 08/11/2018 22:06

Yes, staying positive, we're back in the .8s with the L2 showing a 5:5 floor and ceiling. Prob won't seem much variance from 0.8 tomorrow especially based on fractional transactions. But hey I'm happy with that and so is my SBet

[deadly nightshade] 08/11/2018 22:02

Still to finish the night on a positive note, the share price is up a little and there is still a few weeks of November to go. Be nice to wake up with a Friday RNS spud date

[deadly nightshade] 08/11/2018 21:41

As I said earlier considering we are suppose to be drilling soon the buying volumes are absolutely pathetic. I like you bleemster would not put another penny into this untill I see a return on what I already have invested. Just do not see why bobo was wheeled out because if that guy interviewing him had half a clue the delays that have gone on here for 10 years he should have given bobo a lot harder time with the questions

[twentysixpointtwo] 08/11/2018 21:01

There was a time when releasing a video interview would create a feeling of elation on these boards. We’d all be taken in by these comforting words. Not any more. Time’s running out for these people. Action not words please.

[xerot] 08/11/2018 20:44

Bobo doesn't even believe it himself, why should we.

[deadly nightshade] 08/11/2018 18:35

them shares issued so far will all have gone to a good home bum and time will tell what will happen with those agm shares that were passed, the more i read bron's posts the more i feel we are closer to the truth to whats going on here

[bumhammer] 08/11/2018 18:28

Deadly, why would they want our shares when they can create more out of thin air

[deadly nightshade] 08/11/2018 18:28

as for bobo's latest wheeling out and interview, well just look at the pathetic buying volumes since it was released, that tells you how much regard his words carry

[deadly nightshade] 08/11/2018 18:25

bron i also have a gut feeling we will not see the drill bit turning this side of xmas, but i also have a gut feeling that something big is going on behind the scene. the bod should know by now that us longtermers are going no where so pretty sure they won't be geeting our shares cheap

[bronislav] 08/11/2018 17:23

Rns claiming we hope to drill in Q4,another BOBO moment in front of the camera and an amateurish video of the rig.Why am I not bursting with confidence about this drill.

[deadly nightshade] 08/11/2018 17:14

Hopefully Aventador this is all going to change soon, you would have thought once we finally let this thing go then a succession of positive news flow will then follow, this time next week we are halfway through November so should be seeing some sort of action soon if this spudding is going to happen this side of xmas

[aventador] 08/11/2018 15:02

Yep if we have to wait another 18 months I'll go crazy should have been 10p plus 5 years ago if they had got on with it.

[bumhammer] 08/11/2018 14:50

I'd be hoping for double or treble 10p in 18 months time Dr.Rosso

[dr rosso] 08/11/2018 13:32

Our boy pretty much gives the game plan away with a ref to 120 marginal assets in the Delta, sat there idle and waiting to be snapped up. Cavendish`s Obe Field is the latest to go. Always been Sirius` intention to move in on previously producing or near -production fields. With cash in hand they can cherry pick for a song. This plays to the strength of the BoD, accountant fundraisers, that`s their expertise, not overseeing O&G production. Get Ororo appraisal drilling done, prove up the 2P reserves and hand over to a genuine O&G operator. Use the cash to acquire and develop, take up 40% stakes with each leaseowner partner. Target £500m mcap within 3 years. A new style Afren. Fair price within 18 months looks to be around 10p.

[bronislav] 08/11/2018 12:02

Cheers for the reply sherlock

[htrocka2] 08/11/2018 08:44

I see the 'pre-emptive' post didn't go down too well....how about a bit from the 'horses mouth'.



half year report.
'The Group intends investing further amounts into the Ororo Oil Field, as part of its strategic development plans. The costs of the capital and operating costs will be covered by either separate funding facilities or by financial and technical industry partners on a joint farm-in basis.'





(As I posted earlier..Secured Loan Notes against what.....the above is a clue)

[solarno lopez] 08/11/2018 08:44

not necessarily a business causes a suspension ………;…… all depends on what the class tests etc say

[sherl0ck] 08/11/2018 08:40

I envisage growth & transformation but it also makes sense to further mitigate risk, retain control and raise less dilutive financing. Suspension would accompany a formal reverse of another business (doesn’t seem to align with our strategy) or transaction of such a size that it’s deemed an RTO - whereas I think it’s sensible that we walk before we can run.

[bronislav] 08/11/2018 08:29

The team sirius has assembled and that have been working for Sirius haven't been working on ororo as there is nothing to work on yet as we haven't spudded .It's not a bad shout to think they have been working on something else .another asset which has been hinted at for years now would likely need a suspension if we are to announce that other asset.As suggested before ORORO has been the stalling excuse and will imo be the final part of the picture.