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Share Name Share Symbol Market Type Share ISIN Share Description
Providence Resources Plc LSE:PVR London Ordinary Share IE00B66B5T26 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.225 3.15 3.30 3.225 3.225 3.23 680,718 08:00:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -18.1 -3.0 - 27

Providence Resources Share Discussion Threads

Showing 73101 to 73123 of 73125 messages
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DateSubjectAuthorDiscuss
24/5/2020
14:18
roadster750 24 May '20 - 13:40 - 60521 of 60521 0 0 0 Herm, I agree its good that we are being kept up to date, the way I read the rns is that they are "taking longer than anticipated in closing out the necessary arrangements with its consortium",oh hang on that's exactly what they stated, not that they couldn't raise the £200k which is how some seem to interpret it. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> But roadster750 that's precisely what PVR & APEC were saying last summer! History has a habit of repeating itself, especially where Barryroe is concerned. Whether SpotOn will come up with the £0.2 million we will have to wait and see, but history suggests not. LONGWAIT posted on the lse bb that "If SpotOn are still holding their shares - and I think we would have noticed if 20 million had been sold in the market". You don't have to sell shares in the market; you can always cover your position via a CFD deal. Of course I have no crystal ball and can have no knowledge of what SpotOn have, or haven't done, but the precedents don't look good. First Sequa, then APEC and now SpotOn?
papillon
24/5/2020
13:40
Herm, I agree its good that we are being kept up to date, the way I read the rns is that they are "taking longer than anticipated in closing out the necessary arrangements with its consortium",oh hang on that's exactly what they stated, not that they couldn't raise the £200k which is how some seem to interpret it.
roadster750
22/5/2020
22:43
https://www.irishexaminer.com/breakingnews/business/providence-resources-new-barryroe-partner-flags-early-funding-delay-1001215.html
hermana3
22/5/2020
21:44
Nothing ever runs smoothly here but at least we are being briefed as opposed to situation with APEC. Fingers crossed this goes according to plan.
hermana3
22/5/2020
18:39
Thanks Steel.APEC name still stamped in the Department website.Hopefully we will see the removal from the margins next update.It can be hard to get the lawyers to remove title from all the various places where it might appear.Alot of lawyers were involved writing up the comprehensive agreement at the time.Have a good weekend all
raisethestake1
22/5/2020
18:18
raise - also see qrtly acreage report to 30 March, page 4: https://www.dccae.gov.ie/documents/Acreage_Report_March_2020.pdf 6 monthly report to 30 June may, or not, indicate any change since then.
steelwatch
22/5/2020
17:19
I'm happy with that.Thats the sort of transparency I was talking about.Nice and concise with a definite timeframe.Note that their consortium was mentioned.Will we be furnished with a few names such as Aker or Equinox.I have a positive feeling about this now and will be topping up some more.
raisethestake1
22/5/2020
16:09
Oh cr*p, it's not different this time......lol
mcbull
22/5/2020
15:54
As of Feb 13th Exola DAC, a subsidiary of Providence and operator of the Barryroe Field, has notified APEC that it has commenced the regulatory process required to transfer the 50% equity in Standard Operating Licence (“SEL”) 1/11, which contains the Barryroe field (“BarryroeR21;), currently assigned to APEC, back to the original owners. This will result in Exola DAC and Lansdowne Celtic Sea Limited reverting to their original 80% and 20% interest respectively on completion. As far as I am aware we have not been informed that this process has been completed. Is this an obstacle at the moment? Coupling this with the drop in oil prices and the pandemic there is hardly an appetite to throw money at a project since belts are been tightened every where.There is always some obstacle as an excuse for Barryroe.So much money was squandered on doing everything else such as seismic surveys,paying massive amounts for specialist consultation and wildcat drills instead of proving up existing finds such as Spanish point and Barryroe. If Spot on invested the further 200 large we would have been told quick enough.Let us hope for an update with details soon ,but it didn't seem that there is much to tell.All shops closed up and running on reserves at the moment.GLA
raisethestake1
22/5/2020
15:53
Something quite familiar with this news
peaeff
22/5/2020
15:46
PROVIDENCE RES. Spoton Energy Investment Update 22/05/2020 3:42pm UK Regulatory (RNS & others) TIDMPVR THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION THIS ANNOUNCEMENT AND THE INFORMATION IN IT, IS RESTRICTED, AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SWITZERLAND OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE, OR FORM THE BASIS OF AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW OR EXISTING ORDINARY SHARES OF PROVIDENCE RESOURCES PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL Providence Resources P.l.c. SpotOn Energy Investment Update Dublin and London -- 22 May 2020 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based resource development company ("Providence" or the "Company"), provides an update on the second tranche of the proposed investment in Providence by SpotOn Energy Limited ("SpotOn Energy"). As announced on 6 April 2020, SpotOn Energy invested GBP0.3 million into Providence as part of the recent $3.3 million fundraising and committed to invest a further GBP0.2 million within six weeks of that announcement. SpotOn Energy has experienced some delays in closing out the necessary arrangements with its consortium because of current working and travel restrictions and has informed Providence that it will be necessary to delay the second tranche of its investment by approximately one week. The Company will provide an update to the market upon receipt of funds.
roadster750
22/5/2020
15:11
"APEC has not officially handed back their 40% as far as I know"??? Are you trying to look stupid? You think they will send it all back in a shipping container? Does it help you out that APEC Energy Enterprise Limited was dissolved on the 7th of April? https://beta.companieshouse.gov.uk/company/11650992
contrarymary
22/5/2020
14:44
But it's different this time........lol
mcbull
22/5/2020
14:20
No Mon no fun.Same transparency that we have grown accustomed.Money will show commitment.Original 300 large could have been sold back into the market at profit for all we know.APEC has not officially handed back their 40% as far as I know.
raisethestake1
21/5/2020
23:41
https://twitter.com/OffshoreIreland/status/1263439400303824901/photo/1
hermana3
21/5/2020
22:25
Tis a relevant issue for sure but you are perfectly right to say it may not be the subject of a RNS. Providence was a secretive operation under the previous management but hope current management is more open. Time will tell....
hermana3
21/5/2020
22:14
Why should we hear news in the morning? What makes you think SpotOn investing further must be the subject of an RNS? Some people leave themselves very exposed to disappointment.
contrarymary
21/5/2020
22:01
Specifically green yokes....
hermana3
21/5/2020
18:53
We should hear news tomorrow concerning Spot on's 200 large. This should have been invested by last Monday,6 weeks after the April 6th RNS.If we hear nothing let us all not bother waiting any longer.We have been here before.If we get no information about Spot on's partners at this stage we should just remember how we got strung along before.As Trump would say " I think we will see an RNS in the morning.I think it will be a big RNS,a very big RNS"
raisethestake1
20/5/2020
22:32
Mc,Let the good times roll!!!
hermana3
20/5/2020
21:56
and POO $36 ......whats not to like
mcbull
20/5/2020
21:39
Have the potty and coffee pot out just in case
hermana3
20/5/2020
18:57
5 million+ traded today, rns early doors?
roadster750
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