Sirius Petroleum Share Discussion Threads

[htrocka2] 21/10/2024 08:59

Bron....Harbour Energy puts this company to shame....totally out of our class.

I still missed the Louise connection...could you please post the source..cheers.


Harbour Energy
Louise Hough
Independent Non-Executive Director
Appointed 1 May 2023

External appointments with public companies
None



(ps...Louise own no shares in Harbour Energy(page 98)...therefore suspect she owns no shares in Tende either.).....question...are you required to be shareholder to attend AGM's?

[ace1976] 21/10/2024 08:37

Is the 30 th going to be the first bit of good news in 16 yrs or just be more fake news with dissapointment which always happens

[bronislav] 21/10/2024 03:01

Htrocka.louise Hough is a consultant at Tende energy.Its in Harbour energys latest results.As such i would think you and I are more likely to make a mistake investing in Tende than she would be .I agree there is no evidence to suggest she is a shareholder.As for investing in Tende being a mistake that judgement is dependant on whether we get a return on our investment.

[bronislav] 20/10/2024 21:12

A win win then if she is there for a more important reason as you now suggest Vat

[vatnabrekk] 20/10/2024 21:07

It really wasn't a serious suggestion Bron! I'm sure she was there for a more important reason. But of course she may be a personal shareholder as well for all I know.

[p mac] 20/10/2024 18:31

SRSP Cashed Up and Ready to Roll 2009....

[aventador] 20/10/2024 16:54

Waffle plus waffle = more waffle

[vatnabrekk] 20/10/2024 14:48

LH probably only came along to the AGM to find out when her Tende shares were going to be re-listed on the AIM!

[bronislav] 20/10/2024 12:57

Not forgetting ex Aramco Louise Hough.

[dr rosso] 20/10/2024 12:41

2010 and deals a-plenty. Agreements supposedly in place with Del Sigma, Frontier Oil & Gas, RT5 Petroleum, SAHT, Bolad Oil, Dajo Oil, Uncletomcobbly Oil, etc.

All of which fell into the Sirius dustbowl, never to be seen again.


As for the funding, $50m here, $80m there, $100m... stuff of the fantasist, nothing ever materialised. BoD exposed as a bunch of clowns seriously out of their depth.



Our hopes would appear to rest with McMurtrie because this bloke has a record of making things happen in his stints as Head of Finance.
Ophir Indonesia, Ophir Mexico, Cornerstone Group. Doesn`t hang around long. Deals get done and he moves on, as if he was brought in for a specific purpose each time.

Chief Financial Officer Cornerstone Resources Group · Full-time Mar 2022 - May 2024

20 October 2022 Abbey and Baker farm out Completion
Cornerstone, a gas development company focused on creating substantial growth from low-carbon
production, is delighted to have completed the farm out of 85% of its Abbey development and also
70% of the nearby Baker low risk exploration prospect to Petrogas North Sea Ltd who has assumed
Operatorship of both projects. Cornerstone will receive consideration upfront and at Final Investment
Decision, and after the respective Final Investment Decisions, will be fully carried through the Abbey
development and Baker exploration well, without any cap on costs. After certain milestones, post first
gas, Cornerstone also has the right to increase its share in Abbey to 30%.
Peter Young, CEO "This is truly a win win deal for both parties and we are all excited about developing this partnership further."



So yes, McM has been brought in imo to farm out Cosmos and jointly develop the field. Watch too for extra funding coming in from our Investment Fund backers with their prominent figures. What say Cosmos and 18/31 Angola both ready tba in time for end-Oct AR?

[htrocka2] 20/10/2024 08:52

Counting chickens before the eggs have hatched is a dangerous game with this lot..




Sirius Petroleum had signed upto at least five j/v's with the issue of three quarters of a billion shares,(some at 6p I might add) that all collapsed, prior to the above deal.

[dr rosso] 20/10/2024 07:41

We know that polymers are being rolled out of Dangote's petrochemical plant.
We know that NNPC/Copdc/Tende has a contract with Dangote for supply of refined product.
We know that Tende is associated with DP World + Petropolymer International.
We know that Tende Energy Dubai has been set up for commodity trading.

Could it possibly be that 1+1+1+1 = 4?

[htrocka2] 19/10/2024 23:05

'What does the process of due diligence involve?

What Is Due Diligence?

Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party'

Having lost close to $100m over the last 16 years ...with current annual losses clocking up -$6m p/a....and you wonder why Angola deal has not been confirmed. No one's in a mad rush to join this lot. They have'nt made a single penny profit in 16 years...All hot air.

You might argue that it's Trafigura's money...well that means that Tende have little or no say in these deals. If the Angola deal is a 'non-involvement', 'paper' deal, then what the hell does Trafigura need Tende for?

[dr rosso] 19/10/2024 21:51

12 months of dd following the event of October 2023. Going to be interesting to see if they are able to let the news out before end-Oct 2024. No sign yet of this already-delayed (3 months, then 1 month) AR date being extended further by our bunch of can-kickers. I wonder what they paid themselves last year for no RoR?

[oliversanvil] 19/10/2024 17:42

Smoke and mirrors PLC!

[ace1976] 19/10/2024 14:59

And more rubbish from peoples sources on here no doubt,what’s the next fake date going to be

[rpat2] 19/10/2024 14:49

Another year gone ! Ohh wait let's see what 2025 brings ! Salaries I'm sure for the bod

[vatnabrekk] 19/10/2024 10:51

Very true Bron!

[bronislav] 19/10/2024 10:09

Sirius were part of a consortium in the bid for 119..No evidence to say we arent part of the nnpcl consortium but equally no evidence to say we are ..

[vatnabrekk] 19/10/2024 08:27

That's a shame. I was kinda hoping that the COPDC-TENDE consortium might be able to tag that on to their other conquests!