Providence Resources - PVR Stream Log

I spoke to PVR and asked about company's health and whether it will be bust etc, there view they are working hard but it's pure market dynamics which is playing against this stock someone might be shorting etc etc. Let's hope it will turn around

gave the buyers a great purchase price for sure lots more buys than sells !

Nice email spuddy, all very valid questions

Man the lifeboats

@ a share price of 57p it would seem he owed them around the £2m mark i suppose. I suppose also that ACC must value them either at or above the current share price if they have accepted them and dont sell them

Anyone know how much TOR owed to ACC?

Very interesting JREwing , if we are to believe Baby why would Daddy surrender 6% of a golden egg when he has access to all that Greek family monies, if it was your family would you not rally around on the short term to keep your nugget of Providence and ALL its potential , the egg stinks with nothing inside for me

Goes back to yesterday's point that the share won't move unless backed up by cash or oil. And we need the cash to get the oil.

It will take money in the bank from a partner, however, to really drive a recovery in the share price.......

Not sure, a lot will depend on what long term price they agree oil will be at. That will give a value to Barryroe. From this they will then agree what portion of this Sequa want to buy and agree a split of the money into cash and the rest into Sequa having to pay all costs etc. So the key will be the oil prices agreed. I also think that the delay over the last few years has some positives as well as negatives. Negative in that the price of oil has fallen, however that seems to have reached a bottom, and positive in that it shows PVR have been holding out for a good deal. I don't see any reason for them to take a bad deal now when they wouldn't six months ago.