Has anyone please got any info on this one? It was supposed to start trading again in July and then August - almost end of August and nothing!

Patience is required with this share, but there is tremendous upside once the City believes that it now has good control of its assets.

Would anyone like to touch this share with my bargepole

Sibir energy up 2p today to a tad under 2 pounds. I really do see that this share will take off, every possibility that it will be immininently as we head into Mid june. The second half of the year. Sibir is extremely fortunately that it has a skilled, local workforce who want this company to succeed wether it be under the SIBIR umbrella or another russian company umbrella. It is at the moment a very weak price making it susceptible to a takeover and maybe that maybe the root behind all the in house problems. SIBIR I believe will go it alone, but the interest in it and/or its potential is fast approaching. A GOOD SHARE like this one can only be held back for so long so its now time to buy. I'm confident I have 10000 which I bought at its peak at 2.365 in December 04 still waiting, but still confident. DYOR

A considerable amount of black buying, every share sold is being snapped up - GET READY FOR LIFT OFF - GOOD NEWS IN THE 'PIPELINE' (excuse the pun)

http://www.spdnv.ru/en/

Website of the Salym Project

This is on the move really, bankone.

Anyone know the outcome of the action against SBE which was taken by London legal firm acting for a client which they refused to name ?

Court case put back to sept. 2005 in B.V.I.,I i understand.

mb
I thought that the BVI case was being pursued by SBE against Mr Chelsea etc. The one I was referring to was against SBE and seemed clouded in mystery. SBE went to Court to find out who the pursuer was.At least that is my last memory before going on hols.

Double click on SBE and read recent RNS ETC.

See also todays RNS.

Thanks for pointer.
Never seen an RNS like Camerons before, must have led a sheltered life.The real question remains . How did it happen and what is probability of restitution ?
Meanwhile SBE keep pumping the oil and dont ignore the current account would be my plea.

Wait for court case in Sept.2005.

No followers on this site - been in SBE since 7p - (consolidation apart not doing so bad. Nice mover over the last week more to come ANTON has it as a buy at 2.78 + 10%. Therefore a 3.15p a share target without news from the Theft of asset and the connection to Mr A. The BVI result is awaited but they may take months but the Harley street Class Action failed. I don't believe the SP rise was due to that, I believe Flow raes are imminently due to be announced and together with the $70 dollar Barrell this share is going to motor and quickly. This is a gusher and a half providing the Russkies don't tax its boll**ks off. Good luck to anyoneeeeeeeeeeeee outtttttttttttttt thereeeeeeeeeeeeee stilllllllllllllllllllllll holdingggggggggggg. Hello ---- Hello. DYOR

WHAT AN EXCELLENT RNS - but it would appear to be wasted on thios B&B No takers - No one is listening. This share is going to go ballistic tomorrow, ALL the M and B and X and R buys that have gone through recently, The MMs can't get enough of this share. Its gonna explode and rightly so a long time waiting but here she goes.

Not wasted B1
This long term holder is watching a unique story unfold
We are back to the pre-MrChelsea position

Hello Sunray Lot of talk on this share on other B&B as you probably know with talk of an exceptional rise tommorrow and the MMs trying to get them on the cheap prior to a court result or an out of court result from Mr A. Tipping them to rise another 15/25/50p some are talking 4pounds. This is not a ramp. I bought SBE a long time ago as a pension fund not a lot of shares but 10,000 shares and I will not be selling this share until 2009 come what may. I believe as I'm sure all long term investors in this one believes that its a special little gem with all solid foundations in place. Any company worth its metal is always open to business fraud and like everyone says when it happens I never thought it would happen to me. You don't get a knighthood in commerce if your crap. Sir Henry knows his way around the legal entities also and knows exactly where he stands with them. He knows and believes in the restoration of Sibirs asset to its rightful owner *****SIBIR*****
The building blocks are there, the infrastructure is there, the product is there, the pipeline is there, the flow rates are there, the demand is there, the price is exceptional and tipped to reach $100 plus a barrell, and best of all Sunray41 you and I are here too. Good luck and stay with it as long as you can. Cheers heres to tomorrow.

Another day another dollar, in fact 19p. Press releases are suggesting that SBE lawyers will get something back for their stolen asset when it eventually hits the court process. Perhaps Mr A is capitulating under pressure from Mr P as bad publicity is all the 'K ' wants at this time. China is a fast growing GDP area which requires a lot of oil as it does not have any reserves whatsoever. Russia is ideally placed to supply it what it requires at a price and that includes a benefit to shareholders. Profit takers in to day when it reached its high of 3.37p that will pail into insignificance once the flow rates are announced and the asset returned. FTSE 100 here we come.

Will try and get update from Colleagues in the Field in Siberia with regards Project updates. Like BANKONE ,we have been sitting on this baby for a long time. Can't believe no one else is getting in. You only have to read SIBIR report coming back into the market of what its true worth is.

Sir Henry is as cute and canny as a cart load of monkeys - what a way to get the K on their side as well as Mr P. Honourable thing to do at a time when come sept 20th he will want as many honourable people as possible in his corner against Mr A.
This sweetener of 16m (24mUS$) properly incurred debt has been settled. This will enable this company to move progressively forward honourably and prove that SIBIR is legit, does not take its liabilities lightly and rather than tax avoidance, multi company wrangling and downright theft like Mr A, Sir Henry stands head and shoulders above them all. Might not inform the PI regularly but if I knew I had got something good I would let the product/company do the talking and right now SIBIR is 2p down after shelling out 24mUS$ coupled with some profit takers is not a bad result for today. Its like my old dad told me, god rest his soul, if your earning the big bucks you can afford the stoppages. If only I were????? but never mind hopefully SIBIR will help me put my feet up in retirement. Good luck to all SBE holders, I think tomorrow will show a slight profit as Friday is renowned for its profit taking. I'm long term in this so I have no need to ramp it as I believe in this share and have done for some considerable time. I believe there is 15pound in this share and FTSE 100 material to come - Not yet 2007 maybe but I'll still be in it, might have taken my original stake out but I'll remain.