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| 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
|
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.40 | 0.00 | 01:00:00 |
| 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) Share Charts1 Year Sirius Petroleum Chart |
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1 Month Sirius Petroleum Chart |
Intraday Sirius Petroleum Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 08/7/2025 | 11:50 | SIRIUS PETROLEUM - CASHED UP AND READY TO ROLL | 141,480 |
| 07/1/2025 | 09:56 | Serious Petroleum | 242 |
| 16/4/2024 | 09:35 | Sirius petroleum | 8 |
| 09/4/2023 | 15:16 | bumhammer | 1 |
| 01/10/2021 | 08:02 | The brightest star in Africa? | 215 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 04/7/2025 17:45 by brian helicopter when the SRSP share price was 0.40p. So still no news on any front. Bonuses will still be available from Tunisian revenues. A lift is planned for this month which is 9 months since the last lift.The Company executed a lifting of 75,500 barrels (net to ATOG) with Trafigura at the end of September, as part of a co-loading with Mazarene Energy, achieving a net price per barrel of $92.40. Given current production levels, we anticipate another lifting of a similar volume in Q1 2024.' Interestingly the price they received in September was almost $20 higher than Brent that month and apparently they only took a partial sale leaving approximately 55,000 barrels in inventory. Obviously Trafigura or the petrochemical boys were playing some game with respect to pricing and at that price, why would Tende not try to sell all of the oil available? Assuming an average of 450 barrels per day since then plus the oil that was left they should be planning 180,000 bbls on this next shipment- easily $10MM dollars. So who gets it? Larson or is it going to be used for the ENI transaction? Or most likely, more bonuses. Trafigura and others are making money from this group. Whilst us shareholders are waiting to recover our initial investment, revenues is being realized, encouraging more involvement and support from Trafigura or they would have written this off a long time ago. Could it be that the costs is being paid by us numpties and revenues going to another set of accounts? |
Posted at 20/6/2025 09:32 by htrocka2 Entities are still taking up shares at 2p....and the "Expenses Settled in Shares' (from the AR) amounted to £4.648m so there's a solid interest in the equity of the company...As the old saying goes...'you can fool some of the people some of the time but you can't fool all the people all the time'...ALL the above have taken up shares....and at 2p indicates that they're looking for a profit.'On 3 September 2024, 13,250,000 Ordinary shares of 0.25p were issued in respect of fees totalling £265,000. On 25 September 2024, 51,500,000 Ordinary shares of 0.25p were issued for cash raising gross proceeds of $1,377,276 (£1,030,000)'. ( ref vatnabrekk.. they have two liftings a year in Tunisia and the £22+m from the expected Angola deal suggests an immediate fore-selling of some of the accrued contingent oil....so yes...the price of oil is important.) ps....I noticed that the Afentra/Angola deal was....'contingent on the oil price'....which means Tende may also be subject to the same conditions) |
Posted at 17/6/2025 10:58 by htrocka2 I've read Dr's posts....however, a lot happened afterwards and I'm in the dark as is everyone else....They've mortgaged themselves to PetroPolymer....and now can't say 'boo to a goose'(which includes issuing further shares..without PP's permission).As far as I can make out, 'all assets and revenues are now under PP's control....until the outstanding debt has been repaid. I'm not sure if this now effects the Angola situation but undoubtedly clarity will be given in the forthcoming AR.28 October 2024 Ask yourselves.....was this (below) just 'waffle', why spend time and money producing a share option programme if they have no intention of keeping it....Surely, to exercise the options, the company would need to re-list on a 'recognisable' Exchange?...(They do acknowledge the possibility that the re-list targets may not be reached) 'If the Price for the Shares does not grow from the Base Value by at least 20% per annum over the three-year period ending 31 December 2026 then the Option shall lapse and cease to be exercisable. from the AR 'The Company is not currently listed on a recognisable exchange so the share price movement during the year has not been disclosed.' (At least they too acknowledge that the JP site is "un-recognisable') Like every one else, I'm waiting for the AR...to get a clearer picture as to what's happening. |
Posted at 22/5/2025 14:48 by bronislav The demand/market should set the price and not Tende.Tende setting the share price suggests to me that 2p is strategic at this stage and set at that figure for a specific reason. |
Posted at 04/5/2025 12:41 by htrocka2 Tradoil....50% of the people on this planet believe in the existence of GOD...while 60% believe in the existence of Aliens and UFO's....Besides 'debt and taxes' the only other certainty in this life is that 100% of Tende shareholders have no any idea where this company and its share price is going to end up(How can you make deals under this sort of pressure?...the 'art' of making deals is not in Tende's favour)) |
Posted at 30/4/2025 07:22 by bronislav Jptrio...interestingSecondly your posts included the figure 42p (amended to 42.5p).I assume that is not the value of Tende shares on a conventional listing but more alluding to the share price of a merger/aquisition of an already listed group/company.? Finally are you still positive about the future in relation to Tende and a ROI albeit frustrated by lack of shareholder updates. |
Posted at 27/2/2025 14:14 by undulydiligent I'd go a step further and say the company may still be worthless after Angola completes.Take Afentra as a comparison - great management, good communication, presence at all relevant conferences, completed deals, no share confetti, cash generative etc. And they are largely ignored by the market. They even gained a licence this week and the share price dropped. Then look at Tende - failed deals left, right and centre, poor communication (understatement), missing equipment, inability/unwillingn Why would anyone invest in the company at any share price? A valuation goes beyond the assets, liabilities etc., it's the whole package including trust in the BoD, and anyone who reads this board will see there's no value in the company, not from a retail investor perspective anyway. We can't even be confident that the deals they have signed up to will result in cash generation even when they do complete. And this from the company that's hanging its hat on its "innovative" financing solutions. |
Posted at 25/2/2025 21:17 by helix_22 Here are my notes on the AGM, some of it from the questions, and some from the talk after. Not everything of course because it was quite long, I hope it's helpful. It was good to meet some fellow long suffering shareholders.Nigeria Two workover projects were highlighted for existing wells Simulations indicated that each workover had the potential to add about 500 barrels per day. In one instance, the workover achieved a 1,000-barrel-per-day increase; however, the well was subsequently shut in. After applying nitrogen lifting, the well was brought back into production but only produced water. The likely cause was attributed to poor cementing between the casing and the reservoir – a consequence of the well being over 20 years old, which may have compromised its integrity. The second workover experienced a mechanical failure where tools provided by the service contractor got stuck in the hole, it will require a rig intervention to retrieve them. This incident has led the company to explore discussions with alternative service providers, given the unsatisfactory results. Why no money from Nigeria, what about $15 a barrel and 0.25% management fee? We didn’t become the operator of the base volume until July 2024. The majority of money comes from incremental production. Has there been any revenue in 2024 from nigeria? Some, but not err, the majority will come from incremental production. How much have we sunk in nigeria? About $35m What about the $15 a barrel The opex coming in at $15 a barrel, relates to what we can charge the project but it doesn't relate to your margin, so it depends on the cash costs. What about the misleading numbers? Not misleading, they were accurate at the time, can't give certain info because… What was the average for 2024? 9500 Basically the real money only comes from incremental production. The approach is now going to drill new wells first. First well Q3/Q4 this year. We want our own production facility so we can go straight to the pipeline so we avoid going into the flow station (which has its own problems). Angola Azule tried to preempt us, because they wanted to increase their stake in that block. So we had to increase our bid by $30m. The problem it seems is that one of the conditions for applying for the licence is approval from ALL the licence partners. Turns out Equinor also tried to preempt us, wanting to increase their stake. Basically this meant that Azule and Equinor were causing problems in the process by not giving their approval. On the plus side it was said that this indicates what a high quality asset it is. All the hurdles have been overcome as of Dec, we have approval from the other licence holders. Potential with big investment to double production. How long until its actually done? Not long. Lol. months not years. Before Easter How much left to pay - below $40m Tunisia Sale in progress waiting on government approvals. We will have ‘some exposure’ after sale. Money to pay some of the loans. General What is the company valued at? When are we going to relist? Basically hinted at once angola is done $200m. Relist should take 3-4 months after Angola’s done. Some of the due diligence has been done in preparation for relist in regards to the Nigerian assets. Have we had any offers for the company? No No plans for more shares, loans and debt to finance projects. Questions on remuneration and bonuses. Bonuses now tied to share price increases It was then suggested that shareholders need to see some return for their investment, there needs to be a liquidity event in the next 6 months whether that's relist, a share buy back, company sale, we dont mind but there has to be something. You have until 24 August 2025. If that doesn’t happen the shareholders will get together and look at the options on the table, including calling an egm and potentially look at proposing changes to the leadership, and appoint leaders who can deliver value to the shareholders. Can there be a dividend? There is a lot of debt to repaid, cant give a dividend while there is debt. But once that is repaid its something we can look at. Commitment to quarterly updates. Expect 2024 accounts in June. 2023 accounts had specific problems that 2024 doesnt. My take away Lot more said than what I’ve included . Basic message: big upsides, big costs to develop etc. Lots of questions and push back by the (angry) shareholders. Bobo seemed confident perhaps because Angola is about to be announced very soon? It was hinted that the company is worth around 3p once Angola is done. 6 month deadline and an appetite for shareholder action. There seems to be 3 groups of shareholders being formed, the one here and two others with a few large individual shareholdings. % requirements easily met if needed to take action. Basically get some money from Tunisia sale, lot of hassle from Tunisia. Failures in Nigeria who’s to blame - service provider, 20 year wells, bad strategy, etc new plan drill wells. It's all down to Angola being completed. Am I happy, no I’m unimpressed like everyone else. I hope the Angola deal gets done soon. There is an appetite for shareholder action. |
Posted at 16/2/2025 22:26 by vatnabrekk Let's face it, it doesn't matter a toss what price any of the brokers or banks put on their web pages, it is totally meaningless until there is some trading going on. We'll only get some meaningful idea of share price when an AD is issued prior to re-listing and trading, if that ever happens.In the meantime any quoted share price is only some individual's idea of what the value might be, based on absolutely no realistic information whatsoever. |
Posted at 19/1/2025 12:27 by dr rosso AR page 24Dr Rosso - 01 Jan 2025 - 15:50:12 - 138924 of 139159 SIRIUS PETROLEUM - CASHED UP AND READY TO ROLL - SRSP A) "If the Price for the Shares does not grow from the Base Value (of 2p) by at least 20% per annum over the three-year period ending 31 December 2025 then the Option shall lapse and cease to be exercisable." 20% per annum, so this means 2.4p by 31 Dec 2023, 2.9p by 31 Dec 2024, ..... The share price has to be at 3.5p at 31 Dec 2025, or all 60m options bite the dust. B) "If the Price for the Shares does not grow from the Base Value (of 2.5p) by at least 20% per annum over the three-year period ending 31 December 2026 then the Option shall lapse and cease to be exercisable." 20% per annum, so 3p by 31 Dec 2024, 3.6p by 31 Dec 2025, ......... The share price has to be at 4.3p by 31 Dec 2026, or all 51m options lapse. Exercisable at 0.25p, targets met would mean a D collective gain of Scenario A) 60m x 3.25p at 31 Dec 2025. Almost £2m. Scenario B) 51m x 4.05p at 31 Dec 2026. Another £2m |
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