Providence Resources - PVR Stream Log

That's great news, a deal done and money in the bank by the summer, I must have missed all that, don't know why I was concerned

Loan is due till summer and at that stage money in the bank and money from transocean will settle it. SP won't be undertaken unless Barryroe is agreed and money in bank from it. So PVR can sit on this asset if needs be and wait till someone wants it enough. Thankfully there is a deal done though so we just have to wait for the finance

with you there Alphabravo its being played as are we

From the response Spuddy received from PVR, they state that the potential famines capital plans extend beyond Barryroe...I am reminded of the notes from Boldy of LOGP at the AGM when he stated that the farminee was looking at a regional approach to BR possibly involving PVR, LOGP and FAST...this could be much bigger than just Barryroe...just a thought... this is definitely being manipulated down in my view...

Well this is another fine mess TOR. Why am I surprised this time?

were Netherland Sewell bribed???

Davy did a valuation a few days ago that put PVR value at 17 times the current sp. This is what worry and panic do. Sure look at smurfit Kappa. Could have picked that up for a euro a share. Now 22 euro.

This I think is based on expectation theory. With weak interest in buying PVR shares is does not take volume to dump the price down. Then you buy it all back at a lower price over a few days. Picking up the shares of the small shareholders who either are panicking or fed up.

at this price surely it is cheaper for sequa (who crucially have never denied an intention to farm in) to buy pvr than to give them cash upfront. feck.

we are being dumped on from a height. institutiaon selling i guess. god this is gut wrenching.