I trust this company and its BOD.. It has all gone to plan so far. Financing should not be a problem given the asset they have secured. All in good time. I hope news comes as soon as January be great. Strong Buy.
[link] the down turn is out of PVR hands it is the global oil market knocking the price. 83p is a steal and anyone selling at these prices surely have no balls
[link] interesting article regarding Saudi and current oil prices.. The Saudis short term strategy won't last for long.
For what my opinion is worth I think Ireland is an extremely attractive country to do business in for companies, especially oil companies who are predominately invested in turbulent regions, unstable government and hard to get to resources, plus high costs and taxes. Irish government with all their faults have made it their priority to cater to these oil companies so as to draw them in, for Irelands first oil production. I believe Rothschilds can pull this off, forget about TOR, this deal is with the experts of doing deals, I would also imagine the current oil price is probably not ideal but surely a deal would be struck that might compensate later on when not if the oil prices rise.
Barryroe is too valuable to shelved,, the patient investors will reap the rewards here..news will come either this month or next. I believe the deal is done already..Hold anyone panicking and selling at these prices are sure to make a loss and will regret it sooner rather than later
Anyone easily spooked should not be in this share. It's going to be a while yet I'd imagine the OReillys have everything riding on this, I'm prepared to wait as I am sure the deal when done will be a good one. Hold!
Shareholders need to Hold, oil prices are down globally, I hope Rothschilds and PVR hold off on any deal until they get a good one. Oil prices will soon rise as history as shown us.
Exactly Billain, let's keep this realistic here, shares are sold for various reasons. ORM assets remain the same, an in my opinion a trustworthy pro-active BOD. So focus on that and in a few years time ORM will be producing one of the most valuable metals by the 1000s ton.
Mamms, where did you get the info the TOR senior is actively selling his interest in PVR????