Sirius Petroleum Share Discussion Threads

[deadly nightshade] 05/1/2021 12:31

Good to see you back on here posting Quid hopefully your arrival will be the start of forth coming good fortune here

[bronislav] 05/1/2021 12:14

Quid for cash.
Probably more useless than useful but as long as we get to the promised land it's all in the mix.

[quid for cash] 05/1/2021 11:52

I meant Useful bronislav

[futureisbright] 05/1/2021 11:31

1sonic are you referring too SRSP companies House ?

[htrocka2] 05/1/2021 11:18

ref Bron...


Term Sheet definition..
'The term sheet is an important document. It is used to outline the terms of a potential loan prior to fully underwriting the deal and issuing a commitment letter'

There's a lot of 'horse trading' to be completed before they get access to the $100m....which will undoubtedly involve (or has involved) a share issue.

[oliversanvil] 05/1/2021 10:53

SRSP Like a well oiled machine.

[bronislav] 05/1/2021 09:56

HT.if we are dependant on a what is relatively a small amount relative to term sheets of 100 million at this stage of the game after over 11 years then then we are not in as good a position as the cruise ship analogy would have us believe.I still maintain placings can be more weighted towards who gets the shares and at what price as opposed to the desperate need for funds.I suppose it's up to individual shareholders to decide which option they believe it is.Would it be that difficult for the company to email shareholders on why they needed the cash.Personally I think it's the least they could do.we have been starved of newsflow for the last 18 months except for the recent updates on Atog and the results and as usual those assets mentioned have much ambiguity attached.

[htrocka2] 05/1/2021 09:47

Bron
'Question for sherlock .
What did we need the money for?'

I'm not Sher10ck..but I'll have a go at answering your question.

How else to do you expect srsp to gain an entry point into ATOG?

[deadly nightshade] 05/1/2021 09:05

It's got to be a big positive that somebody has stumped up the placing money here, and the other conversion even more so when you think this share is illiquid to trade at the moment, so it's not as if it's a quick flip by someone to make a few quid aim style.We have got to be very hopeful now that this is at some point coming back to full aim listing plus hopefully at a lot higher price

[bronislav] 05/1/2021 08:56

Question for sherlock .
What did we need the money for?

[deadly nightshade] 05/1/2021 08:50

I'm of the other view any bits of snippets of foresight by sherl0ck and antenna must surely be greatly appreciated when we are all desperate to hear news here.

[futureisbright] 04/1/2021 22:33

One being Paul K

[1sonic] 04/1/2021 22:04

Bronislav I know you going on about Killik but can you PM me with what you know about your above statement.

[bronislav] 04/1/2021 22:01

OT ..HT.I wonder who they are investing for.

[htrocka2] 04/1/2021 21:59

O/T

Yes Bron...by 50%

[bronislav] 04/1/2021 21:32

Offtopic.or maybe not.I see killik increased its stake in infastrata today.

[vito corleone the 2nd] 04/1/2021 21:26

Antenna and Sherl0ck,

Do you speak to Chris N on the Ouija board?

Somehow you are getting info or were you both on the placing/loan? If so you should stay off this chat forum.

Smugness isn’t my favourite trait.

[twentysixpointtwo] 04/1/2021 21:23

The Chuckle Brothers

[antenna2] 04/1/2021 20:50

Mike..... Spot on!! The money was needed.
All the best.

[sherl0ck] 04/1/2021 20:38

New shares definitely were about raising necessary money.

[deadly nightshade] 04/1/2021 19:37

thanks for correction 5cer spelling was never my strong point lol

[dr rosso] 04/1/2021 19:29

Term sheets in place for $100m loan facility and $20m debt facility