Providence Resources Share Discussion Threads

[hermana3] 23/8/2017 08:05

Tis a loony bin alright!

[funtimejonny] 23/8/2017 07:30

Tempers are at boiling point over on LSE due to massive sell off of shares on 18th announced at yesterday's close and early doors today!

[cgod] 23/8/2017 07:21

I can not understand how low the share price is now, 35 mill in the bank, lots going on, yet a sale of 5 mill shares, cash value 4-5p, if we do not find oil, this could well be the price, that's if we are not taken out, has to be on the cards at this price now.

[turbotrader2] 22/8/2017 19:59

And it's priced in whatever...

[hermana3] 22/8/2017 19:24

So what? It is now Tuesday Evening and we still know FA on this drill.

[ccr1958] 22/8/2017 19:16

So the 5m buy was a sell from Friday .... Oh !!

[hermana3] 22/8/2017 19:15

Turbo,Wish I had 200k at 8p instead of 120k at 17p....

[zhockey] 22/8/2017 19:03

NGMS, we can hope for 3p but I don't think it will happen. Drombeg failure is already priced in and I think 5p would be a very good entry but I doubt that will happen either. Let's see, not long to wait now.

A Barryroe drill will be pretty cheap and logp will have to fund 20% or give it up.

[rogerlin] 22/8/2017 19:02

Article about Maersk Pembroke here. Something to read while we're waiting! Don't want too much delay to our Frende which has more important business.

[turbotrader2] 22/8/2017 18:47

GeezPeople need to calm down but that last buyer of 200k will eitherNot sleep tonight OrMake a shed load

[papillon] 22/8/2017 18:44

Very true, turbotrader2.

[papillon] 22/8/2017 18:31

Apologies. Didn't see that the 5m trade was from Friday. DEFINITELY a sell then. The seller probably knows no more than the rest of us.

[papillon] 22/8/2017 18:26

Apologies. Didn't see that the 5m trade was from Friday. DEFINITELY a sell then. The seller probably knows no more than the rest of us.

[stockriser] 22/8/2017 18:10

Are the large trades a case of one insti passing over to another??

I'm not sure but seem to recall this happening once before - a holdings RNS may reveal all!

[notaskanger] 22/8/2017 18:04

If it truly is a sell from Friday, and looking at the range for Friday it looks like it could be, then the seller was well and truly SCREWED.

[ngms27] 22/8/2017 18:01

zhockey, if Drombeg works then PVR could go it alone on a Barryroe appraisal like they started to for Druid, if Drombeg fails they need a partner. That's 5 years waiting isn't it?

Regarding getting back in if Drombeg fails I think 5p would be expensive, I'd think 4's are definite and 3's a good possibility.

[andinvestor1] 22/8/2017 17:59

That large delayed trade looks like a sell @ 8 pence: £400,000. Not the best end to the day after my top up earlier!

[zhockey] 22/8/2017 17:56

I think we'll see a well at Barryroe next year which will appraise the contingent reserves and explore the Jurassic. That's gotta cause some excitement

[zhockey] 22/8/2017 17:41

Yeah exactly, he wants in at 5p for a quick double up on the bounce back.

[notaskanger] 22/8/2017 17:36

bump. 18 august, so from last friday

[ride daice] 22/8/2017 17:34

Zhockey....The statement that a failure at Drombeg makes the South Porcupine Worthless. You wouldn't expect that from any senior player in the industry at this stage so why would you believe it from Jonny who knows SFA ?

[bump3r] 22/8/2017 17:33

5,000,000 after the buzzer