Providence Resources Forum

I've only managed to average down to 100p and I hold 1m - thinking about running for the hills as I can't afford a duster and an SP of 5p. I thought I might get an extra 10p back during drill but that now seems unlikley, and potential upside on discovery seems questionable at best.

This has to be the worst reaction by an SP to 2x farm-ins and the confirmation of commencement of drilling. I note PMO only added 100m in value after discovery. On a like for like basis if PVR come good that would only equate to 250m being added to PVR market cap subject to success – risk reward not great considering this equates to an SP increase of 2.5x on a 10/1 chance.

it's available on the LSE site, not on providence's homepage yet

The long awaited RNS is out. Good luck everyone!

I spotted the CHC Helicopter flying over West Cork Bantry/Castletownbere this morning at 09:45am approx heading out to the Stena Icemax from Cork Airport. It returned to Cork Airport at 13:20pm approx. Seeing this helicopter filled me with great delight. Hopefully an announcement tomorrow. This is the first CHC flight to Stena Icemax i have spotted so far.

anyone any idea what price will be if it comes up a duster? 5p?

Here is a update from yesterday's Afloat ; Ireland's Sailing and boating Maritime Magazine, giving details of the drilling: [link]

This is beginning to resemble a good investment. Good luck everyone

Price starting to rise now, let's see it break through 18.50 for once and for all

How do companies stop information leaking from those involved in the drill?