Providence Resources Share Discussion Threads

[ngms27] 08/12/2016 09:01

I've had another couple of bites of this over the past few days, sold down some EOG as well to add further.

My plan is to take monies off the table prior to the Druid drill so as to mitigate drill risk. No matter what I certainly wont be holding my position size as-is through the drill as I'm well over weight now.

[hermana3] 08/12/2016 09:00

Would rather be here than EOG as it will take yonks to get a drill on and it wont have The Schlumberger stamp all over it either. Schlum cant be wrong,lol.

[stockriser] 08/12/2016 09:00

Basem1 - correct 1% stamp, but whats that in the great scheme of things ;-)

[stockriser] 08/12/2016 08:56

GD have a small free carry in EOG from July/Aug but my main holding is here!

[ngms27] 08/12/2016 08:54

Yes it's 1% stamp on this

[basem1] 08/12/2016 08:45

Am I right in thinking the stamp duty here is a full 1% ? Tia.

[ngms27] 08/12/2016 08:34

I don't, be careful what you wish for.

[hermana3] 08/12/2016 08:30

Wish Hugh was on board here!

[greatfull dead] 08/12/2016 08:26

Stockriser, Do you hold any EOG?

[stockriser] 08/12/2016 07:13

Hugh Mackay bulling up offshore Ireland big time this morning, and a nice bit of free advertising for PVR ;-)



By being exposed to all the major plays and basins currently being targeted in the region, Europa stands to benefit from the success of other operators and not just our own. With Providence Resources looking to drill in 2017, Woodside Petroleum the following year, and with newly arrived majors having already acquired seismic on their licences, we predict an increase in exploration drilling in Atlantic Ireland over the next five or six years. Europa is therefore well placed to benefit from any exploration success.

[feelbo2] 07/12/2016 21:50

Clues been there for a long time, the people in the know have had to sat on their hands during the last 6 months,,all about to change,,,mix of duty of care, market rules,bla bla bla,, a $73m fundraising post share suspension,, ,,Barryroe farm 4yrs in the making, 5 billion barrels of oil in the waiting. If you are wondering how PVR might end up, have a look at Cairn Energy in the early 2000s,, struck oil in India during the start of the last big oil bull runs.. the rest is history

[thevoid] 07/12/2016 19:53

Nice to see some clear space between my start block - will take a few pence more to make me chipper ... and a lot more to make me sing.

[stockriser] 07/12/2016 19:38

Sounds like we're on the same wavelength then ZH ;-)

[stockriser] 07/12/2016 17:47

I'm expecting 25-35p prior to results, and a whole lot more if any other positive 'unexpected' news comes to the market ;-)

This is lamb priced as mutton !

[ngms27] 07/12/2016 17:42

I'll agree it could double prior to Druid results with a fair wind

[zhockey] 07/12/2016 17:25

Not sure about end of year but this is a coiled spring if ever I seen one. The asset base vs valuation is insane, I know that's down to where this has been over the past few years, but I sense this will pop soon and will be four times higher before you know it.

[greatfull dead] 07/12/2016 17:10

FTJ,

Have enough valid stamps from last year. Whats left should see me through till Christmas 2017. Buy in bulk when you can!

Hope you had a good snooze. Now my priority is help my wife prepare our evening meal.

Speak tomorrow,
GD

[funtimejonny] 07/12/2016 17:02

Will reply to ur msg manna GD as just woke up again. Don't forget the stamps! ATB

[greatfull dead] 07/12/2016 15:29

FTJ,

You could well be right. I don't have a crystal ball and I know Herm does not. If we did we would be rich men. The only way to make quick money in small hydrocarbon EP companies is through througher research of small companies that have good info and access to quick drills these days. You know what I mean.

Spent a good part of the day completing our Christmas cards list. That is one hassle out of the way. Also bought my wife her birthday present and Christmas present. All present shopping now done thank God. Bank balance looking a wee bit shabby but still in credit. Just the Christmas food etc to buy. Thats my wifes responsibility.

ATB,
GD

[funtimejonny] 07/12/2016 14:29

Herm. Just clocked ur earlier message. Suggest 16p by year end. What u think yourself?

[steelwatch] 07/12/2016 13:44

GD - fingers crossed for a farm out of anything pre-spud...

[greatfull dead] 07/12/2016 13:28

Steel,

Good to see the share price edge up. Where will it be when Druid spuds is the question.
Check your message box Amigo.

ATB,
GD

Edited, get the sizzling re PVR share price

[funtimejonny] 07/12/2016 13:18

Yup GD. Out and about just now duin me Xmas shopping. Will get back to you ASAP.