Providence Resources Share Discussion Threads

[matt] 12/9/2019 08:16

A placing to buy time for a real long term plan.

[mcbull] 12/9/2019 08:13

sorry, but overseas........which is just as well.

[hermana3] 12/9/2019 07:54

Mc, Are you going to the beanfest this morning?

[mcbull] 12/9/2019 07:44

what a dreadful mess this has turned out to be and now they want 750K to give our assets away to new friends. It makes atlantic res. look like a template to be copied and to fool us again. Disgraceful.

[steelwatch] 12/9/2019 07:44

Newgrange/Goban Spur relinquished GD...more to follow?

[hermana3] 12/9/2019 07:42

Tone to be put to the collar today and he needs to announce a whopping cut to his excessive salary. Enough is enough.

[roadster750] 12/9/2019 07:36

"Our other major focus during the past nine months has been to respond to
the Climate Emergency Measures Bill, which is currently in a legislative
'limbo', but which has already caused significant damage to sentiment
and investment interest in offshore Ireland."
What BS, what response, wtf have they been doing for nine months, someone needs to put ToR on the spot and ask him what this response that has taken nine months and brought the company to its knees was.

[bullbearshit] 12/9/2019 07:29

Whoevers going to AGM please as o'Reilly how much of a salary cut he taking. I'd say 75% would be justified.

[steelwatch] 12/9/2019 07:05

He will be sporting his placement tie with pics of bunnies on it,

[raisethestake1] 12/9/2019 06:56

What colour tie will Junior have the neck to wear today. A satin blue is my guess.He is hardly feeling brave enough to wear red.I hope he gets a good grilling today by the mob.I won't be there as I have to work for a living.Enjoy the cheese sandwich and tap water for those attending.Chesp eggs in Lidl at the moment.

[hermana3] 11/9/2019 20:02

Mc, Wouldn't bet a nickel on him or any other APEC dude turning up. It is the loot or rather the absence of it turning up so far that has all of us concerned.

[mcbull] 11/9/2019 17:16

Would be very curious if this guy turns up.

Christopher Kirwan is APEC’s Vice President of European Business Development. Based in London, Mr. Kirwan is also responsible for APEC’s involvement in renewable energy and smart city applications. Prior to joining APEC, Christopher was employed by the Reignwood Group in Beijing, where he managed Reignwood’s “OTEC” project, a JV with Lockheed Martin of the USA. He received undergraduate degrees in Architecture and Fine Arts from Rhode Island School of Design and graduate studies at the MIT’s Center for Advanced Visual Studies.

hxxps://www.marineinsight.com/offshore/worlds-largest-ocean-thermal-energy-conversion-otec-power-plant-to-come-up-in-china/

[matt] 11/9/2019 15:18

I believe there is a weather window in the survey approval that excludes Dec and Jan. Don't know if that applies to drilling.

One big issue is money and would love to hear how that is presented tomorrow.

Maybe take a set of APEC mug shots with you to see if they appear. Or better still turn them into face masks.

[bones698] 11/9/2019 14:16

That's because they extended the deadline to get their funding away which I predicted weeks before it came out . They were never going to call the deal off and see the shareprice crash them try to raise money as the dilution would have been 3 times worse than it will be now . Even though everyone knows that the Apec money will never arrives now

[slippygeorge] 11/9/2019 14:00

No mention of money

[papillon] 11/9/2019 13:05

That's a good post by RNSTranslater, cashandcard.

Yes, bones, PVR & LOGP are fantasy companies; they appeal to fantasists who dream they will end up very wealthy by buying the shares. Tony O'Reilly may have no talent, but he's no fool. He's got a paltry amount invested in PVR shares, but draws a fat cat salary for running a company with no revenue and a small workload. A guy running an NHS hospital with a multi million budget, loads of staff and ill patients, a heavy workload and tons of responsibility will be earning a lot less than him! Tony O'Reilly is no fool; the fools are the Walter Mitty shareholders who support his jet setting life style.

[r9505571] 11/9/2019 12:15

Anyone going to the AGM to ask pertinent questions?

[bones698] 11/9/2019 12:13

Shareprice will drop as they go to the city money men asking for money and they take their pound of flesh . I'd be impressed if they can raise 10m at 4p tbh given this companies complete failure to deliver anything over the years . Like a lot of aim companies they are simply a vessel to pay useless managers a wage whilst running companies into the ground and getting naive and stupid investors to pay them for doing it

[steelwatch] 11/9/2019 11:45

No doubt the specified 6th Generation semi-sub can weather the storm, but supplying it from support vessels would most likely face considerable disruption to be sure.

[ngms27] 11/9/2019 11:38

They have previously mentioned there is a weather window for drilling ops

[cashandcard] 11/9/2019 10:09

Posted by RNSTranslater on another board;

"Never invest in a company who can’t get other companies to farm in..there’s a reason they won’t...and it suggests that as an investor you know better than other oil companies, as do the management.
Even Exxon require that major exploration initiatives are farmed out...see Guyana...it makes sure the team in question are not smoking their own dope..."

This applies here almost perfectly.


Cash

[hermana3] 11/9/2019 08:38

They drill Newfie all year round and it is as windy as some of those yokes on de poor mans thread....