Sirius Petroleum Share Discussion Threads

[solarno lopez] 20/11/2020 14:46

Excellent Xerot

[xerot] 20/11/2020 14:03

Astral, I think its obvious what's going to go on here next even if your not in the know if you have even a modicum of sense you'll be able to see that this firm has got a lot of potential. Deal one was always the issue and getting some assets on the balance sheet but now that looks done then they are able to leverage that first asset against future acquisitions therefore giving confidence to future partners.

[astralvision] 20/11/2020 11:47

qpr, no problems Cheersav

[astralvision] 20/11/2020 11:46

BronislavUp to all of us if we want to buy more shares.I certainly won't be, as I've already got more than enough of the things, but don't let that stop you or others going ahead!Wrt to Sherl0ck, I follow his posts with great interest, as do many others here judging from the numbers of tick ups. He seems a calm, level headed chap, despite provocation from the 'regulars'. I think his posts are well meant and informed. I'm very encouraged that Sherl0ck believes there is further near term news.But I'm not taking the word of any BB poster as a rationale for further investment. I have absolutely no idea what another deal might look like, so no basis on which to make an investment. I'm happy enough, like most on here, to see what happens and hope my shares will eventually be worth something and saleable.

[qprallan] 20/11/2020 11:40

astral - Ignore my post as I think I misread your's. I presume you were talking about any potential buyers and not me in particular.

[astralvision] 20/11/2020 11:38

qprI would suggest there's a big difference between buying shares in what was a reasonably liquid AIM share then the shares were suspended then de listed from AiM then months later the matched bargain service on JPJ was opened. Ie, AIM investors had no real choice but to continue holding their shares. They ended up with something they didn't envisage.It's a different kettle of fish altogether to buy into the situation now and willingly lock oneself in, esp when you have no further knowledge beyond the recently announced deal.

[qprallan] 20/11/2020 11:24

astral - "You’re locking yourself in and tying up cash, if it don’t work out you’ve lost the lot."


How can you be locking yourself in etc. ? We are all locked in at present

[bronislav] 20/11/2020 11:15

Well Astral if Sherlocks positive post from a day or two ago is correct 1p is an absolute steal...get your hand in your pocket .

[astralvision] 20/11/2020 11:14

Just to add was massively encouraged that someone was prepared to invest £42k via JPJ the other day.And also worth remembering what Sherl0ck said'Astral - JPJ indicative price is determined by buy limit orders, regardless of whether they're likely to be filled or not.'So presumably some had a buy limit order in for 1p, we don't know what size they want.

[astralvision] 20/11/2020 11:09

Re JPJJust a few thoughts.I can't see there's going to be too many takers to buy.You're locking yourself in and tying up cash, if it don't work out you've lost the lot.Now who is going to want to buy into a cash strapped tiddler with an EV over £50m, with one deal under its belt, albeit that's a lot lot better than a week or so ago?Imo, the only folk who are going to want to buy in are ITK investors. Those that know what might, hopefully, be coming down the line? How many of those are there about?Not many, least going by this thread! And probably those ITK investors are full to the gunnels with the things, inc friends and family. So the potential pool of investors is small. Also, if you do do a deal on JPJ it stands out like a sore thumb. If any of the ITK investors are insiders or under restrictions then it ain't too hard to investigate. Probably a small risk, but a risk all the same.The potential pool may well increase if more news is released. But, as it stands, I think it's unlikely we will see many more buys. imo.

[deadly nightshade] 20/11/2020 11:03

Fair enough reason QPR, must admit if JP got to 2p - 2.5p I would definitely have my fingers hovering over the sell button tempted,just depends on what people have paid in first place. Hopefully some positive news will drop before hand and result in us getting a good return before any temptation to sell on JP. Results due and AGM so goona keep positive

[astralvision] 20/11/2020 11:01

Sorry, can't do, it's all tied up in srsp shares!?

[bestdeal1] 20/11/2020 10:56

Like your attitude astral, fancy lending be a couple of hundred grand. I have an ambition to pay it back later

[qprallan] 20/11/2020 10:54

I am looking to get them sold. Been here too long and getting too old to keep waiting for that can to stop rolling down the road. Willing to wait and see if I get an offer and if they relist while I wait, that will be a bonus.

[astralvision] 20/11/2020 10:41

Be stupid to commit to any time line.When you look at what's happened in the markets and esp the oil sector. Then you look at company specifics, there's a lot of moving objects.I would have been shocked if they had have committed to a time line for re list.Ambition to relist in 2021 sounds as good as what anyone can sensibly say. imo

[bestdeal1] 20/11/2020 10:33

at 2.5 I might be tempted

[xerot] 20/11/2020 10:27

I'd pay 1p that's a bargain on what's obviously going on

[bestdeal1] 20/11/2020 10:26

I asked, they wont commit to any timeline on relist. So could be 12 months away, especially if they plan to wait for additional deals to be signed.

[riskybisky] 20/11/2020 10:16

Notwithstanding the eternal optimism on here, I don't think anybody is prepared to pay 1p.
As per usual.
We wait.
We are now waiting to see this air craft carrier.
Hopefully a solid deal, signed and actually funded.

[deadly nightshade] 20/11/2020 10:14

QPR you are going for the bird in the hand approach trying to sell at 1p??, might end up a smart move we just don't know here it says 2021 relist but that could end up 12 months time if it happens

[bestdeal1] 20/11/2020 10:05

QPR, couldn't you instruct JPJ to sell in batches as and when buyers appear?

[aventador] 20/11/2020 09:36

Why sell them for 1p when this relists we should be far higher if they relist with one or multiple deals.Most paid multiples of 1p in the first place.

[solarno lopez] 20/11/2020 09:28

In that case sell in portions and don't spook the market.

[qprallan] 20/11/2020 08:52

bestdeal1 - There are people willing to sell. I have mine on there and if someone offered to buy them at 1p I would accept. I think the problem is the amount people want to sell and finding a buyer to pay that amount as its matched trades that they seem to want.