Providence Resources Forum

To get the right "Spudding effect" I just bought another bunch on the ISE, and I am still a fair distance from my breakeven point. Anyone else want to follow my lead?

I am on the cheap version so would defer to @quickttade

Same position with the Ice Max on Marine Traffic

Where is the IceMax? Marinetraffic has recorded a position from 2 hours ago sobeit so she's still afloat...

Sobeit, if you read todays RNS directors intents to issue further equity to raise money, i bet they convert this loan amount to stock options. The behaviour by directors is horrible they are still taking huge salaries and diluting existing shares. IIs is protecting Boldy because he can play to their needs and dilute the stocks. Both pvr n logp is horrible from share holder perspective.

IG no longer allow spread betting on PVR - anyone use an alternate provider who does?

LOGP - £350k loan from major shareholder Brandon Hill Capital.....keeps them in the game..

Malcolm Graham-Wood had this to say about Providence today: News this morning that Providence have finally got the Stena IceMax on the move and is mobilising and will be at Druid/Drombeg on July 3rd will send shudders up the spine of all concerned. This well means so much, not just to PVR and all concerned there but as a frontier well of international significance. Everything now is pretty much in place and the knock-on effects will be felt across the industry should this be a success…

She is making a nice 9.2 KN.

She's on the move