Providence Resources Share Discussion Threads

[bump3r] 26/7/2020 21:18

Whilst Alan seems much better than Tony for the shareholders the price here is still in the doldrums.Statoil and Tullow would be good names to add to the development but until I know there is no far east Chinese involvement.......Im on the sidelines.To think I bought £15k worth prior Barryroe spud at £2.20 and doubled my money seems ludricous.

[slippygeorge] 25/7/2020 20:42

Sure its obvious who one of the investors is . First name Aidan guess who that is.

[druidinvestor] 25/7/2020 20:21

It's standard practice. Using somebody's logo without written permission is not a good way to do business.

[hoper2] 25/7/2020 19:46

I've been at this game a fair time and invested in many companies, but I've never heard of names in a deal being withheld because of the use of "logos". I suppose it was only to be expected that the first time I hear it is with PVR.

[roadster750] 25/7/2020 12:57

Thank God, I thought they'd up sticks and run off with all my money.👍

[steelwatch] 25/7/2020 12:17

Glitch resolved:

[aimbagger] 25/7/2020 10:51

It's so that Providence can use their logos on the website/in presentations etc

[hermana3] 25/7/2020 09:59

Road, I an getting The Philips quote for PVR. We are not $44 yet.....

[ultrasharp] 24/7/2020 23:20

What do these "ip rights" entail?

[roadster750] 24/7/2020 18:01

Seem to have lost PVR on the Dublin euronext exchange.

[hermana3] 24/7/2020 17:01

Good end to the week here. This very tightly held share which has a minimal freefloat will move up like a rocket once we get confirmation of the Barryroe farmout partner signing up and the the composition of the consortium operating the drill on behalf of the operator,Spoton Energy.

[hermana3] 24/7/2020 13:11

Somebody is smelling something in the air,AIM and it aint TOR's same old bouts of flatulence anymore.....

[aimbagger] 24/7/2020 13:04

Looking primed to have a crack at 5p herm. Shaping up beautifully after the pullback.

[hermana3] 24/7/2020 12:12

The Spread here is rising like a wee jack russell on viagra!!!! Release The Beast,Mr Linn.....

[aimbagger] 24/7/2020 11:46

Not secrecy ultra, the only reason the "blue chip" consortium members haven't been named yet is because of the ip rights. Once they've got them signed off their names will be released. This could be within days.

[ultrasharp] 24/7/2020 11:43

AIMBagger, why are the "blue chip" companies in the consortium backing SpotOn so shy? Why all the secrecy? They are not Russian, or Chinese, by any chance? 😂😝

[roadster750] 24/7/2020 11:35

Stock now available 4.8p ask at the mo

[hermana3] 24/7/2020 11:26

Road, Yes old Tommy is a pest alright and bet he wants on the BOD too. No chance of this pampered bluffer getting within an asses roar of the boardroom of course....

[aimbagger] 24/7/2020 11:03

As Druid added on the other thread, only a foreign (to Norway) entity can use it, hence why SpotOn is a UK dormant company ready and waiting to be used to access the facility.

[aimbagger] 24/7/2020 11:02

A hugely significant reason for using SpotOn for the FO is because they are a Norwegian based company. As a result they can take advantage of the Norwegian export credit facility which was set up in 2012 offering state backed competitive financing for projects globally.https://www.eksportkreditt.no/en/?gclid=Cj0KCQjwjer4BRCZARIsABK4QeXPuB6Ev1HxzflsMkRebYs6o8DGyYrvLa1aiFMtHE2QY_Q4Sz8GhHgaAvWAEALw_wcB

[druidinvestor] 24/7/2020 10:47

Just to add to Bagger's post re the Norwegian export credit facility. Only a foreign (to Norway) entity can use it, hence why SpotOn is a UK dormant company ready and waiting to be used to access the facility.

[roadster750] 24/7/2020 10:46

Herm, I imagine Tommy has Alan and Pat on speed dial and like ToR will be ringing at 3am to ask whats going on.

[contrarymary] 24/7/2020 10:34

Just thinking again about the x80 value differential. That would suggest Providence in total would be valued in Linn's view at approx £2.5 Billion.