Sirius Petroleum Share Discussion Threads

[solarno lopez] 13/1/2021 15:15

Or they are new articles for a the same company

[riskybisky] 13/1/2021 15:12

13 Jan 2021 Memorandum and Articles of Association
This document is being processed and will be available in 5 days.


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Memorandum and articles of association explained

Both a memorandum of association and the articles of association are required for a company formed in the UK under the Companies Act 2006 and previous Companies Acts. The memorandum of association is the document that sets up the company and the articles of association set out how the company is run, governed and owned. The articles of association includes the responsibilities and powers of the directors and the means by which the members exert control over the board of directors.

[vatnabrekk] 13/1/2021 14:22

Certainly looks as if something is happening with SRSP.
Watch this space!

[oliversanvil] 13/1/2021 13:27

Rain on the parade-------A Nigerian militant group has issued a warning to operations in the Niger Delta, including pipelines and vessels.

[futureisbright] 13/1/2021 12:52

Thank you for sharing Cornish. Also grateful to the positivity of all. It helps

[deadly nightshade] 13/1/2021 11:48

Excellent news guys, fully behind the bod now be great to see this relisted

[astralvision] 13/1/2021 11:42

All sounds very encouraging then for a relist in Q1.Would be pretty amazing after events of the last few years.

[1alfi] 13/1/2021 11:13

1,050,000 matched trade on jpj @ 1p

[htrocka2] 13/1/2021 11:03

Jenkins on the move again.

[stu1210] 13/1/2021 10:57

The shares in my Jarvis XO account have a value again...anyone else?

[dr rosso] 13/1/2021 10:41

I wonder what NewCo is going to be called?

[solarno lopez] 13/1/2021 10:20

Spot on HTrocka2

[htrocka2] 13/1/2021 10:19

Nice one CornishT...My interpretation of that info is that they're pushing ahead with the relist.

[cornishtrader1000] 13/1/2021 10:11

New documents on companies house.

[oliversanvil] 13/1/2021 08:23

You are not up to speed --and in denial. I'm standing nowhere near a river in Egypt.

[only1gibbo] 12/1/2021 22:40

Strange chap? Clearly an absolute tw*t, in my opinion. Now filtered.

[xerot] 12/1/2021 17:45

Oliver you are a very strange chap I suggest you seek help for your many and varied perversions.

[solarno lopez] 12/1/2021 17:42

From the State Farm I would guess

[oliversanvil] 12/1/2021 17:05

BUG ONE OUT OF THE WOOD WORK---KILL!

[bsg] 12/1/2021 15:50

Look, a flying pig!

[vatnabrekk] 12/1/2021 15:50

HT, perhaps this is the $20M loan facility that you were referring to? (Annual Accounts for 2018, page 6):

"On 28 January 2019 the Company announced that it had entered into a binding agreement for a debt facility of up to US$20 million with a credit fund focused on Africa, to contribute to the funding of the first phase (Ororo-2 and Ororo-3 wells) of the Ororo field development.
The US$20 million debt facility is in place and can be drawn down in specified tranches following first production from the Ororo Field."

Note that this cannot be drawn on until after "first oil" from Ororo.

[vatnabrekk] 12/1/2021 15:48

Hear hear, Ed!

[edgein] 12/1/2021 15:46

Thank the good lord above that the Ororo fiasco wasn't on the back of bank loans but rather funded through equity. SRSP wouldn't still be around if it were. It was a stroke of luck to get Barak and AFC supporting SRSP when they did. They are the only hope of getting these deals over the line and they are potentially company making for SRSP. I just hope that Bobo and co can get these closed. I would imagine it would be also very welcome to have the likes of Barak or AFC on the books as a significant shareholder after the refinancing (if the deals complete and the RTO goes through). They do deserve it after keeping the show on the road for this long. Would be great to see either or both of these companies taking part in the refinancing/open offer for a potential future producing SRSP.

Regards,
Ed.