Nice to know that they are still there anyway Haribo
For what its worth i asked yesterday and they said negotiations were ongoing
JH77, despite the current outlook I still believe the story is not over. With Petronas drilling as we speak not far from Barryroe, I believe there is too much value and opportunity in this company (despite SP performance) to warrant investment or an outright takeover. I think it will be Midleton drill, Barryroe Farmout, then a buyout of either LOGP or PVR or both...just my opinion
The only thing TOR can deliver is share value destruction....
hxxp://brrmedia.co.uk/event/109556/stephen-boldy-chief-executive-officer
Good news with Landsdowne commencing drilling this morning and expected to take anywhere between 20 and 30 days. A good result here will be very good for Celtic Sea and by extension Providence. Landsdowne will be a take over target and whoever looks to buy landsdowne may take a grater share of Barryroe. Also we may get someone to take the drill now at middleton and use it for Barryroe. Surely Providence have spoken to the rig owners as well
At this stage the company should be sold lock, stock & barrel these guys are just unable to deliver.
only about 31k actually traded today. thin volumes. huge drop. highly illiquid stock. still no news on broe. i bet data room is buzzing though. its those free canapes and champagne the shareholders are footing the bill for that keeps 'em coming
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