Providence Resources Share Discussion Threads

[hermana3] 11/12/2017 10:45

Yeah Pap's de man alright!

[offerman] 08/12/2017 14:23

I sold out most of my pvr apart from my sipp holding. I sold over the last couple of weeks . I totally believe in PVR BR and agree when drill announcement comes then a marked increase in share price will no doubt occur. I switched my investment to Columbus energy as I see further growth potential there in the short term over the next 6 to 8 months. If by some miracle I get my timing right and they go along I will use some of the profits there and buy back in here if they stay down around at these levels. Pap you were completely right what you said about the retraces in their share price but longer term the chart looks great as you said. You called it spot on.

[papillon] 08/12/2017 13:07

Do you all remember that serial RAMPER, harrissen, posting on this thread back in early September? He had stopped ramping PVR by then (which he'd done non stop for months) and had turned his ramping attention to EME. He was ramping EME after the share price rose to a high of 27p. He was giving a £1 target sp, which he then raised to £3, such was his excitement. What is the EME share price today, just 3 months later? 11.50p! LOL

[funtimejonny] 08/12/2017 06:37

Looks like everybody is singing from the same hymn sheet here...SP likely to stay in the doldrums until a firm drill date is set in 2018. Hopefully Lansdowne can cough up their share without a disastrous dilution.

[hermana3] 07/12/2017 18:51

Myles presented this prospect at Atlantic Conference.
Pap, Tis a sleeping giant alright!

[itsriskythat] 07/12/2017 17:44

Providence Barryroe prospect to go ..

[papillon] 07/12/2017 17:03

I to think PVR should be a very good investment sometime in 2018, hermana. When the share price starts to rise depends on when the Barryroe well date is announced. The PoO then will also have a bearing on the share price If the well isn't scheduled to happen until 2019 we could have a long wait for the PVR share price to start to take off; who knows what the PVR share price will be when that well date is announced?

I don't hold PVR and haven't for years, but I'm tempted and continue to follow them and LOGP.

[papillon] 07/12/2017 16:07

Pageant must be showing a big paper loss on their PVR investment, hermana. Neil Woodford had a great reputation, until recently, where a number of his really big investments have collapsed in value. Companies such as RM2 & PFG, to name just a couple. Woodford was known for his stockpicking prowess with biotechs, but a number of them have recently seen their sp's savaged. Consequently his funds have suffered from redemptions. Not saying Pageant will go the same way, but they wont be winners with every investment they make as Woodford fans have found out to their cost.

[hermana3] 07/12/2017 15:03

Enough to pay the top brass! Pageant made a big investment in IT firm this week also. Said to have flogged most of their Datalex by now. They are sharp lads so there could be hope for us here yet.....

[katoema] 07/12/2017 13:14

FTJ, you missed the three farthings off the end!

[zhockey] 07/12/2017 12:01

What's the latest view on how much cash they actually have?

[rogerlin] 07/12/2017 11:53

Surely the 60 business days for the Total and Cairn options must soon be up?

[funtimejonny] 07/12/2017 09:52

Yes. It looks like all the pi's are selling up and Pageant are buying on the cheap. Not doing much for the share price unfortunately.

[currypasty] 07/12/2017 09:14

at least someone is buying!

[hermana3] 07/12/2017 09:13

Some good news at last! Bet they get their calls taken by the tanned one....

[1cagney] 07/12/2017 09:12

SR the question is who are they buying them from?

[stockriser] 07/12/2017 08:03

Pageant increasing holding ;-)

In Share Capital
07/12/2017 8:00am
UK Regulatory (RNS & others)


TIDMPVR


Providence Resources P.l.c. ("the Company")

Notification of Interest in Share Capital

Providence Resources P.l.c. have been informed by Pageant Holdings
Limited on 6 December 2017 that with effect from 4 December 2017;

Pageant Holdings Limited now holds 65,959,260 ordinary shares of EUR0.10
each in the capital of the Company representing 11.04% of the issued
ordinary share capital.

Críona Ryan

Company Secretary

7 December 2017

End

[hermana3] 06/12/2017 16:13

Yes TOR is an exremely expensive statue in HQ! On A grand a day and sfa to show for it...

[riley9] 06/12/2017 16:09

Not excitable at all - simple market demand - if punters keep selling price will drop. Plenty of shares have traded at well below cash value, why should PVR be any different ? Mms won't hold the price at 6p just because that's the cash value - they'll let the market decide, and markets trade futures - with tors salary the cash value is decreasing rapidly.

[hermana3] 06/12/2017 14:06

CP,A wee excitable is life of a Riley! Porti could be flogged off....

[currypasty] 06/12/2017 11:40

surely downside limited to cash they have? 1p seems a little harsh..lol

[funtimejonny] 06/12/2017 10:53

I agree Riley. If the drill is deferred until 2019 then this share is toast. Company needs to make this happen...and keep investors in the loop about developments. We need a positive statement this side of Christmas.

[hermana3] 06/12/2017 10:43

Riley, Agree with your post above. Next 2 weeks are vital...........