Sirius Petroleum Share Discussion Threads

[oliversanvil] 22/7/2024 16:59

hxxps://x.com/MidnightMitch/status/1815136459671626121

[aventador] 22/7/2024 14:55

Always 12 months away fml

[htrocka2] 22/7/2024 12:45

O/T


This is what happens when the 'gravy train' comes to a halt....Yes , the funders will back them further taking greater control of the Company, but the existing management have got to go.

Question is....will the same happen here?

[dr rosso] 22/7/2024 12:44

$200 grand every year for turning supposedly transformative deals into vanishing dust, with no explanation ever given. I suspect it comes down to the same thing, be it the ready-to-go Adriatic rig for Ororo, Ejulebe 109, Moni Pulo 114 and more, quite simply and embarrassingly despite all the self-praise the money isn`t on the table.

Hence, deals off. Regardless PASS GO, COLLECT $200k and start on the next round. Fob off the minions with some trumped-up, out-of-our-hands, we-know-nothing garbage, repeating promises year after year at the Mad Hatter`s Tea Party. The cycle continues, never-ending.

[vatnabrekk] 22/7/2024 12:10

Yes HT and it also has shades of Ejulebe (109) and Moni Pulo OML114.

[dr rosso] 22/7/2024 10:52

Tende Energy UK Ltd bites the dust. Whatever it was, it floated around dormant in la-la land for two years.

[htrocka2] 22/7/2024 10:46

from the AR
'The Proposed Acquisition is conditional upon satisfactory due diligence (“DD”) being completed, the payment of the net consideration and the receipt of Ministerial approval. The economic effective date of the Transaction was April 2022'

with..
'The additional $35m consideration is payable six months post the Completion Date and the Company is confident that this can be funded from operating cashflows.'

It's been well over 2 years now and no mention of the outcome of the extra $35m payment...I can only conclude that the 'Completion Date' has not, as yet been reached. There must, eventually, be a 'cut-off' date when the deal is finally deemed an impasse and terminated. This has shades of Ororo....ie.going on for years an ended up no where.

[dr rosso] 22/7/2024 10:43

Sherl0ck and Sidekick Bob (Antenna2) long gone, unable to face the humiliation on realising that this BoD aren`t the paragons of virtue that came with their hype. Matters not whether you are on the inside, and that includes Omega, everyone gets shat on in cowboy land where, in two simult released ATOG/Anglo docs, first oil from Cosmos is within 12 months or 18 months from fid depending on which one you believe. If any.

[punxsutawneyphil] 22/7/2024 09:18

Nothing today. Let us see what tomorrow brings ...

[aventador] 22/7/2024 07:59

Give us an update bod wtf is going on!

[bronislav] 21/7/2024 20:55

Let us see if hilary clinton is rolled out again.

[punxsutawneyphil] 21/7/2024 20:51

Let us see what tomorrow brings ...


Scoop we have a leak, a up date what da Boyz been working on last few months .......

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[vatnabrekk] 21/7/2024 20:06

I absolutely agree Shez! I'm just trying to interpret what is meant by Mark Henderson's role of CEO North African Operations, and can only think that they have something in mind outside of Tunisia, but I'm certainly not proposing it!

I'm also very much aware that we were de-listed pending the RTO relating to Ejulebe OML109 deal, which vanished a long time ago, and we were told that if the transaction didn't materialise then the company would be re-listed. And here we all are, still waiting!! So my opinion is that if Angola is dead (which it may or may not be) then they should re-list with whatever we've got now and not go on another wild goose chase.

The next thing I'm expecting them to say now is that we'll re-list once Cosmos is in the bag!

[vatnabrekk] 21/7/2024 19:25

A further thought: If it was intended that MH is to be responsible for Tunisia only, then I imagine they would have said "Tunisian operations" but instead they said "the Company’s North African operations." So presumably they have in mind some other operations in North Africa in the future other than in Tunisia, but I have no idea where that might be.

[tradoil] 21/7/2024 19:04

At least be wrote to his shareholders ....

[htrocka2] 21/7/2024 19:03

President Biden has stepped down....admitting that he's too old to be in charge....that rings a bell?

[riskybisky] 21/7/2024 19:01

Yeah but the issue here is that it's not a formally / legally defined role.

Looks like just another sketchy change

[vatnabrekk] 21/7/2024 18:16

Well Doc, as I've suggested previously, I imagine it refers to any business or company that Tende currently has in North Africa, and/or any business or company in North Africa that they may have in the future. Clearly that has not been specifically stated, but I'm just applying a bit of logic to what's been reported, which is all we can do given the scant information that our BoD gives us.

The absence of "Ltd" after the name "Tende Energy North Africa" suggests that there is not a specific company with that name, but could perhaps refer to a collection of companies in North Africa now or in the future, as subsidiaries of Tende Energy plc. In which case MH will be CEO of that sub-group of companies within Tende Energy plc.

I also note that the email from ir@tende stated that MH "has decided to step down from the Board to focus on the Company’s North African operations." The term "North African operations" would seem to fit with my interpretation of what his new role is.

[dr rosso] 21/7/2024 17:25

Ah, Mr Vatna seems clued up. Go on then, tell us what Tende Energy North Africa is, because nobody else has got a scooby. I`m all ears, so let`s hear it ....

[dr rosso] 21/7/2024 17:23

Have no fear Johnny Bick is still with us, looking after our money. Let`s hope he does a better job than at Gable Insurance where sixteen million quid went missing. Found his CV

Johnny is unique among Wonderland creatures. Threatened by no one, he maintains a cool, grinning outsider status. JB has insight into the workings of Wonderland as a whole. Wonderland is ruled by nonsense, and as a result, Bob`s normal behaviour becomes inconsistent with its operating principles.

Although JB understands the madness of Wonderland in ways that other creatures in the book do not, it doesn’t condemn that madness. Rather, it embraces its own insanity, and the insanity of those around it, seeing madness not as a negative trait but rather as a natural state of existence. Not being nonsensical or silly, but rather thinking and behaving in ways that diverge from cultural norms and expectations. Menacing, intelligent, and mischievous all at once.


Watch out for JB (aka CC) at the agm (aka Mad Hatter`s Tea Party). Sits in the corner, smiling. Prone to disappear at will, esp when an awkward Q comes up.

[vatnabrekk] 21/7/2024 17:17

Dr.Rosso, as Mark Henderson is a director of both Atog Midco Ltd. and Anglo Tunisian Oil & Gas Ltd. surely there isn't any mystery about his role as CEO Tende North Africa? It may not be a registered company, but does that matter?