It hasn't changed. Look at the volume involved. Just have to wait for announcement or drill to see real value of company in the share price.
The banks control TOR seniors assets now. And for months now they have not moved to sell this stock. That to me tells a big story about the real value of this company. As a bank would usually jump at a cash equivalent asset like shares first and then try sell the property etc.
Linkoping, there is no information on it cause its scare tactics by Mamms
Haha, I know he can't see this but Mamms is as big a joke as that ramper last week. What a load of balls he talks
I would think that pvr will leave the barryroe scene other than to pick up a cheque annually from the operator. PVR will continue with the rest of its exploration portfolio. I would think that they will take some up front payment to fund pvr into the future with the annual share in profits kept in the new company that will be spun off from PVR with shares issued to the current share holders. That way we will have a safe company making annual profits and pvr funded and exploring. TOR will of course be active in this as why wouldn’t shareholders be happy to let him. They can obviously see a bigger picture.
They said a deal was close. Id imagine the deal would need large changes though to reflect oil price change, ie may want pvr to take more of a stake in the profits then a smaller profit share and a payoff. That way its less risky for the buyer.
Deal could be tomorrow for all any of us know
What did PVR delay on? Nothing, If your so unhappy with the board why not sell your shares. This share value is about a sale and until that happens it doesn't matter if its at 1 pound or 3 pounds now. It matters what price it is after a deal is announced.
In terms of information I would love to get more but unfortunately I believe the CEO has his hands tied with that by stock market regulations, similarly that is why no Directors have been buying shares. We recently have seen bullboy ramping the stock but I also believe there are a lot of posters on here who must be making money when the sp goes down as a lot of scare mongering goes on.