Providence Resources Share Discussion Threads

[funtimejonny] 20/5/2017 14:46

Dunno mate...who's off to the AGM? Me thinking of attending to find out what's on the cards for rest of 2017!

[billy_buffin] 20/5/2017 13:12

pdf link
Publication Date:
Friday, 19 May 2017



This survey seems to cross more than one licence...?

Edit: A continuation of No: 13/2017 for Irish Legacy database?

[hermana3] 20/5/2017 12:48

Very luxurious drilling ship indeed!!!

[steelwatch] 20/5/2017 10:55

Click the header pic too, though a wee bit premature to break out de Bushmills...

[hermana3] 20/5/2017 09:10

Davy say 10% chance of success. Some say 40% but the drillbit will decide the issue. Schlumberger recovery factor of 35% looks fair enough too.

[srvsrv] 20/5/2017 06:59

IF Druid/Drombeg is a success: From Davy report from December the valuation of Druid/Drombeg is 78,8 per share with an equity of 20%. Providence still has 56% so the value is 220,6. Davy has only a recovery factor of 15% - Providence/Schlumberger has 35%. If so the value is 515 p/share!!! Compared to the share price of 16 now you must say it has huge upside.

[zhockey] 19/5/2017 16:31

Nice end to the week

[hermana3] 19/5/2017 16:22

Up a nudge in London so hope in the air as the holders head to The Hilton on Wednesday for mid morning sambos and coffee.

[1cagney] 19/5/2017 16:20

OK, so not 1 more share traded in Dublin. Share opened Bid .185c Ask .225c. Share is closing exactly the same Bid & Ask. I'm no Sherlock Holmes but that says that a total of 505,300 shares were SOLD @ .185c ?

[hermana3] 19/5/2017 15:43

Or that rich! Small buying not raising de bar yet....

[1cagney] 19/5/2017 13:34

Some of us aren't that clever ZH

[1cagney] 19/5/2017 13:32

I'm surprised it didn't move the share price so I say it's a buy & sell exchange. Offer price this a.m. was .185, Buy Price was .225. But I'm not a stockbroker ....

[zhockey] 19/5/2017 13:32

I think must of us already did at 12p

[funtimejonny] 19/5/2017 13:23

That's it then! Must be time to "Back up the truck.. Load up.. and Fill yer boots!"

[hermana3] 19/5/2017 13:20

Got to be a buy at that price. Not often Dubs does more than 50K at a time! Tis a London stock for last 5 years or so...

[funtimejonny] 19/5/2017 13:02

Would you reckon they were buys or sells?

[1cagney] 19/5/2017 12:54

Qty in excess of 500k traded on the Dublin Exchange - that's a super high number ! (Traded @ 18.5cent)

[hermana3] 19/5/2017 12:54

Ah but Richie bowled for Cambridge when he was a young buck!!!

[zhockey] 19/5/2017 12:15

Reminds me of Bush Jnr dodging those slippers in Baghdad

[zhockey] 19/5/2017 11:32

Do you think Richie will be going along to vent his spleen?

[hermana3] 19/5/2017 11:29

Being manipulated by the marketmakers. Easy for them to do on such piddly volume. HQ is as quiet as an ant's fart and will face the great unwashed on Wednesday in what will be a grumpy unruly affair if the share price is still dragging it's proverbial ass.

[zhockey] 19/5/2017 11:20

I think there's almost two markets, we've seen some super big transactions that don't move the price and are probably balanced, then we have a lot of piddly buys and sells that do seem to move the price. A big seller would not be offloading 10k - 30k lots to the bid.

[cgod] 19/5/2017 11:14

Big over hang of shares around me thinks.

[hermana3] 19/5/2017 10:18

Assisted by dave shaking it up a wee bit too!