Providence Resources - PVR Stream Log

Article in independent is same old story from TOR he is keep changing goal posts, would be quite interesting to see year end statements with more biscuits. Unless existing capital is protected company will evapororise into thin air, each of his visit to other places will easily cost to company 5000 pounds at our expenses when all of us bleeding. Will he ever keep his words... all of us need to demand their pay cuts by 70% and preserve capital for 2 more years

Spot on sharemate! We can't afford to pay all these wages for another year in return for nothing. What has been accomplished in the last 3 years...

current management is throwing carrots for 3 years shouldnt give them more time, heads need to roll off

only option for pvr to survive from the brutal fall of oil price is to remove all executives n staff except one or two and stop farm out negotiations until days are sunnier. in someone its good as the company still not producing oil n experiancing losses from that front if cost to extract oil exceed market price. d

The Barryroe dream where did it all go wrong Tony?

Can someone on iii ask Jimmy 1. Did he attend PVR farm out data room if not how did he get the info 2. Which companies he affiliated with earlier 3. If he doesn't hold any PVR shares why is he spending so much energy n time. When there is bad times he sends blogs with more pessimistic views to drag it further. Regarding management not buying stock in open market, they have briefed in press briefings few times their inability due to farm out negotiations which are underway will restrict them due to regulations; if they lie in press briefings won't there be legal implications to mislead everyone. Any comments on this are welcome please

More to the point, dangers of weblinks! Half my LSE post disappeared. Making point that Google showed links to 3 separate websites that all missreport Europa insider, Mackay, purchasing £1m shares, when in fact it was £10,000.

I know this point has being made many times before, but anyone buying a stake in Barryroe will not see oil flowing for a couple of years, so the fact that the oil price is low now, should be theory have no affect on the farmout. What will be price of oil be in a year or two. If oil was one hundred dollars a barrel today, they would be massive interest in Barryroe, which would be a bit mad really, because when it would come to selling it the price could have fallen. As the long term out look is positive for oil, now would be the best time for anyone to invest in new exploration

Sobeit, Sequa share issue (should it be successful) is specifically intended to fund Wintershall, Total and OMV contract obligations. Read the EGM notice

At least we have a 100% agreement among stockbrokers when it comes to a buy rating! [link]