Providence Resources Share Discussion Threads

[papillon] 18/9/2019 21:23

It was 750k of shares, seangwhite, not $750k. The cost of the 750k of shares was £43.88k

[hermana3] 18/9/2019 20:00

Smelling cash here?

[cephalosaurus] 18/9/2019 14:11

Pump? Or not maybe

[seangwhite] 18/9/2019 13:54

Best $700k investment they could make as he and his permavtan are fairly toxic!

[papillon] 18/9/2019 12:57

Phoebus
Posts: 6,234
Price: 5.85
No Opinion
RE: RE: 750K BUY
Today 11:04
Note that all the buying on LOGP was subsequent to that 09:24 trade. Both stocks are going to have a large move higher by the end of next week IMO. Best to take a position whilst it's quiet.

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I see Phoebus is still ramping away! LOL.

[mcbull] 18/9/2019 10:29

leaky leaky, has the money finally arrived?

[hermana3] 18/9/2019 07:15

As the Chinese torture just keeps on coming would an outfit launch an opportunistic bid here? Would be hard to turn a bid down from a well capitalised outfit indeed.

[hermana3] 17/9/2019 20:43

For who? Old Tone or Colin Liu?

[mountpleasant] 17/9/2019 20:29

See the Linkedin profile?
Its a real hatchet-job.

[hermana3] 17/9/2019 19:58

Look like rollovers. Old Tone will once again be setting his clock for 04.30 and someday the $ may arrive(13 more early mornings).

[steelwatch] 17/9/2019 19:17

Summat not quite right with advfn trades data methinks:

[jam2day] 17/9/2019 18:25

2 mln machine gum sells at the bell !!

[hermana3] 16/9/2019 23:32

I see expenses of £360k for basically phoning "The usual suspects" and giving away 10% of company at a miserable 5.1p. Wee Nally will buy a few Cuban cigars and a few racehorses for basically doing the easiest gig he ever did......

[papillon] 16/9/2019 22:38

Fr.Quick
Posts: 19
Price: 5.60
Hold
Against the trend . .
Today 18:48
Almost every oil share I have checked today is up or substantially up . . . except Providence. A consistent sentiment!

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But, Fr.Quick, PVR are NOT an oil company. They don't produce a single drop of oil. They are an oil exploration company and the farm out of their principal, Barryroe, seems to have very serious funding issues. Plus they are in process of raising money via a placing at a discount to the current share price Is it any surprise that PVR haven't risen on the Saudi news?

[hermana3] 16/9/2019 20:12

According to statements at AGM COSL has lots of capacity and that is why it is an ideal partner for Barryroe. CNOOC owns 50% of COSL too.

[1cagney] 16/9/2019 16:51

Herm, if that's the case the COSL Innovator may be better served by upping anchor from its parking spot in Norway (to do some drilling elsewhere)- although the optics of that at this stage would be pretty brutal.

[funtimejonny] 16/9/2019 07:29

Slightly disappointed at today's RNS. Was hoping the bloody funds had landed.

[hermana3] 16/9/2019 07:19

Well with the lengthy consenting process(can take up to 6 months for drill consent to be given) and the preceding funding issue tis a given I am sad to report. Got this info from floor of AGM. A drill in Q2,2020 is my guesstimate at this precipice.

[1cagney] 16/9/2019 00:09

Herm, rhumours of your demise have obviously been somewhat exaggerated. No drill till 2020? Is that an opinion?

[hermana3] 15/9/2019 23:34

Westie,All fine at me end. Was at a wedding and AGM was a tense affair with Tone doing his best to keep ship afloat. Hard to know if Chinese dough will arrive and wont be drilling until 2020 no matter what.

[westmoreland lad] 15/9/2019 20:57

steelwatch
13 Sep '19 - 12:14 - 59422 of 59428
Where's herm? We need your AGM take!

Steel -- getting some what concerned. I've been ringing his mob since the 13th to
no avail. First thoughts were - I hope he ain't gone near that ledge high up in de
serria de Benisa / Bernia . Second thoughts - best bet, he and his second home got
beaten up by recent storms covering a large area from Valencia to way south of Alicanti . Hope he's ok !!

PS -- none of my m8s in the Denia area are picking up mops or house numbers . Just cancelled my out
going flight next week . Carnage out there !!

[gunsofmarscapone] 15/9/2019 19:47

Nipping back to Lowestoft for some tea bags? Trips to port are allowed for in the permission docs btw.

[hoper2] 14/9/2019 20:53

If they sack him it will cost over $700,000 to terminate the remainder of his contract.

[raisethestake1] 14/9/2019 19:15

Kommandor left the site.Looks like we are down to a slimmed down 2 well drill."Ask me in 2 weeks" "watch this space". When will it all end.This had better be finalized either way by the 30th.What a state of affairs.Incompetant mismanagement at its finest.We are only short of sponsoring a round the world sailing yacht race now.Honestly it wouldn't surprise me in the slightest.