Providence Resources Share Discussion Threads

[hermana3] 27/10/2020 09:59

And The £16 ONGC bid that was scuppered.........

[sportbilly1976] 27/10/2020 09:54

looking back at the chart since 2014....20p resistance a biggie, then not much until 60p and afterwards 100p

[raisethestake1] 27/10/2020 09:42

Year high should be hit today

[hermana3] 27/10/2020 09:06

Have heard of worse ideas,Jonny!!!

[funtimejonny] 27/10/2020 09:01

Well that's it then. Must be time to back up the truck, load up and fill me boots!

[hermana3] 27/10/2020 08:26

Well the old family owned paper says news this week so no need to worry...

[contrarymary] 27/10/2020 07:51

You begin to worry? And you only just got here. Lol

[oildubai] 27/10/2020 06:43

Exiting days and hours ahead...!! Everybody in here seems to be super exited, my fingers are crossed too that this deal will go through. But looking back, more and more red lights starts blinking... SpotOn' UK their annual accounts is overdue, their Norwegian website looks anything, but professional and doesn't have any information whatsoever, in my opinion not looking like a company with close ties to blue chips companies. hxxps://shorturl.at/uyNW5 - I begin to worry....

[gooner1886] 27/10/2020 06:39

Wheres this 100% spike!! :-)

[raisethestake1] 27/10/2020 06:21

Bring it on

[contrarymary] 27/10/2020 06:02

Tick Tock!

[aimbagger] 26/10/2020 22:27

Chart setup comparable to OMI's which recently 10 bagged ?https://twitter.com/confluencetradr/status/1320846245045391363?s=21

[gooner1886] 26/10/2020 14:47

This being held back

[sportbilly1976] 26/10/2020 14:44

1mln rollover imo

possible worked buy for 1.25mln too

[sportbilly1976] 26/10/2020 13:53

7.46 for 50k, 7.53 for 100k, 7.65p for 250k

I trust those saying they couldn't buy this morning have now managed?

[roadster750] 26/10/2020 13:18

Wake up ryan and read the news.

[riley9] 26/10/2020 12:47

Load of warrants were recently exercised.

[sportbilly1976] 26/10/2020 12:45

who is supplying all the stock then at such a discount?

[ultrasharp] 26/10/2020 12:35

The PVR and Logp sp's have been going up over the last 6 months, or so, on speculation because if the farm out of Barryroe actually happens then both shares could possibly have further to rise. Of course since the start of April both shares have been marvellous performers. I only wish I had had a £500 punt on both back in early April!! Ah well no good crying over spilt milk!!
Will Barryroe be farmed out? I've no idea, but if PVR and LOGP want a free carry then I can't envisage a scenario where they keep more than 20% of the licence and probably it would be less. Typically a free carry farm out means the original licence holder only keeps between 10-20% after the farm out. That could mean between 8-16% for PVR and 2-4% for LOGP.

[hermana3] 26/10/2020 12:23

Potty out for tomorrow....

[roadster750] 26/10/2020 12:17

current buy price 7.525p 7.4 to sell, so its all buys at the moment.

[hoper2] 26/10/2020 11:43

AIMBagger - PVR's chairman is on a £100,000 a year for a part time job and the CEO's wage seems to be a secret (correct me if I'm wrong). This company makes no money, has no turnover, no proven assets and still pays out 6 figure salaries. You couldn't make it up. The only thing they are good at is speculating about deals that never work out and printing more shares to pay their salaries. That said there are a lot of long term holders here, so I hope the F/O works out so they can get some of their money back.

[aimbagger] 26/10/2020 10:30

How out of date is your info? Costs have been slashed, no big salaries for directors anymore. Alan Linn is a hugely credible CEO whereas under ToR previously we weren't going anywhere. This FO is the real deal, let's see where we are this time next week.

[hoper2] 26/10/2020 10:16

AIMBagger - The chancer's that run PVR have always talked a good game, but the main people to benefit have been the directors with their large salaries. The share price may go higher on speculation, but that's all it is. Recently some people will have made money on the share price rise (good luck to them), but PVR are a million miles away from even proving Barryroe is a commercial field.

[sportbilly1976] 26/10/2020 08:56

IG giving me online quote for 250k at 7.6725p...so definitely stock out there

indeed, playing with size...can get to 500k at the same price