Providence Resources Share Discussion Threads

[papillon] 20/7/2018 16:26

Nice little rise for LOGP near today's close. Didn't TOR say the APEC farm in/out deal would be closed early in Q3? Well I take early Q3 as being July. News soon, or is it just TOR over promising again?

[raisethestake1] 20/7/2018 15:09

I knew I recognised that birthmark on Juniors head. Just like Gorbachev. He kept in well hidden with the hard hat in that latest photo down in Cork port.
Let's get this thing signed and over the line. I reckon the Chinese are trying to do a bundle deal. Can't really blame them. I'd do the same myself. A week or two for news I feel. I'm getting an it itchy palm.
Happy Friday to all.

[steelwatch] 20/7/2018 14:18

Fake news!

[itsriskythat] 20/7/2018 14:04

More likely there's some Russian involvement in the price fixing of Providence and Lansdowne, but you'll never be sure.

[raisethestake1] 20/7/2018 12:37

Last post of course in jest. The one bellow it no. These large IIs and one in particular will have a controlling 2nd agenda. Far from squeaky clean. There is a lot of corruption in this world.
Price has not been allowed past the last placing price. I am no longer under water here myself after years of following this to the bottom so I no longer have that factor as I view this share. Look at what we have now with the Chinese (better this deal than none) getting this on the cheap. They recuperate PVR and LOGP share of costs and could well get their own share back off their options @ 12p. Chinese can't swing the market but I'd be a fool to think that the big American Institutions can't. Look at the carry on in all the major World recessions and the lengths that they are willing to go to.

[papillon] 20/7/2018 11:57

raisethestake. Re your post 55602. I take it you're joking? If not you must be some kind of conspiracy nut.

[raisethestake1] 20/7/2018 11:46

Showing, 16%up on the Iseq Irish side. I knew I could move it up using all my physic forces

[raisethestake1] 20/7/2018 08:59

This has got to start moving soon. I wonder who is giving the MM their instructions on this one. Hint big American outfit that has nasty nickname and starts with an early letter of the alphabet. They were told not to leave it past 12p.

[riley9] 20/7/2018 08:45

Very nice rns, like the bit about 'we know why it had gone, and that issue isn't there on this one'. Very promising indeed.

[hermana3] 20/7/2018 08:36

Marketmakers inching her up. Newgrange and Dunquin to use same rig?

[hermana3] 20/7/2018 08:32

Now we have Barryroe,Dunquin and Newgrange drills for 2019?

[isef0001] 20/7/2018 08:08

Mirabeau: Agreed. Now lets see a rig contract and drill date!

[mirabeau] 20/7/2018 07:15

This looks encouraging

[itsriskythat] 19/7/2018 09:12

"Ratification of the farmout is key to unlocking the share."

Some similarity there with Savannah Petroleum. Both with a large institutional shareholder base and nil price movement.

Expecting news on completion and ratification of the Seven Energy transaction by the Nigerian government any day now, and Providence awaiting news of ratification.

Not there's any other similarity, one operates in an oil and gas industry friendly country and the other ..

Most interesting to see if final ratification helps one or the other's share prices.

[1cagney] 19/7/2018 08:47

Strange transaction on the Dublin exchange this am. 5 shares @ 15c. A 30%+ lift on yesterday's 11.5c.

[hermana3] 19/7/2018 07:36

Jonny, The tall guy in the tan pants looks our man. Dont see anybody who looks like JOS but guess he wouldnt want to miss an outing in his beloved Cork. Cant see a baldy lookalike either but he could be in disguise or even drag.....

[funtimejonny] 19/7/2018 07:00

Nice photo bit could not identify all the faces. Was Steve Boldy there ?

[cephalosaurus] 18/7/2018 23:53

Ratification of the farmout is key to unlocking the share, imo, no-one dares to believe until then, due to the farm out taking 6years to come to pass. It was expected sooner, so the waiting for Godot factor has held the share price in limbo for what seems like an eternity. People just don't believe it until it finally happens. Not surprisingly really.

[hermana3] 18/7/2018 23:19

1cag, Time will tell if the market will reward farmout. Farmouts are one thing but the market wannts drilling success and they will get it here. A Newgrange farmin would be a plus particularly if it is serious outfit.

[1cagney] 18/7/2018 22:42

Herm, judging by the share price lack of movement recently, am I the only one who thinks that a signed deal (in itself) is not enough of a catalyst and that we may have to wait for the Newgrange farm-in and/or drill starting to turn in Barryroe before there is any share price movement of significance ?

[hermana3] 18/7/2018 22:05

Nice big delegation at Cork. Need deal clearance for things to take off....

[1cagney] 18/7/2018 21:48

Interesting article with TOR in today's Irish Examiner..



Not sure about the £1 Herm / ZH, but it's nice to dream

[hermana3] 18/7/2018 20:37

Zh, Every chance. Barryroe drill and Newgrange drills in 2019 and if both come in to expectations £1 will be ours fro de grabbing..............

[riley9] 18/7/2018 15:28

A lot higher than it has been for the last few years.