Providence Resources Share Discussion Threads

[billcn] 10/7/2019 08:42

No RNS yet. Should his be published today ?

[hermana3] 10/7/2019 08:23

Are we take it that the $10m is squirrelled in Exola bank account?

[hermana3] 09/7/2019 19:25

Hoping for a survey site date with RNS early doors

[billcn] 09/7/2019 19:03

1Cagney.
Thanks

[druidinvestor] 09/7/2019 18:56

If JIC are not providing the funding directly or indirectly, then what is the point of them being in the consortium?

[bump3r] 09/7/2019 18:44

DruidThe RNS doesn't explain who is funding APEC. Not do we know who owns it.They have a strategic relationship with JIC but it doesn't say that they are bankrolling them.

[1cagney] 09/7/2019 18:29

Billcn, funds were due to be lodged in PVR's Bank today. So 7am RNS tomorrow. Only waiting on survey permission and then we drive on.

[druidinvestor] 09/7/2019 18:24

Pap, this is why I get annoyed at some of your unfounded comments such as the funder being unable to raise the cash. The information isn't difficult to find. All the details you need about the funder are in the original FOA RNS:



JIC themselves are a subsidiary of state owned China Investment Corporation who have US$810 assets under management. If the cash doesn't get paid it is not because the consortium can't raise it, it would simply be that they don't want to pay it.

[papillon] 09/7/2019 18:07

Urraca poses an interesting question on the lse PVR bb when he wonders who APEC's funder is? tidd83 replies that the answer "is in the RNS" (which RNS?) and further states APEC's "funder is Chinese state owned JIC".

Can anybody confirm tidd83's statement by quoting from an RNS? Only I can't.

[billcn] 09/7/2019 17:44

Anyone know if we will be notified tomorrow that funds are in the bank.?

[steelwatch] 09/7/2019 16:44

Sure you're right GD. Another solid day here on the Long March under Mau Tse O'Reilly.

[greatfull dead] 09/7/2019 15:30

Will it be an early door RNS!

GLA,
GD

[1cagney] 09/7/2019 14:18

Jam, that sounds more poetic :)

[jam2day] 09/7/2019 14:07

How about "pogue mahone" as an alternative
Edit
Or for the pedantic Pog Mo Thoin?

[1cagney] 09/7/2019 14:02

Abu, apology accepted. I have no opinion on KMA

[abudhabi123] 09/7/2019 13:41

Cagney I apologise if I offended you and others if you thought I was being vulgar. KMA in your opinion is not vulgar.

[1cagney] 09/7/2019 13:04

Abu, politics aside I also find your language quite vulgar. Is this meant to be a fossil fuel bb?

[phoebus_av] 09/7/2019 13:02

Possibly. I actually think the granting of the site survey permission will see this rerate to a new range as the market will see it as confirmation that the 5-7 well drilling campaign is definitely going ahead.

[r9505571] 09/7/2019 12:52

Yes I guess there will be buying opportunities right up until the rig arrives in Q3. Will sit tight over the summer and pull the lever closer to the time

[phoebus_av] 09/7/2019 12:40

r950, you should ignore the fall from 8.5p as it was impossible to buy in quantity anywhere near the lows, in fact it wasn't until the share price was almost 10p that a decent amount of stock became available. It's almost as if last week's dip was engineered to put people off buying the subsequent rally by painting a low price on low volume making them think they've missed the boat when the price suddenly corrects upwards. Seem it many times before.

[cephalosaurus] 09/7/2019 12:33

Money in the bank?

[r9505571] 09/7/2019 12:04

Ballix. I may have missed the boat here. It was some bargain at 6.5p last week!

[abudhabi123] 09/7/2019 10:44

Thank you steel...and Mr Fiachra accused me of using "extreme terms"...he is as much as a hypocrite as the butcher of unborn children.

[abudhabi123] 09/7/2019 10:25

fiachra...that is new to me what is KMA?