Providence Resources Share Discussion Threads

[ccr1958] 25/7/2017 09:56

This would have been double the share price a few years back ,too many folk been burnt speculating ?

[hermana3] 25/7/2017 09:15

And the market sure is nervous too,lol. Frozen with fear....

[ccr1958] 25/7/2017 08:56

All eyes on the current Drill, IF successful all assets become more valuable

[hermana3] 25/7/2017 08:42

Jonny, All we can do is wait on Druid and trust the Board know what they are doing. Have a feeling they have a plan now we have proven strategic thinkers like Plunkett and Mc Coss onboard. You just cant beat independent non-execs.

[funtimejonny] 25/7/2017 08:06

Yes....I am perplexed as well. The AGM was on 24th May...so 2 months ago now and ne'er a peep out of the company, just as expectations had been raised for all pvr and logp holders.

[hermana3] 25/7/2017 07:43

1cag,Am perplexed by delay. At AGM there was talk of "a rethink" at Barryroe due to new info on deep section. All eyes on Druid drill now so who knows what is happening at Barryroe.

[1cagney] 24/7/2017 20:29

Herm you haven't mentioned the 'imminent farm-out of Barryroe' in several days now. Is everything ok with you or should we be concerned ? :)

[hermana3] 24/7/2017 19:55

Harri, One leads to another they say!

[harrissen] 24/7/2017 19:53

Peaeff
24 Jul '17 - 18:58 - 49605 of 49615 0 0

Harrissen

I know the contract covers 60days but that doesn't mean they can't be early IMO.

..........................

Of course, my post is just a rough idea of total time to TD
As Herman says we could find an elephant blocking the road any time from now on. In fact we may very well bump in to a whole herd of the blighters!

[hermana3] 24/7/2017 19:35

Rue,Yes days as an independent will be numbered.

[ruedolf] 24/7/2017 19:25

Herm .. alot of competition these days ..with big oil in the vicinity ..even the o reillys are outgunned by their might.. just as well providence had a 20 year head start.

If providence find the gusher ... competition would go through the roof ..and probably be providences last drill.

[ragewarrior] 24/7/2017 19:24

Another quiet day, another day nearer the elephant..

[hermana3] 24/7/2017 19:15

Rue,They only got one licence in last round(Druid). Sir Anthony and the O'Reilly clan are not in the inner circle these days. Providence picked up most of their licences when nobody else was inclined to even apply.

[ruedolf] 24/7/2017 19:10

Herm ... you can be sure the o reillys with their government connections .. have the choice picks.

[hermana3] 24/7/2017 19:07

Rue,The Providence AM portfolio is the best of the lot despite Hughie at EOG saying at every opportunity he has the best of AM!!!

[ruedolf] 24/7/2017 19:07

Peaeff ... I suspect the first 1000m is a lot faster than the last 1000m ... the deeper you go the slower it probably gets ... so getting down to 1750m should be alot faster than the last 1000m.

[hermana3] 24/7/2017 19:05

PF,Will be interesting to see how much they tell us in Druid Update. Hope it isnt a short RNS.....

[peaeff] 24/7/2017 18:58

Harrissen

I know the contract covers 60days but that doesn't mean they can't be early IMO.

I feel (gut only) that Druid will be much sooner than 38days but the only thing I wonder about is how much information will they be willing to divulge before continuing down to Drumbeg.

[rogerlin] 24/7/2017 18:49

This is not the sort that we want.

[hermana3] 24/7/2017 18:49

Rue,Atlantic Margin is said to have similar geology to FP and we eagerly await confirmation of this....

[ruedolf] 24/7/2017 18:39

Plenty of elephants found next door in flemish pass

[timberwolf3] 24/7/2017 18:28

Herm - and lately a few elephants have been found in water.