Sirius Petroleum Share Discussion Threads

[vatnabrekk] 04/11/2024 21:01

Presumably the $20M loan was used pay the deposit of $18M for the Angola transaction?

[htrocka2] 04/11/2024 20:21

What happens if the Angola deal fails to go through and Pertopolymer want their money back, plus interest.....of which the majority has already ended in directors bank accounts?....The Tende Angola shares will obviously be worthless and impossible to off-load. Will have yet another dragged out court case?

[aventador] 04/11/2024 17:53

Spam Xmas all round for us minions and probably the next 5 if they're still pulling this racket.

[ace1976] 04/11/2024 14:44

Hard to remember back that far as not far off 2 decades Doc

[dr rosso] 04/11/2024 14:30

16th actually. Christmas is prob enjoyable when you are pocketing near on $1m every year. Maybe the 2023 results are being held back in embarrassment ahead of publicising yet another fistful of dollars trousered with, as usual, zero return for shareholders.

[riskybisky] 04/11/2024 14:00

😂😂😂😂 sale by 🎁🎄

[ace1976] 04/11/2024 12:22

Probably take forever to get the money in your account with this lot

[solarno lopez] 04/11/2024 12:06

Good question

[aventador] 04/11/2024 11:59

Are people still expecting a sale to be announced by Xmas lol

[htrocka2] 04/11/2024 10:12

ref..rugbybloke.


'Tende already stated ETU were heading up negotiations in Angola'







ETU have an agenda of their own and cannot be trusted...The question is...is all 'lovey-dovey' and still on track with our j/v partner?....without worrying about Trafigura, Petropolymer, Sonangol and who ever else is involved with the j/v.

If memory serves me correctly, someone stated on this thread that Tende had 90% of this deal....Tende allowing ETU to front the deal....sounds suspicious already....If this is the case then I wouldn't put it pass ETU to try and get this j/v percentage reduced....which all parties would have to accept and could be adding to the delay.

[bronislav] 03/11/2024 21:16

Definately out of their hands in my view Hough and mcmurtie getting it over the line.12 months to get it sorted from october 23 hence no need to update the market/shareholders.All just my opinion but i cannot see any other explanation for what the last 12 months have been about.

[vatnabrekk] 03/11/2024 21:03

In that case Bron, Tende may have been right when they said that the delay in Angola was out of their hands. Maybe that wan't a lie?

[bronislav] 03/11/2024 20:49

Ive been of the opinion for years that the brief for Sirius petroleum was simply to aquire the funding.Bobo .Neale and Lyons .The dream team at Berkeley square gentlemans club putting together loans from individuals.Lyons was there because he knows what he is talking about in terms of oil and gas and Neale well respected for his expertise in securitised loans and bonds heading up Michael spencers company.Bobo the face of Sirius who would follow instructions and do aa he was told for a significant wage packet.I suspect we will never know who was the brains behind it all.Just a date and a price is all we need to know..Nearly there??

[vatnabrekk] 03/11/2024 20:13

Thank you rugbybloke. Trouble is, many people don't believe a word that Tende says or writes.

[rugbybloke] 03/11/2024 20:08

Tende already stated ETU were heading up negotiations in Angola

[riskybisky] 03/11/2024 20:07

Even if they come back at 10p IT WILL NEVER BUY BACK THE YEARS OR MAKE UP FOR THE UTTER DISREGARD FOR THOSE VERY PEOPLE THAT FUNDED THIS through thick and thin earlier.

[vatnabrekk] 03/11/2024 19:40

Does anyone really believe that Tende was heading up the negotiations in Angola? No way. ETU have a much closer relationship with Sonangol and they are a much bigger organisation, and they are a proper oil company. So would it be unreasonable to assume that ETU is the lead negotiator on behalf of the consortium? And that Tende’s role is to find the funding?

[vatnabrekk] 03/11/2024 19:20

I agree risky!

[deadly nightshade] 03/11/2024 19:20

Does anyone remember that episode of Alf Garnett in sickness and in health when he came into all that money and he sat around a table that is filled with every bit of tasty food you can think of gauging himself on a massive feast of different meat and roast potatoes and bottles of champagne. Hopefully it would be nice to think that will be us this Xmas. We can dream 😂🤞

[htrocka2] 03/11/2024 18:47

Why was it so important that Tende to make the Angola deal via a J/V with ETU....while AET completed their deal on their own?

from AET...
Block 3/05A PSA, Angola: Afentra Angola Ltd 21.33%, Sonangol (Operator) 33.33%, M&P 26.68%, Etu Energias 13.33% and NIS-Naftagas 5.33%.

[bronislav] 03/11/2024 18:43

With the lack of an extension to the AR is it possible we are close to a significant announcement.

[ace1976] 03/11/2024 14:37

I agree with what you were implying