Providence Resources Share Discussion Threads

[riley9] 22/9/2017 22:04

For as long as tor is a part of this company the share price will fall. tor must go, and leave it to people who know the business.

[jusmasel99] 22/9/2017 13:37

Nexen have tender out to drill porcupine next year hxxps://achilles.com/images/locale/en-EN/communities/FPAL/pdf/supplier/Forward-Workplans/FPAL-Forward-Workplan-Nexen-Q2-2017.pdf

[funtimejonny] 22/9/2017 13:21

Have a nice trip!

[steelwatch] 22/9/2017 12:44

Ftj - re: Acquisition of exploration and evaluation assets (10,861)

They haven't broken it down. Maybe you could seek clarification?



Off on holiday shortly.

[funtimejonny] 22/9/2017 10:39

Hi GD. I visited the Earl of meath 's stately pile outside Bray earlier this year. I see he is number 7 on the list....

[greatfull dead] 22/9/2017 10:12

!!!!!!!!!!!!

[greatfull dead] 22/9/2017 10:12

Ftj,

Blame the loaded people who own property in Co.Wicklow.

hxxp://www.independent.ie/regionals/wicklowpeople/news/mcguinness-the-richest-person-in-county-wicklows-wealthiest-revealed-on-rich-list-27739098.html.

ATB,
GD

[funtimejonny] 22/9/2017 09:43

All good stuff Steel. Am I right in my understanding that they have forked out about 10.6 million to increase holding in Kish to 100% ? Seems rather a lot of money given the likely opposition to this project going ahead.

[the stinger] 22/9/2017 09:30

May go to 4p,,,however takeover for me ... maybe 15/20p.. share price now is disconnected. ToR maybe forced now...

[stockriser] 22/9/2017 09:19

ROCK BOTTOM - I would say!!

[zhockey] 22/9/2017 09:13

Rich, 5p was always on the cards, I said I didn't think it would go to 3p.

Yesterday smelled like capitulation to me. Folks talking about only having 15m cash was total nonsense. Barring unforeseen bad news I think we've seen the bottom.

[richie666] 22/9/2017 09:10

V wise words Stinger. I have been buying here precisely on that thesis and/or Barryroe actually getting proved up and then farmed out. Either way I see 1-2p downside and 20-30p upside.

Just wish ToR would do the right thing and find a backbone.

[offerman] 22/9/2017 09:04

Spot on Free/Stinger.

[the stinger] 22/9/2017 09:00

Probably be taken over now at these levels..whats the point Total/Cairn or others farming in now...may as well have the lot,,, along with some cash and tax rebates thrown in to...

[jotoha2] 22/9/2017 08:54

Surely this confirms that Irish based companies are not very good at running companies like this , not one winner in many years.

[freelunch] 22/9/2017 08:43

Lets be honest only in AIM could you survive this. Its very simple really I dont blame him for anything but Barryroe. He cannot get a deal and surely thats all we need him for. Right back to sleep again.

[richpassi] 22/9/2017 08:14

Only just read yesterday's board, so pleased to see so many people sticking up for Tor ! It does make me laugh :) I remember a while back whilst being entertained by the banter that some wise people said this share will go down to 5p, others folk said No Way , now we know who was correct ! And apparently Tor IS still great . Keep making I laugh ! :)

[zhockey] 22/9/2017 08:04

They can re-enter the Drombeg well, probably why they are taking care on the p&a

[jusmasel99] 22/9/2017 04:21

Diablo is underneath Drombeg and Druid and was thought to be the possible source but it is far deeper - you could probably multiply drill costs to date by three to get there - unless of course ......

[neo26] 21/9/2017 22:36

spuddymadrid

i agree 100%.

[zhockey] 21/9/2017 21:03

It's in the same spot as the well and elsewhere, it's a large area

[rogerlin] 21/9/2017 19:44

"TOTAL having an option to assume operatorship at FEL 2/14, which contains the undrilled Diablo prospect".

Is Diablo in the same place as Druid/Drombeg but just deeper or it is somewhere else in the licence does anyone know? Presumably Total will know by now if there really is bitumen in those cuttings, because if there isn't they surely won't take up the option.