Spuddy
10 Aug 2016
Evening Haribo This whole thing stinks so much that there must be method behind the madness. Believe a deal in Barryroe ( phased development-appraisal drill) has Been virtually agreed. LOGP was able To raise funds To Pay off Transocean costs with no other asset other than 20% of Barryroe. Believe LOGP will be bought Out By Providence and a deal closed on Barryroe - before Christmas.
Spuddy
10 Aug 2016
Hello Haribo True !!. Cenkos have always been very positive with their valuations. However this time round they own 6.3% of company. They must have been told something they like to accept shares as payment for their services. Also Cenkos would have had to sell the equity rais eto the big institutions. Don´t think they would risk their reputation on top of their money by accepting such a large portion of Providence in lieu of cash payment. Believe that things will turn around here. Even a bunch of monkeys could not keep on making a mess of things
Spuddy
09 Aug 2016
ENI-EXXON: Dunquin South Interesting that the day Exxon and ENI do a major Deal over gas in Ãfrica Exxon pulls Out of Dunquin South passing control of Field to ENI. Maybe Eni asked for this as part of Deal. It Would seem strange that on the day they do a major Deal Exxon Would pull out of Dunquin without ENI being awRe [link]
Spuddy
08 Aug 2016
Institutional Shareholders This time around It is Hard to See M&G And the Capital group not Keeping a Close eyes On things. They own 25% of the company having seen a sizeable chunk of their investment Going to Pay off debt before Any drilling has taken place. So I cannot imagine they invested this Money Just For a wildcat drill at Druid or just because the Like TOR. A story must Have Been told. They will see If the result marches the story. It is easy to see why most in Blogger Board are unhappy and fed up. However even with all the gloom I think things will turn around
Spuddy
03 Aug 2016
Irving Oil [link] Company won't comment on where the oil for refinery Will come From. Bet Barryroe is a possibility
Spuddy
02 Aug 2016
Supply drop Believe this is more likely to be the case 2017/18/19 [link]
Spuddy
02 Aug 2016
Supply drop [link]
Spuddy
28 Jul 2016
AGM Hello Sharemate. Spoke to the Chairman of the board. The company was looking to refinance melody portion with melody but Transocean court case screwed things up. Also thought they would have a deal earlier on Barryroe
Spuddy
28 Jul 2016
AGM Was at the meeting yesterday and spoke to Chairman after. BOD were positive and upbeat. I Would not be so negative as alot of fellow commentators are here. In fact Believe things are better Than they have been for a good while. Yes Barryroe needs some further testing. However It was explained that the side Well test was scuppered By the Transocean debacle With a bad rig. This was Transoceans fault. It was Transocean Who Took Providence to court originally for non payment and not vice versa. Jimmy's view that There May be some faulting inside Barryroe Is Just that a view. In fact the information (New) released yesterday point to no problems with faulting. However the next appraisal drill or rentering this capped drill can Allow for flow tests. Oil quality excellent and no problems with extraction. New info points to Barryroe being bigger Than first thought. Druid and Drombeg massive prospects. Newgrange another giant. Spanish Point in the mix as Well. Bit if patience and some Luck Will See fortunes change
Spuddy
22 Jul 2016
Interview TOR [link]
Spuddy
19 Jul 2016
Will be attending AGM And You Sharemate
Spuddy
19 Jul 2016
Henderson Capital: Hold 5.99 % instead of 7.99%. They bought approximately 25 million new shares. Wondering who is The placee that sought 15m us dollars worth of shares
Spuddy
18 Jul 2016
Pageant: See Pageant has increased its holding to 4.61% from 4.22%. I presume this is post placing percentage.
Spuddy
14 Jul 2016
Hello Sharemate: On Providence Website document results of EGM Says largest placer subscribed for 15m dollars in shares
Spuddy
14 Jul 2016
One Large Placee See one large placer Took 15m dollars of shares. Wonder who that is.
