Providence Resources Share Discussion Threads

[hermana3] 28/4/2020 21:50

Mc, Would be nice to be drilling again alright.

[mcbull] 28/4/2020 21:01

Looks leaky with all that sudden burst of trading.
Still don't think a drill this year is out of the question as a lot of cheap unfilled slots around especially for shallow water.

[hermana3] 28/4/2020 20:46

AIM, Could be anytime from tomorrow and October for farmout announcement. Could get an update at EGM.

[aimbagger] 28/4/2020 15:38

Farm out news should be any day now, guidance was end of the month ish. Also SpotOn looking to purchase another £200k, been nibbling all day but barely any stock available. Fill or Kill only way of buying any half decent size. Can see a significant mark up when news is released. Dawn of a new era in monetising a world class oil discovery.

[hermana3] 28/4/2020 09:02

Ng, nothing new there.

[ngms27] 28/4/2020 08:53

Dodo springs to mind here.

[hermana3] 27/4/2020 18:50

Tomorrow is D-day for Greens offering. Fingers crossed they get shown the door....

[hermana3] 25/4/2020 09:05

Sure isn't user friendly! Imagine if them tax loving dreamer greens ever get into Governemnt

[funtimejonny] 24/4/2020 19:47

This process sure drags on and on and on...all for the sake of a bleedin survey FFS! Wait until they apply to drill if we ever get that far.

[steelwatch] 24/4/2020 15:46

Update 23 April 2020

Further to the Department request, the Applicant has provided additional information so that a Stage 2 Appropriate Assessment can be carried out. This additional information can be found in the documents below.





The public are invited to make submissions in relation to the additional information until 14 May, 2020. Any submissions received will be taken into account in carrying out the State 2 Appropriate Assessment of the application. Submissions should be sent to [e-mail]

[papillon] 21/4/2020 20:19

Currently WTI is sub US$12 per bbl and Brent is under US$20 per bbl.

[hermana3] 20/4/2020 19:59

Not a bad thing this wont be going into production anytime soon with current spot price.

[funtimejonny] 17/4/2020 11:59

By rights they should get to hold onto a decent wedge bearing in mind the hefty tax offsets the are bringing to the table. Here's hoping it all works out.

[hermana3] 16/4/2020 22:11

Agree with Druid that Alan and The Board will want to hang onto a decent wedge of Barryroe and the shareholders have time and again supported Providence Resources in keeping the lights on brightly.

[druidinvestor] 16/4/2020 15:26

I think that it will be the same as the APEC structure GOM.

[hermana3] 14/4/2020 10:01

Yes there is but they undertook this process and then agreed to payment deadlines and then with the chinese norm of ignoring the rule of law welshed on the deal for reasons unknown knowing that only a misguided fool would go to a chinese court looking for compensation particularly at present....

[sleepy] 13/4/2020 21:17

Is there something called due diligence?

[hermana3] 13/4/2020 20:33

If we believe what we were told APEC were at the very least economical with the truth....

[roadster750] 13/4/2020 19:43

What made you think i was referring to cv,I wasn't.

[cephalosaurus] 13/4/2020 18:42

Well, if you cannot show the provenance of the funds, even if you think you can get whatever you want because you are China, at least there's still some principles left in the UK and Ireland whereby corruption and the passing of laundered money is unacceptable.

I thought you were referring to Corona virus because China will be very bewildered by the backdraft from that, and I hope they enjoy a heavy downfall, massive trade tariffs and anything else that they deserve. What fools want to do business with an authoritarian 1 party state where people disappear for speaking the truth, and corruption reaches the highest levels. Too much kowtowing to China because of the hope of business. It ended in tears once, so they are best avoided.