Providence Resources Share Discussion Threads

[hermana3] 14/12/2016 11:43

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

[greatfull dead] 14/12/2016 11:07

Herm, I very much doubt 25p by next week. It would be nice of course but I see a nice share price rise up to the Druid spud. Steady as she goes as the saying goes........

[zhockey] 14/12/2016 11:03

Thanks Steel

[steelwatch] 14/12/2016 10:40

Not So Prolific: U.S. Shale Faces A Reality Check

[hermana3] 14/12/2016 10:31

Presto,Hope you spot on there!!!!!!

[theprovosts] 14/12/2016 07:58

nice to see volumes pick up in ireland. 14p over there :)

[steelwatch] 13/12/2016 18:55

btw peaeff - o/t - still hanging in there with ENQ and took more in recent offer. Massive debt, but on target for first oil from Kraken by Q2/3 '17.

[peaeff] 13/12/2016 18:34

Thanks steel.

Quite apart from the share situation I think 2016 is a year I'll be glad to see the back of.

[steelwatch] 13/12/2016 17:02

Welcome back Peaeff. Did similarly and almost quadrupled @ 9.7p.

[tromso1] 13/12/2016 16:51

"A price of 35p would be 'sensible' but the Irish oil firm's exploration upside could be worth 166p per share."

166p would certainly be a lot of upside.

[phoebusav] 13/12/2016 16:06

Nice of him to make the effort with these missives, but I find the timing a little irritating. Surely, given that the pendulum of sentiment has begun to swing to the positive with the significant news flow beckoning over the next few months it would be better instead to focus on the excellent outlook.

[peaeff] 13/12/2016 15:56

Hi all, long time no write to you all. Have finally succumbed to recent news on the oil front in general and almost doubled my holding thus cutting my average greatly.

Whether we will succeed in reducing losses or even advancing to profit still seems a long way off, but someone once said 'faith can move mountains' so lets hope it can do the same for share prices.

regards, nice to be back.

[phoebusav] 13/12/2016 15:51

Jam2Day, here comes your next uptick. Only one left at 13p, down from 4 earlier thanks to the strong buying. Maybe a 13.25p mid price close.

[greatfull dead] 13/12/2016 14:11

Herm, Well Wisdomtree agrees with you on Trump.
hxxp://www.wisdomtree.eu/article/2384/our-thoughts-on-allocating-for-a-president-trump-world

[greatfull dead] 13/12/2016 13:03

Nowt wrong with being overly conservative with the current PVR portfolio.

[timberwolf3] 13/12/2016 13:01

Would be some feat if they could drill those 3 targets for $35 million

[srvsrv] 13/12/2016 13:01

yes, and I have send Job an email why he doesn't valuate the Barryro Phase 2 - even as an exploration play. So way to conservative.

[zhockey] 13/12/2016 12:54

I think they are being overly conservative, if they farm out The SPB assets down to 20% then the value of this alone will bust out of the 35p valuation. Remember what happened when XON farmed in to Dunquin?

[greatfull dead] 13/12/2016 12:49

Westie, Nice move yesterday.

The Davy research note I think caused the tick up. If all the Davy research is on the ball we are in for a splendid Q3 2017.

GLA,
GD

[jam2day] 13/12/2016 12:42

grudging tic up that one - will see another me thinks.

[westmoreland lad] 13/12/2016 12:11

Train pulling out of station 13 herm

[hermana3] 13/12/2016 11:58

Job's mention of a possible drill is interesting. Would have to be some cash from Barryroe for that one thinks.