Jimmy presumes that stockbroking community knows more Than shareholders. Would these be The Stockbrokers that had valuations of 20 Euros + on Providence a few years ago. Does anybody else find Jimmy's endless Bad mouting of Barryroe strange given that he has no shares in company ( admitted By himself).
Jimmy is very selective once again. He is An expert on all The negative aspects of Barryroe not missing any detail but he surprisingly Fails or chooses to ignore the positives. Cost of Barryroe is 30 dollars or below as confirmed by Prvidence at AGM. Drilling costs are down 50 % and production costs have also dropped considerably. Once again Jimmy no shares continues to use his valuable time to paint a negative picture of Providence based on out of date data. Wonder is this just a providence thing or does he write about all the companies in The World in which he has no shares !!!!!
If people think that an old dog's bankruptcy hearing is going to change their fortunes here they are clearly delusional & clutching at straws...
Another year almost gone now & absolutely no progress has been made in any form. Highlight of the year has been a share placing, massively diluting existing shareholders shares. Whats to look forward to next year, the awarding of more licences that PVR will fail to do anything with, like the licences they currently hold. What happened to the imminent farm out that was going to be sealed in a matter of weeks or a month that Tony spoke of after the placing... One really has to ponder at how poorly this company is run.
Agreed Sully - a new and unacceptable low!
Think this is Well worth reading and probably why The Saudis expect supply to fall and prices to rise. Also makes Barryroe very attractive for 2019/20 production
[link]
San Leon have a stake in Barryroe, so maybe a little bit of good news for us.
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