Expect something in the papers tomorrow if there's good news too follow.
Debt here relative to assets is tiny... Will this finally turn good after so much disappointment.
The one good thing about Providence compared to Circle Oil is that their debt is a lot smaller and there is already some agreement to extent the debt. I think that is the key, because if we can hold on for a while hopefully things will turn around.
Circle in a mess. So Jimmy not such a Guru after all. Believe Providence is in a different situation. Company will release RNS in comming weeks I was told yesterday. See Whitegate sale is Close to conclusion. Interesting !!!!. Atlantic Licence second round due next week. TOR was recently in Heuston. Schlumberger have headquarters there !!!. Fingers crossed for the outcome. Believe suspension was to protect shareholders pending Deal conclusion
I doubt he holds any there, looks to me his stakes here is far higher but on other side of the bunch, resulting him to throw as much as muck possible
Imagine Jimmy has got shares in Circle unlike Providence. And Broeflowspecu believe news will be better Than most expect
Spuddy, I really hope at the last hour your optimistic take proves to be correct, if it doesn't then Benjamin Guggenheim's quote "We've dressed up in our best and are prepared to go down like gentlemen" comes to mind.
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