Providence Resources - PVR Stream Log

throw throw throw!! arrrghhh...

Hi Mamms, my opinion is that they are backing shulemberger not TOR this time round. hence the money is to be used to drill druid and not barryroe. i hope there is actually oil out there and not a dud like dunquinn. else we are definitely bust. last through of the dice no doubts.

They are a shower of liars no doubt. Yes it is there in black and white. Well needed to confirm there is no compartmentalisation. First time it has been said though yes jimmy said as much. so even in that presentation he had with the oil man he said there was nothing wrong with barryroe - again that was a lie. transocean was a lie by omission. melody - we have renegotiated the loan was a lie. a deal is imminent - another lie. over and over again. he wouldn't know the truth if it jumped up and bit him.

Whitegate Oil Refinery is understood to be sold. Looks like it may only be used as storage, which would mean that jobs would be lost. A good incentive for the government to see Barryroe opened up as a oil field. [link]

That kind of valuation & risk makes this share price very unattractive.

Thanks Mamms for the feedback we live in hope i guess.

If Druid was to be drilled successfully & 3 billion barrels of recoverable oil were actually discovered what would the company be valued at? I understand thats a lot of ifs.

I would say RNS info would be more accurate regarding director holdings, they have the obligation to disclose through RNS

wow! all the directors must also be members of the audit and remuneration committees. - explains a lot..

While ISS recommends that company boards should have at least two independent non-executive directors, excluding the chairman, no-one on the board can be classified as independent, it said.