Sirius Petroleum Share Discussion Threads

[deadly nightshade] 13/8/2020 20:13

2 things you should never take notice of when you read them on aim posting board. 1) RNS NEWS COMING TOMORROW 2) ONE SHARE TRADE THATS MM CODE MUST BE NEWS COMING. In donkeys years of investing I can't say I have ever seen either happen

[xerot] 13/8/2020 20:09

someone said we was expecting news this week?? Hence my post.

[aventador] 13/8/2020 19:37

The way the bod have gone about it and run this company is an utter scandal and they should be ashamed of the way we've been treated from start to finish should this horrid saga ever end.

[aventador] 13/8/2020 19:31

I don't even care about a profit just give me my money back and end this torture.

[deadly nightshade] 13/8/2020 19:04

that would be the hope dr rosso if we could just get a good end result here i am sure none of us would look back on how the bod went about getting us to it. bobo's a footie fan and he knows his job is a bit like a footie manager where you take countless stick for not getting results then all of a sudden a big cup trophy win and everything previous is forgotten about. i dont know about anyone else invested here, but this current build up to me feels like its got to be the last of our hopes in this, if we get knocked back again how can this ever build up again?? will it be a straight cash take out?? a relist with a final discount placing and everyone moaning then all of a sudden the big news drops??? or will it be a relist into a low field starting point oil producer??

[dr rosso] 13/8/2020 18:53

Duped into buying through false promises of imminent drilling. Truth is that they never had the funds in place. What`s more, there was never any intention to drill for all. the whole thing has been a bogus exercise fronted up with fake podcasts and presentations.

But without doubt, something on a large setting-up scale has been carried out beind the scenes ...

[xerot] 13/8/2020 18:17

News tomorrow??

[oliversanvil] 13/8/2020 17:18

SRSP Board of Directors are they hounorable? Vote YES.

[oliversanvil] 13/8/2020 17:17

SRSP Board of Directors are they honourable? Vote No.

[bleemster] 13/8/2020 16:08

You make a good point but what if you needed that coal at the promised time to heat your house... a diamond coming years later would not have benefited me if I had that coal A few years agoI'm just saying if the company had given us more information than they have most of us would not be invested now and the company would know that so speaking from what the general census is on this particular forum has the company been A tad naughty with what they have said and what they haven't said knowing too well if they had have been 100% honest would be in a very different situation with their investors and/or having a live companyEither way even if they are trying to protect the company and keep it alive their tactics are very bad whether they produce a diamond in the end or not

[bronislav] 13/8/2020 16:07

We've got nothing back YET HT.I doubt you would still be here posting if you didn't expect something back.

[htrocka2] 13/8/2020 16:03

Bron..you got something back and would be 'buzzing'.… We've got nothing back.

[aventador] 13/8/2020 15:59

We where sold this investment on the basis they would get ororo flowing and a pipeline of potentially massive assets, a decade on zero has materialised other than a massive drop in the share price, radio silence and delisted. Rumours of a sale, what they gonna sell a couple of well heads?!

[bronislav] 13/8/2020 15:14

Thanks htrocka .so we haven't been scammed then in your opinion.
Re..mis sold..
If someone mis sold me a piece of coal and I got a diamond instead I would be buzzin.

[htrocka2] 13/8/2020 15:12

bron….I believe we've been 'mis-sold' a product.....which is not the same as an 'investment' with caveats that contain high values of risk...Mis-selling is a legal minefield in it's own right.....especially as no explanation was put forward as to why the 'product' never materialised.....If I bought and paid for something that was offered on line....and it didn't turn up....I've been conned.(I wonder if I would have got my money back had I bought the srsp shares through 'pay-pal'?)


mis-sell.
.

[mis-sell]


VERB
.
mis-sold (past tense) · mis-sold (past participle)



sell (something) to a customer on the basis of misleading advice.

"it continues to unlawfully mis-sell the fares with hidden handling fees" ·
[More]

[bronislav] 13/8/2020 14:30

Htrocka.do you think they have been scammed?

[htrocka2] 13/8/2020 12:11

Dr...I personally know of a couple of people who bought into srsp as a consequence of those videos...they now feel that they've been scammed.

[qprallan] 13/8/2020 12:07

I would rather fast-forward to see if we still exist

[dr rosso] 13/8/2020 11:07

Rewind to 5 years ago

[htrocka2] 13/8/2020 10:31

In my view (I must stress)...…..the deals announced in the Dec 2018 Report will have to be radically revamped for the following reasons...in the five year oil price chart below, we see that at the beginning of 2017 the price of oil was about $45 a barrel...this gradually rose to $85 in 2018 when srsp made (and announced) their deals and the 'glory days' of $145 a barrel were back in sight,...however, no sooner had the deals been 'provisionally' agreed', the oil route began and the oil price dropped through the floor....hence all bets were off. Any deals now would have to take into account the current price of oil against production costs.....hence, my bet is that as the ororo cpr gave extraction costs of $27 a barrel (and looking at this from a funders perspective)....I doubt deals will be signed off until oil reaches $54 a barrel so as to safe guard the funders investment and clients money..(my opinion only)

(The $20m 'Ororo debt funding' was agreed when oil was above $60 a barrel)


Annual Report and
Financial Statements
for the year ended
31 December 2018

(engage 5Y chart)