Providence Resources Share Discussion Threads

[hermana3] 15/12/2016 19:15

Not half bad!

[oilbuy] 15/12/2016 16:38

Good finish

[presto77] 15/12/2016 10:47

ticked up again

these are the tiny moves that confirm the dam will burst

50/200 cross, 200 cross.....fundamentals in support

will move fast

[cgod] 15/12/2016 07:41

On 30 November 2016, OPEC and select non-OPEC oil exporters agreed to cut output by a combined 1.76mmb/d in 2017, prompting us to review our short-term oil price assumptions. OPEC views this as a necessary catalysis of the rebalancing process to secure medium-term oil supply and the role of crude oil within the global energy mix. Assuming OPEC’s 14 members (OPEC-14) and Russia comply with >70% of pledged output reductions in early 2017, we expect global inventories to fall in Q217, reaching the top of their five-year range by the end of 2017. We estimate that OPEC compliance will accelerate crude oil inventory draws by around six months from earlier IEA forecasts (November 2016 oil market report). We maintain oil price assumptions in line with the EIA at $51.7/bbl in 2017, rising to $70/bbl (real) long term – minor adjustments from our forecasts in June 2016.

[funtimejonny] 14/12/2016 17:57

Bit of good news in the annual end of year report would go down very well here for sure.

[zhockey] 14/12/2016 17:34

I suspect the next holdings RNS will be an up, not down.

[funtimejonny] 14/12/2016 17:16

Lively old debate there!:tomorrow is another day!

[hermana3] 14/12/2016 17:04

Nally and Cenkos unlikely to be bailing at these low prices. City would have a canary if this was the case....

[zhockey] 14/12/2016 17:00

I doubt it is the inst, more likely the shares that covered fees and debt.

[hermana3] 14/12/2016 16:54

Many of those instis got their shares at 12p so may be heeding for them hills with shillings in their pockets!

[westmoreland lad] 14/12/2016 16:51

Go steady Herm :)

Basem correctly says the 2 x 500k and the 2 x 250k were all sells. Desperate or what ?

[zhockey] 14/12/2016 16:41

Every seller has a buyer, who do you think is on the bid?

[basem1] 14/12/2016 16:36

The 500k lots are sells. It's been orchestrated for the last few sessions. Plain to see. Without those the price would be flying. A certain institution selling into strength ??

[hermana3] 14/12/2016 16:28

Tis either him or Pageant Holdings!!!!

[zhockey] 14/12/2016 16:22

Is Westie responsible for these 500k lots?

[hermana3] 14/12/2016 16:17

Westie has moved the market once again. "In before Westie" as they say in the Costa Blanca....

[phoebusav] 14/12/2016 14:50

A decent sized buy there over the ask @ 13.5p. Good stuff.

[tromso1] 14/12/2016 14:48

Someone keen, paying 13.5 for 175k shares there with the ofer at 13.25.

[jam2day] 14/12/2016 14:40

Does level 2 indicate an up tic here ?

[presto77] 14/12/2016 13:27

all about optionality.....getting exciting

[greatfull dead] 14/12/2016 12:33

Stockriser, As I said BR farmout IMHO is a very long way off.

[stockriser] 14/12/2016 12:09

"GD,Would need a Barryroe farmout for that and not many betting on that outcome currently..."

Herm, Yep not many betting on it, which is why if a farmout is announced this will rise astronomically ;-)

Been distracted last few days - who would have thought I would be attending court to support my 75yr old uncle on an assualt charge - will he never learn... duh.

GLA SR

PS.... I think PVR shares are becoming scarce :-)

[hermana3] 14/12/2016 11:57

Too busy reading a bio of de new Messiah!!

[greatfull dead] 14/12/2016 11:52

Herm, I agree about BR but I am still of the opinion its a long way off. I do hope I am wrong. I see your not replying to your private messages of late!