Sirius Petroleum Takeover Rumours (SRSP)

Sirius Petroleum Chart

Sirius Petroleum Takeover Price

Sirius Petroleum Takeover Forum Posts

If there is even a rig on the way! Maybe just assets then takeover! I’m hoping for assets then takeover for closure.... Boom... Don’t get fooled on rig movement...
Get the signature done mr president then we can get the BP/PEARLAND takeover completed or alternatively get the well spudded.
ht nothing would surprise me with this its all been hush hush over the years. looks to be a whole lot more going on behind the scenes what with those new guys on board. all i do know is this share seems to be sitting in a 0.80 range for what ever reason. the mm's would screw the life out of this share price if they thoughy nothing was going to happen here so why is it holding up at this range. i take this as a good sign. still dream that one morning i will wake up to that massive rns saying takeover with massive other assets revealed
1alfi - clarification: as per the specific article linked I was referring to the 1 or 2 that believe we might actually make use of the strategic partnerships we’ve spent 2 years building, retain control, collaborate and progress to exploration/production. I’m aware that even the majority of perennial moaners still believe there will eventually be a good outcome, I.e. imminent takeover theory etc. I’ll comment later about the unique structure of Sirius and why I believe it is entirely possible that we could choose to continue as an E&P if that is indeed our preferred strategy.
HT - new options can be exercised early if there’s a change of control (p.172) and most of the 5p options were cancelled. But, the options do raise an interesting point. If we are to disappear in a couple of months would you really hire a new CFO and give him 60m options? On a 20p takeover that’s £12m for 3 months work?? Surely you’d rather have Simon as temp CFO and keep a lid on any unnecessary dilution. Has Mark come in for a 3mth assignment? Doubt it.
Good morning fellow takeover enthusiasts
thing is now the only time people will now buy into this is when we either see that rig "moving" or we get a rns saying takeover. no point in bobo popping up on a podcast again or issuing more nothing rns's they will all be pointless unless we get a rig move or takeover
IMO The current bod will be gone. The Chairman, the CEO And Neal will be gone! The new members will takeover the roles. Surely the current chairman wants out at his age!
Lol DrRosso that’s a bit rich coming from the person who was heavily promoting imminent 30-50p takeover theories at the same time. There is also a slightly amusing irony that someone who on multiple occasions expressed that we’ll be taken out and won’t ever now moaning that we haven’t drilled!
Astral/Bick we are all fucked off dude!!!!!! Don’t spill your PR shite!!!! These idiots need to give a ROI!!! Fucked off waiting!!!! No more bollox!!!! Get the fucking takeover news out or drill the fucking hole!! Don’t need to say anymore!!! Just never smile in my face Bobo, Bick, Neal or I might just shove my fist in it! Bunch of lying 🤥 twonks!!!!
The day you do that qprallen, the next day they'll announce a block and upcoming takeover
Why not a merger with some other companies nearby, like Conoil? Or takeover, even? (Just playing devil's advocate!)
Vat before the co. Change fro investment to production there was nothing to sell.... Now they are an oil and gas production co. Just need a few marginals and block... oh and the famous rig to arrive, drill oil and we are game on, game over and takeover... only my opinion though. Longer term we would make more money if we didn’t sell but who gives anymore most have had enough..... me included! Need closure to move on from this!!!!!
Keep selling suckers! Our day will come in one big RNS. Sellers will be buying back in but how much will they have to pay! Only needs one rns to say a takeover bid at 20p has been made and this will rocket in hours if not seconds! Buy, keep buying and hold. All these years and still not drilled. Best bit is these suckers sell and price drops I just keep topping up. Simply lovely....
If we needed to become a producer ,to drill ororo ,given the length of time taken to produce an admission document ..What was bobo thinking last march in the voxpox saying hydrocarbons by the end of H1..add to that we had no rig ,we didnt even have the subsea survey..Whether you are in the production camp or the takeover camp it seems farcical that all these mighty companys are struggling to come up with a spud date.Sirius alongside cantor could have the share price much higher than the manipulated 1p range if they so chose .The reason is clear to me why we are hearing very little ,certainly nothing likely to shift the sp is because the 1p mark is significant and necessary at this stage.One would have to assume that the alledged 200employees ,direct and indirect are working on something,other assets readied is a possible scenario.
drrichard, that's it page 13, AD The entry into the JOA marks the transformation of the Company from an investing company into an operating company, which is deemed to constitute a reverse takeover of the Company under the AIM Rules and, accordingly ,the Company requires the approval by its Shareholders of the Proposals,such approval to be sought at the General Meeting,notice of which is set out at the end of this document.If the Resolutions are duly passed at th e General Meeting , the Company’s existing trading facility on AIM will be cancelled and the Company will apply for the Enlarged Share Capital to be admitted to trading on AIM
htTTps:// NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM Following a Reverse Takeover on AIM the under-mentioned securities have been cancelled from 19/12/2017 - 8:00am.
Id say its a sure thing now. Barring a takeover before we actually produce, but we are splitting hairs :p
For those that believe that relisting is a formality...(also take a look at Rule 41) AIM Rule.. Reverse takeovers 14. ....... Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time.
Dr Rosso, All Assets in play then takeover Or all Assets in play and huge production co? What’s your theory?
Takeover or production sonic?
I’m in the takeover camp. Just hurry up.
bron you sound like you are in the takeover camp too mate??
Funny.. Nobody's asking you though Jamie are they?I'd say a relist around the same price that Astral suggests and his follow up rises seem realistic. I'm not writing off a complete takeover out the blue though either.
We are pleased to announce that following ongoing discussions with our partners with regards to submitting the company’s AD. Company X entered into additional confidential discussions to takeover our company. Due to the fantastic opportunities we were able to share, as previously mentioned in official RNS notifications in terms of the ‘Block’ and pipeline of assets, company X has offered a full purchase price of 50p per share. Due to the confidentiality agreement, no further details of the bid will be shared. A General Meeting will be held in 14 days time to seek approval to accept the terms of the takeover. The board strongly advise that all shareholders vote to pass these resolutions. Carlsberg don’t do RNSs but if they did!!!!!!
Minichris...I am only speculating but for me it depends what the companys agenda is.If we are to go to production on a medium term basis then what the market is told would differ from what we were told in a takeover scenario.I came to my conclusion that the only people that need to know the details of assets infastructure etc would be schlum cosl BP etc ,if it was a takeout then all we would need to know is the details of the takeout.Sirius have been economical in what they have divulged to the market and for me that will continue in the AD.
" If successful it is likely that Sirius would become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Following this, complementary or unrelated acquisitions in the oil and gas sector may be made." Got to drill ororo first ?
from Sirius website;- This page, last updated June 2017,...................................... Investing Strategy The Company’s objective is to generate an attractive rate of return for Shareholders, predominantly through capital appreciation, by taking advantage of opportunities to invest in the oil and gas sector. The company is currently seeking funding to bring the Ororo field (OML 95) in Nigeria (in which Sirius has a 40% economic interest with its partners Guarantee Petroleum and Owena Oil & Gas) into production. If successful it is likely that Sirius would become the operator and this would trigger a reverse takeover under AiM rule 14 and require shareholder approval. Following this, complementary or unrelated acquisitions in the oil and gas sector may be made.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20180218 18:13:46