Sirius Petroleum Share Discussion Threads

[htrocka2] 30/10/2024 13:43

If I've read this right...she's kept the 100% tax relief on AIM investment... for another couple of years....this should bode well for us.

'Abby Glennie, manager of the abrdn UK Smaller Companies fund, said the UK government “did not quite throw in the hand grenade… that many expected”, with the AIM market having ticked up immediately after the announcement from Chancellor Rachel Reeves.
Dr Clifford Gross, CEO of Tekcapital, went as far as to say that today’s Budget “provided certainty for London’s junior market”.

[aventador] 30/10/2024 13:25

CGT up not that we will ever get to even see it at this rate!!

[ace1976] 30/10/2024 13:08

18% and 24% cgt

[htrocka2] 30/10/2024 11:36

O/T

I had to ring my broker up a couple of days ago...it took me nearly twenty minutes to get through. I asked why it took so long to which he replied....'it's manic....it's a continuous 'sell','sell','sell' and was struggling to keep up with the orders.

[ace1976] 30/10/2024 10:53

Hough mcurtie cook are not getting things done quickly as some suggested

[htrocka2] 30/10/2024 10:47

They're probably waiting for the budget outcome....If Trafigura decide to withhold further funding due to the chancellors remit...then they may have to re-arange the 'funding forecast'...along with other measures...Let's see what the Chancellor comes up with in a couple of hours time. It's difficult to see Trafigura pumping money into the AIM when everyone else is pulling money out.



“Over and above that, people are worried about committing money to the UK ahead of the Budget. They’re no longer sure what they’re dealing with.

[ace1976] 30/10/2024 10:45

We have had fireworks big announcement in Africa AR where everything will be revealed,Doc where are you HT getting the info from

[dr rosso] 30/10/2024 10:38

"Next accounts made up to 31 December 2023 due by 30 October 2024"


Looks like yet another fail to be added to the long list. Maybe they intend to, expect to, hope to, anticipate, look forward to, etc etc, release the AR by end Q4.
As for relist, dream on.


Next agm should be fun. BoD strutting on stage dressed in clown suits waving their wads in the air. "One day Rodders". I wonder what the clappies are going to make of that?

[ace1976] 30/10/2024 10:24

So where is the AR seems to be sone on here who give dates and they never happen are these people mates of the board and Just giving dates that are rubbish

[bronislav] 30/10/2024 06:22

Bestdeal..I share your frustrations .16 years ive been invested here.Large holders and recent new employees give me hope that we are still on course for a ROI.The reality is that small shareholders have no rights even though the market rules say we have.The power and wealth dictates not only in business but in almost every aspect of society.There is absolutely nothing we can do other than wait for the pleasure of a ROI or the disappointment of finding out we have been screwed by the power and the wealthy.A sad reality bestdeal but thats the reality. The only platform to put our board under pressure is the Agm.Demanding answers and not letting them off the hook.I dont attend AGM s and its the cost of going to london that restricts me .i should go and ask questions..where are the wellheads would be something i would like to hear the answer to..

[rpat2] 29/10/2024 21:06

What do you suggest best deal?

[bestdeal1] 29/10/2024 20:55

It must be clear to everyone now that these wallas are filling there boots with no concern whatsoever about retail shareholders. We may not be able to wield a majority shareholding but surely there are enough of us Collectively cause them some degree of discomfort and maybe get them to get a shift on to return some value? Or not!

[oliversanvil] 29/10/2024 16:27

"Let's see what the Chancellor has up her skirt on Wednesday." Nothing but trouble!

[vatnabrekk] 29/10/2024 13:42

Oil is at $68 just now!

[htrocka2] 29/10/2024 12:52

We should have been re-listed by now, losing $8 a barrel by 2026...is a lot of profit down the plug hole....and then there's the budget.


'...the global supply of oil will exceed demand by an average of 1.2m barrels per day (bpd), pushing down prices from an average of $80 a barrel for Brent crude this year to $73 a barrel in 2025 and $72 in 2026.'.

[aventador] 29/10/2024 12:18

Been a going concern since day Dot ! Where's Sherlock gone? Where's the relist when we seeing turkey dinners return not turkey twizzlers? After budget any profit be gone anyway just give us a few morsels back at least bobo the grinch!

[htrocka2] 28/10/2024 11:11

last AR...

Going Concern.

The Directors have prepared a cash flow forecast for period up to Dec 2024.


(Where's the next lot of cash coming from....ie, earnings or loans?)


With the un-ending, continually promised missed relist dates, the days of raising cash via new share issues may be at an end. New potential investors will undoubtedly be wary.....in short...failing the promises to relist may mean the bod have probably shot themselves in the foot by closing one avenue of raising cash.(....unless of course, you're part of a group building a stake as an asset stripping 'predator'....The oncoming increase in Capital Gains Tax makes Tende, with their, $100m 'Retained Profits' ie, 'loss', a valuable asset to an entity with deep pockets and a heavy tax liability)


It seems that others think so too.

[dr rosso] 28/10/2024 10:43

AR2020 "2020 has been a busy year for the Company and we are pleased to have made excellent progress in the development of the portfolio, providing a solid basis for the planned re-Admission of our shares to trading on the AIM in 2021."

AR2021 "progress in the development of the portfolio provides a solid basis for the planned re-Admission of the Company’s shares to trading on London’s AIM in the forthcoming year."

AR2022 " progress in the development of the portfolio provides a solid basis for the planned re-Admission of the Company’s shares to trading
on London’s AIM in the forthcoming year."

AR2023 "

[htrocka2] 28/10/2024 09:23

Let's see what the Chancellor has up her sleeve on Wednesday.

[dr rosso] 28/10/2024 06:44

where is he?