Providence Resources - PVR Stream Log

Might be more profitable to dilute shareholders who are buying at high price in expectation of what they were told that to get oil from offshore

It may be the case that there were those who who knew what was ahead and those who were misled to believe something totally different lay ahead like taking candy of a child (signed, close, imminent, before Christmas early in New Year)

Nows the time for a Torexit. My money stays in my pocket while the balderdash continues. Message thanking shareholders says it all. The smugmaster strikes again. Its like water off a ducks back to him. He will do it all again next year. He is due a champagne year with all the new cash. 1st class all the way. Step down at the EGM please .

The high of £7 is now I think equivalent to about £1.10 way below my average. If I'm not mistaken Davy were upbeat when I bought .

Hi Spuddy, you been quiet since the announcement but you are upbeat, last year we lead to beleive deal is in offing because all iis participated now back to square one. In a years time will know where we will. Looks like you are opting to dilute aggresively has your average fallen below 1 euro now? Am bit cheesed as our leader converted 5 gbp to onea penny in 4 years. The great magician

I think you are right on that Spuddy. Hopefully we will hear something in the next few months as regards Barryroe, but I will not be holding my breath on that one. Having said that, the fact that the company is now financially independent puts them in a much stronger position as regards doing a deal on Barryroe.

I tend to agree with you Spuddy. It would be great if there was something announced on Barryroe before the placing, at least that way we would be able to claw back some money. As I say, I do believe that it will work out in the end, but when that will happen is anyone's guess. I do not have any shares in Lansdowne, but I sincerely hope for their sakes that something happens soon on Barryroe.

Shadow: It is hard to know what to do Shadow to be honest. What I have learned in the last number of years is that this share is really only for the big boys, and the small investor is just chancing their luck, hoping to get in at the right time. Is this the right time? Impossible to know. As for taking up your share holding, I would be fairly sure we will be able to buy cheaper on the open market in the next couple of weeks, and of course there is the memory of having invested in the last share offering. Looked like good value then. I think that this share will come good some day, but it would look very much like the big investors will be in complete charge. What am I talking about, they will be in charge in a couple of weeks time. The best and worst thing about human nature is that hope springs eternal.

Only if we will see ever some Irish oil,,,,,,,

I would have expected for plan to be more advanced after so long in suspension