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SRSP Sirius Petroleum Plc

0.40
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Petroleum Plc LSE:SRSP London Ordinary Share GB00B03VVN93 ORD 0.25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.40 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.40 GBX

Sirius Petroleum (SRSP) Latest News

Real-Time news about Sirius Petroleum Plc (London Stock Exchange): 0 recent articles

Sirius Petroleum (SRSP) Discussions and Chat

Sirius Petroleum Forums and Chat

Date Time Title Posts
27/2/202413:23SIRIUS PETROLEUM - CASHED UP AND READY TO ROLL133,415
23/5/202310:15Sirius petroleum2
03/5/202307:59Serious Petroleum240
09/4/202314:16bumhammer1
01/10/202107:02The brightest star in Africa?215

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Sirius Petroleum (SRSP) Most Recent Trades

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Sirius Petroleum (SRSP) Top Chat Posts

Top Posts
Posted at 25/2/2024 13:51 by sirianbotham
But what do I know I'm just a misleading relister .... Pops up now again to put people back in the bix and suppress the share price FFS
Posted at 25/2/2024 09:12 by tradoil
Whilst their overinflated salaries are not to be sniffed at . They have far more to gain with shares and options . If as many believe they are driven by greed then one has to hope their sheer incompetence transforms into competence and finally into a listed share price or takeover .These clowns are not in it for a lifestyle trade ...in my opinion .
Posted at 24/2/2024 11:22 by cacophony1
Serious .share price up 5× since delisting.
Try selling them.The share price may as well be up a hundred times.
Posted at 26/1/2024 11:51 by dr rosso
HT

$543k was gifted as a bonus simply for executing the loan in Jan 2022. $300k to Kuti meant that he helped himself to over half a million dollars in that year. $10m was drawn down in Nov 2022, for which a monster $834k was charged by the lender. That $834k, at 20% interst, is racking up further costs of $77k p.a. Anyone taking their fees in shares benefits hugely by the share price being suppressed at an artificial price of 2p.

Dishing out warrants at 2p and 1.5p in respect of the additional mezzanine loans has resulted in the warrants total shooting uo by 370m to 551m. Never-ending dilution puts us currently at 5.25bn, with another 1.03bn shares/warrants in waiting.

For a 10p return, the Co. needs to have a valuation of £625m.


The items below indicate that we are partnered with Etu-Energias within a consortium eg page 2 of this ...


and

"We have developed a very strong working partnership with Somoil in Angola and look forward to working together as we progress to the completion of this acquisition and to building a significant presence together in Angola.”

The nothing-much-doing lies have already been exposed by facts revealing plenty going on behind the scenes. With the exact funding requirements now known, we await revelation of not only 18/31 but further ongoing accumulation of assets in Angola and their growth potential. Re Nigeria, COPDC website shows high-calibre teams in place for OML 65 developments, with an extra $661m at their disposal.

In the meantime, Tende BoD keeps the wraps on anything of significance.
Posted at 28/12/2023 21:03 by htrocka2
''....2.2p when I’m 60 in 13 yrs time'

If they survive that long, at $8m p/a overheads, they would have shelled out over $100m.....that money has got to come from somewhere or someone?, What price the share price then?

ps...another 13 AGM's....that's a frightening thought.
Posted at 09/12/2023 13:09 by vito corleone the 2nd
Questions for the AGM and to those attending

Q1 With Afentra’s performance in the last two years, their ability to complete deal after deal, their continuous share price surge, keeping shareholders listed as often as possible and fantastic communications, would you say they outperformed Tende and put our track record to shame?

Q2 At the last AGM we were told Angola would complete in April and finance offers are on the table with no reason we won’t be listed in June. We also got told Afentra are months behind tende and have a very long winded deal with complications. What happened?

Q3 Bobo stated 2023 is a significant year for growth. 2023 was finally our year. The share price remains the same at 2p, with no trading since august and we’ve had two updates with significant dilution. What happened?

Q4 When will shareholders see a return on their investment & rewards for their time, money and stress in supporting a company that year after year over promises and under delivers?

Q5 Do the bod believe they act in the best interests of minority shareholders?
Posted at 08/12/2023 19:33 by dr rosso
Not sure who Graham was but his passing in mid-Dec 2015 coincided with the near-passing of SRSP. The Ophir deal, at an expected 10p, fell through and the share price collapsed to 0.4p. Cue the arrival of Neal and Hawkins, switching the reg address to 42 Berkeley Sq, and re-inventing the business model with bond-funded backing. Bobo, the Investment Consultant, thinking beyond Ororo with the intention of seeking much larger block assets coming up for grabs.

8 years on, and the number sitting on shares or warrants at 2p has swelled considerably. Full circle, with 10p, a realistic figure based on AET's kbopd valuation, back again on the menu.

Repeat collapse? Not this time because, as Bron points out, the docs were signed off in Luanda towards the end of Oct. Hence the anticipation of breaking news in Nov. What they did instead, on November's Beaver Moon funnily enough, was set up the 12 Dec agm. The date has no obvious rationale behind it, until one looks across to see events pertaining to Afentra, notably the announcement of Govt Approval for Block 03/05, the bringing forward of its rto Admission Date to early Dec, and today's Sonangol news release. 2 business days later, the Tende Meeting. Timed to perfection.

Operational update on 65 and ATOG looks like the entrée sweetener preceding the much bigger news item held back an extra couple of days for our hero to take the acclaim. We may even get the AD, the "preparation" for an albeit unlikely listing.
Posted at 08/12/2023 14:58 by astralvision
That man's done it again, from 6.3p to 'just 11p'Dr R, I salute you, can only hope srsp shares have as steep a trajectory as your share price thoughts over the last two days:3p ->4p ->6.3p -> 'just' 11pCan feel that good old warm comforting 20p coming into view.20p by AGM? Or later this afternoon?We await......Dr R'if the share price hits just 11p.'You been talking to SherlOck?....
Posted at 07/12/2023 19:17 by dr rosso
Bronislav - 07 Dec 2023 - 12:07:24 - 131579 of 131613 SIRIUS PETROLEUM - CASHED UP AND READY TO ROLL - SRSP
Forget whats been announced so far Drosso its the bare minimum.There is little doubt that something huge has been put together and the relaxed sentiment from a few posters reflects that.Afentra days away from the stamping of its assets and a mooted response from the market suggests to me afentra is being kept under control share price wise.Is there more to tende and Afentra than just being in the same jurisdiction ie Angola Once it plays out as some suggest and are extremely confident it will the pieces will fit the picture on the front of the box.


Bron.
Afentra ppl have been tipped off, enabling them to put out a new Schedule on Monday to switch the expected Admission Date (of the Enlarged Group) from mid-Dec to early-Dec. Let's assume mid-Dec to mean a period 3-4 days either side of the month's midpoint, so say 12th-19th. This suggests to me that the Sonangol news announcement, with rto, will be made on Monday 11 Dec.
In the event of such transformational news breaking, is it an almighty coincidence that Tende's agm has been set for Tuesday 12 Dec? No obvious reason for this early date to have been chosen.
I have long thought that ANPG would be announcing Block 03 (AET) and Blocks 18/31 (TNDE) at the same time. Both Companies look atm to have their share price well below what a true NAV represents, with big D buys going through on AET at a subdued 30p and TNDE confetti distributed at 2p or below.
Early next week could turn out to be most interesting.
Posted at 07/12/2023 13:08 by dr rosso
Found the JPJ tree image but still no sign of TNDE or SRSP.



O/T Little interest in Afentra. A few trades going through but share price still stuck around 30p. strange, considering that the Co. has just put out an update saying they expect Sonangol 14% of 03/05 full completion in early Dec, followed quickly by Azule divests (12% of 03/05 + 12% of 03/05A) later in the month. Looks transformational to me and a near-instant 30% gain on an instant rerate to 40p or more. No dilution. Yet nobody seems bothered, with the exception of Ds topping up at 30p. I have just joined them.


As Sherl0ck said, it's understandable that Tende don't want to jeopardise deals in progress eg Block 14, Dunraven, OML X, but a total cover up of certain done actions on operational and commercial aspects is unacceptable.
Sirius Petroleum share price data is direct from the London Stock Exchange

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