Providence Resources Share Discussion Threads

[hermana3] 07/5/2021 11:21

Yes them entitled poshies are a marginally less worse option to them woke greens for sure. Even Trump lover Lafarge would be better than green agenda panderer starmer.

[jam2day] 07/5/2021 10:51

Ask that 8 year old that he flattened when he was displaying his Rugby prowess When he visited a junior school as PM

[hermana3] 07/5/2021 10:42

Wouldn't want to be dependent on him or indeed anybody else for our Energy needs. Getting that unwelcome message into the airy fairy heads of them Greens is an unenviable task. US,UK,China,Brazil and India must be rolling on the ground with unending mirth at the chaos the Greens are visiting on countries such as Ireland.

[greyingsurfer] 07/5/2021 10:14

Boris not play dirty!!

[hermana3] 07/5/2021 09:55

Alan will need to get the market cap up to £95m in a year to persuade warrant holders to exercise their warrants. No better man....

[hermana3] 07/5/2021 09:17

Cep, Wouldn't trust the lazy flatulent yoke with a dead nun! Johnson is no fan of "The Murphys".

[cephalosaurus] 07/5/2021 09:05

Herm, Boris is a lot of things, but I don't believe he will play dirty like the French

[hermana3] 07/5/2021 08:58

Mary, He's got a year to start drilling Barryroe.....

[hermana3] 07/5/2021 08:55

Being dependent on the UK for energy needs is a potential "Season in Hell" particularly with shifty Johnson in charge. Good to see Mr. Linn taking our case to them climate action idealists. It is an uphill task for sure but one worth taking indeed.

[contrarymary] 07/5/2021 08:54

Hopefully he can work some magic and make it so the 9p warrants start getting exercised very soon.

[hermana3] 07/5/2021 08:49

A 74.93% conversion rate is worthy of applause. Alan has pulled us out of the fire again and now needs to continue his considerable fundraising campaign. Onwards and upwards...

[swizz] 07/5/2021 07:27

Another decent amount added to the development funds and also further underlining that there is significant support in the background for the revised plan, good to note,…GL S

[cephalosaurus] 07/5/2021 07:12

More warrants cashed .

And courtesy of Jackspade..

[hermana3] 06/5/2021 21:33

And who will meet the increasing energy needs of these expanding multinationals?

[onehanded] 06/5/2021 07:47

looks like others moving into Ireland as attractive for business with access to EU.

DeepVerge (LSE:DVRG.L), announces the expansion of the data and technology division, Rinocloud, into Moorepark Technology Centre ("MTC") in Fermoy, Cork, Ireland. The facility, expected to be ready in Q3, includes laboratory and engineering production units that will establish a European centre of excellence for real-time detection of multiple dangerous pathogens, including SARS-CoV-2, in water and wastewater systems.

[hermana3] 05/5/2021 22:28

Looks like energy security becoming quite a hot topic so should bode well for prices going forward coupled with lack of investment in recent times.

France threatening to cut off Jerseys electricity might focus a few Irish minds.

[hermana3] 04/5/2021 22:52

Good day for the spot price too closing up nicely at $69.34.

[hermana3] 04/5/2021 21:55

Yes great to see Pat increasing his holding. He is kept busy with Providence and T5. The money from the warrants will be very welcome in the coffers.

[roadster750] 04/5/2021 15:28

PP shows he is still up for it.

[steelwatch] 04/5/2021 15:24

4 May 2021 - Providence Resources P.l.c. (PVR LN,
PRP ID), the Irish based resource development company ("Providence" or
the "Company"), announces that 16,312,108 warrants of 3p each have been
exercised raising GBP489,363.24 for the Company. The warrants were
issued as part of the fundraising in May 2020. The non-executive
Chairman of Providence Resources Plc, Pat Plunkett has exercised one
million warrants which are included in the figure. Providence Resources
has issued a total of 16,312,108 new Ordinary Shares (the "New Ordinary
Shares") to the warrant holders....

....In May 2020, there were 177,973,400 GBP0.03 and GBP0.09 warrants issued
as part of the fundraising. To date there have been 110,332,847 GBP0.03
warrants converted in shares raising an additional GBP3,309,985.40.
There are still 67,640,553 GBP0.03 warrants outstanding which will
expire on the 6(th) May 2021.

[hermana3] 03/5/2021 18:15

thev, Agree that the takeup rate on the warrants will be carefully perused by the markets.

[thevoid] 03/5/2021 11:58

patfishing - agree. There is of course another option available now for their funds.

To maintain development pace and demonstrate their continuing and
material support for the project, Pageant Holdings, a substantial
shareholder, has made an offer to underwrite a capital raise for US$2.5m
at 3p per share. The offer includes a one for one warrant which would
potentially raise a similar amount.

Let's see what tomorrow brings - any further take-up of existing warrants would demonstrate an appetite before they expire.