Providence Resources Share Discussion Threads

[funtimejonny] 16/12/2016 16:37

Hell of an uplift all the same. Was showing 156k trades on the link you posted earlier. Not huge I agree.

[steelwatch] 16/12/2016 16:25

Peanuts volume on ESM tho.

[funtimejonny] 16/12/2016 16:01

Cheers Amigo. According to posters on lse the share price has gone up nearly 20% on the Dublin exchange today. Is this true?

[steelwatch] 16/12/2016 15:27

From my mobile:

[funtimejonny] 16/12/2016 15:06

Thanks GD...DOESN'T SEEM TO WORK ON MY MOBILE

[greatfull dead] 16/12/2016 14:59

hxxp://www.ise.ie/Market-Data-Announcements/Companies/Equity-Details/?equity=74651

[nick2412] 16/12/2016 14:58

cgod re. level 2:- 2 V 1 just Dave on 13.5 with Cenkos having moved to 14 at 11.45

[funtimejonny] 16/12/2016 14:50

Good call cgod. Don't have it meself but would be interesting to know what the rest of the day has in store. Anybody got an update on trades on the Dublin exchange while you're at it?

[cgod] 16/12/2016 13:41

L2 any one?

[richie666] 16/12/2016 13:29

“I don’t want to be tied down to which [farm-out deal] might come first,” said O’Reilly. “But hopefully in the weeks and months ahead, we’ll be able to say something more about our commercial negotiations.”

We have reiterated our call at Align for ToR Jnr's immediate resignation.

[funtimejonny] 16/12/2016 13:21

Bang bang bang...in like Flynn!

[presto77] 16/12/2016 11:17

golden cross

get in!!!

[greatfull dead] 16/12/2016 09:57

Herm, I second that.

[srvsrv] 16/12/2016 08:26

think this time could be different due to:

1) drilling costs extreme low now
2) Oil price is recovering
3) Druid/Drombeg is a very very large potential find - guess it will attract investors.

So a farm out of Druid - drilling of Drombeg and Newgrange isn't unrealistic:)

[hermana3] 16/12/2016 08:20

A good article alright. "Something maybe on farmout negogiations in the coming weeks and months". We have heard that one more than once before....

[stockriser] 16/12/2016 08:10

A nice little read .............



As Providence Resources investors stared into the abyss in April, when shares in the oil explorer were suspended as it struggled to pay a legal bill and refinance a costly loan, a Texan company was putting the final touches to a report with the company that would underpin its rescue.

After thousands of man-hours poring over 3D seismic data and all kinds of geology and petroleum systems models with Providence, the world’s largest oilfield services company Schlumberger concluded that the Irish company’s Druid prospect 354km (220 miles) into the Atlantic ocean held 3.2 billion barrels of oil.

[ngms27] 16/12/2016 08:10

COPL is a gamble, with the odds stacked against you. Something like a 4-1 shot

[hermana3] 16/12/2016 08:03

Yes COPL taking a journey into the unknown.....

[bump3r] 15/12/2016 23:36

Chart is suggesting something big about to happen.A few stale bulls will have cashed out of 5 or 10% over last couple of weeks.I'm still at a loss overall till 24p but am hoping to recuperate next year.(but made a good chunk on the last bull run here)

[phoebusav] 15/12/2016 23:05

That's because the last trade must have been a sell, which tells us nothing. The spread there is awful at over 16% with the ask price at 0.18c or 15.1p, 12% over the LSE ask.

hxxp://www.ise.ie/Market-Data-Announcements/Companies/Equity-Details/?equity=74651

I don't know why anyone would trade it there except to keep trades under the radar I suppose. Definitely not an indicator of price direction.

[frost1] 15/12/2016 22:26

PVR down in Dublin from 17c to 15c.

[westmoreland lad] 15/12/2016 21:23

Herm -- all Zengas fault :-0

ZENGAS
15 Dec '16 - 09:52 - 1272 of 1307 1 0
There's about 200m warrants that are comfortably in the money at this price range.
I've said before they will need cash imo by end Q1 if you look at the accounts just for normal day to day but how will the Shorecan activities be financed ?

----------------------------------------------------------------------------------

Times ain't like they used to be Herm -- people now risk obverse after too many dusters including the likes of TRP off W Africa where the proof of oil down there
was so great it 'shone in the dark' - cost me and plenty others mucho pesetas when it dusted.

PXOG is performing the same downtrend as COPL - UNREAL. PVR is totally different though imo and I'll settle for 1/4p per day on the share price until spud !

GL All

[steelwatch] 15/12/2016 19:49

herm - you can guess who has.

[hermana3] 15/12/2016 19:40

Wonder how COPL/Exxon drill in Liberia is going? Over 3 weeks in and share price is falling. Anybody here dipped a toe into this drill yet?