Providence Resources Share Discussion Threads

[bullbearshit] 01/10/2019 07:50

Not sure how TOR can stay on that salary after lying to investors. He's putting his own safety at risk.

[rayrac] 01/10/2019 07:47

Too late herm? Nothing left...

[hermana3] 01/10/2019 07:43

Yes TOR put his reputation on the line with APEC deal. Will he go or will he be pushed?

[feelbo2] 01/10/2019 07:36

18 months waisted,.At last Fictional Apec washed down the drain. Given his mismanagement of Apec, backstop extensions and comments at AGM Tor now needs to go. Reckon only reason still here. The Board also been caught sleeping at the wheel.

[raisethestake1] 01/10/2019 07:36

Who can take this man seriously.He did not receive one brass nickel from APEC and they dragged him along weekly from June.He claimed not to know who the investors were at the AGM and he continues to run this company.Hands up who thinks he should go.

[rayrac] 01/10/2019 07:27

Tullow have enough on their plate!

[r9505571] 01/10/2019 07:22

Another grim update

[hermana3] 01/10/2019 07:16

Loads of tax losses in Providence too. Very lean board and sfa management. Cairn,Tullow and even CNOOC come to mind as possible takeover candidates

[hermana3] 01/10/2019 07:12

The only good news is no announcement of legal action against APEC. Throwing good money after bad would make no sense. Plenty of time to get a new partner before year end.

[raisethestake1] 01/10/2019 07:09

What a dipstick.I cannot wait to see the back of him.A bluffer of the highest order.We could have dumped this APEC chancers a long time ago.We are now ripe for a take over.Who would have thought it would end this way.

[ohisay] 01/10/2019 04:24

Providence concentrates on exploring Irish waters for oil and gas, but Mr O’Reilly said he favoured looking elsewhere as well.

“We’ve seen in the last few months that our shareholders’ view is that they want us to focus on Ireland, but I think it would be good to go to other countries as well,” he said.

Whatever next I wonder.

[ken chung] 30/9/2019 23:53

Lemmings and mushrooms only.

[hermana3] 30/9/2019 23:35

Wastie, Money on another extension as Tone said today he still expects cash to come. Wont be a Barryroe drill till 2020 so no immediate urgency as cash raised today will keep the lights on for a while more.

[westmoreland lad] 30/9/2019 23:25

fingers firmly crossed for you Herm, and Steel , plus all you other loyal guys I've
met on this bb over many years. Will be hard to accept the loss of our hard earned cash after all these years hoping for oil / gas for Ireland !!

[hermana3] 30/9/2019 22:59

Sunbed or his reputation? Stay tuned.....

[mcbull] 30/9/2019 21:24

or put his hand in his pocket and buy a respectable amount of shares........what has he to lose if the money is definitely coming. It's hardly a closed period after the AGM/EGM?

[seangwhite] 30/9/2019 21:14

TOR might even resign (after all the money is gone of course) to show he is an honourable person who is prepared to fall on his sunbed.

[hermana3] 30/9/2019 19:46

Potty out for next RNS early doors...

[divmad] 30/9/2019 18:59

Clear as mud, Guns.

[hsfinch] 30/9/2019 14:39

At last...into the 4s and heading for the 3s.

[1cagney] 30/9/2019 14:12

Guns, you may have a point. RNS at 16:30 with Plan B clearly spelled out (assuming the money fairy hasn't appeared)

[gunsofmarscapone] 30/9/2019 13:14

Its clear though isn’t it? What the overall strategy is? I would expect that Providence could be taken over with ease now. Not the case for Logp though.

The question is by who and how sneaky has this game been over the last year? or is it by whom? Grammar anyone?