Providence Resources Forum

Boy - reading below you would be led to believe we are invested a monster - Boards sentiments are not shared by market

You are welcome Sharemate

Board Also confirmed all major institutions 100 % supportive and none selling stock. Board do look at Bloggers remarks and are unable to respond to erroneous comments as They are barred from doing so by LSE. This lack of a rebutal leads Many to believe negative blogs e.g. Those related to Barryroe compartmentalization. Institutions happy with Pat Plunkett and recent incorporation of McCoss

Thanks a ton Spuddy; I expected you or your family members to present at AGM. Thank you again.

Was not at meeting but other family members were.

After speaking to most of Board the news appears as follows:

1: Barryroe FO still hoped for with drilling next Year. Super Majors Looking at North Celtic Sea and Providence reexamining Its approach to the basin. Barryroe considerably bigger than initially believed.
2: Another FO of Druid / Drombeg very possible before Spud date. This to give us a free carry on drill for approx: 30% of The prospect.
3: Icemax very efficient. Calculated all in Cost to Providence 18m dollars before Another FO. Board very happy Cairn onboard.
4: Spud date late June. No flaring to be carrried out. Drill and once Oil discovered or not announcement to be made i.e. for Druid and thereafter for Drombeg. Total drill 45 to 60 days. Thus May Have news late July early August on Druid first.
5: Dunquin North. Contains more oil Than originally thought.
6: Dunquin South 3 d seismic to be carried out shortly.
7: Ávalon larger Than Drombeg. Another Company doing seismic survey on Ávalon. Providence do not Know why.
8: Very Big interest in Atlantic margin. Expect Majors to start drilling 2018.
9: Newgrange to be drilled possibly 2018:
10: Barryroe still considered very important and very large.
11: Company cannot comment on bloggers remarks but Comments relating to structural issues with Barryroe untrue. No compartmentalization.

Info from LSE: Today Pat Plunkett confirming Barryroe is bigger than Initial thought and Super majors are visiting. Jimmy you might have tried your best against barryroe and gulp assets for cheap. t

Sounds like a bit of a non-event. Anyone give TOR the stick he deserves?

SP performance is a joke - hopefully it will start ticking upwards once TOR gets his bull.... out of the way tomorrow

So exciting that complemented by the fact oil is up, STG is down - PVR SP weakens

Perhaps today then