Here we have it. Jimmy comes on talks down the share price spending a lot of time doing so and then he tells us that he has no shares. It seems like he has a lot on interest in seeing the share price drop. I wonder why. Seems like excessive interest in a company whose shares he does not own. Wonder does Jimmy spend so much time on other company bulletin boards or is it just a thing he has with Providence
Jimmy I Have a question for You. Have You any shares in Providence Reaources. If so why ?. If not why do you spend so much time enlightening us all with your positive comments. If You Have no shares it is Very hard to understand why you spend so much time creating shareholder dispair here. On the face of things it appears like you are happy to see the share price drop because it validates your statements. Given that you talk a good talk please do the following. Tell us why you are interested in Providence Resources and tell us what your strategy would be to resolve all these problems you have mentioned
hello Desperate. Totally agree with you. Hopefully the Barruroe deal will be ok and will allow us to get things rolling
TOR commented at AGM that very unlikely to see an offer of below 5 pounds accepted by company as this is where a lot of investors i.e. big players had originally bought shares. Also mentioned the interest from Frence Oil company in a buy out turned down as the offer in excess of three Euros not of interest. Agree with you desperate that things will turn around here.
Thanks Broeflospecu. Think now is a Good time to lower down averages. Believe as well that we will get some good news in comming months. Believe TOR will get a result
Morning Mmmmm. You are correct it is difficult to understand why the take up on Barryroe is proving so slow. It may Have been a combination of things and a case of missing the train. However I do believe we Will See a Deal sooner rather Than later. Believe the new Shareholders Will want a Deal signed. Believe TOR despite being unhappy with SP. TOR said Barryroe is Very valuable, a Great asset with no Tecnical problem. 2 big Oilers in dataroom plus Two PE firms. Also speaking to contractors. Still hopefully !!!
A deal over Barryroe is obviously what is needed. What the future oil market will be like is any one´s guess. However given the mess in the middle east, capital restrictions due to prior bad and costly Oil Project Investments in general and uncertainty over interest rates going forward it is not possible to really say that the Sector will see a downturn in the future. The Iranian situation is uncertain. A nuclear deal may or may not be agreed. Even if one is agreed it may not work. The tension in the Persian Gulf is also an important factor. Given all this surely Ireland has to be a good place to do business. It is also obvious that the larger Shareholders in Providence who are very likely to have more of an insite into what is happening are supporting the BOD. We all have seen our investments decimated but it is still a paper loss. Believe we will still see a turn around in our fortunes
Once again more negative comments from Jimmy. If we are to Believe Jimmy Providence is worth nothing, has no future and is run by a bunch of clowns. Seems Very strange that someone with such a negative opinion about the company spends so much time and effort making depresion us all even further. Jimmy if You Have any shares sell them and save us the negative vibes. If we are to believe Jimmy all interested parties Have been taken for a ride over Barryroe. Must be alot of stupid People around. The Indians nearly paid a billion. Think that Titan People plus all new Institutional Investors Would have taken advice from Oil Experts before investing. We shall soon find out in any case.
Hello there Mmmmm. The oil at Barryroe has Been certified By Internationally known agency. Don't believe they Have any reason to lie. Tor started his AGM address stating that any rumors regarding quality of Barryroe, Technical difficulties etc was untrue. An explanation was given as to what being in data room actually means. There are big players spending alot of time, money and Resources fine combing Barryroe with Engineers, geólogists, accountants and lawyers. Do not believe this Would be the case if Barryroe was as Bad as some on this Board Would Have us believe. Another thing is to debate the company' strategy and management. However I believe we Will get Good news hopefully in the near future
Hello there Mmmmm. Believe negative Comments depress share price given the illiquidity of the market, thin volumes and small free float. This allows Market makers and shorters make a killing. If any potential Farminee or take over candidate is looking at all these comments I believe it does Have An effect. Any 3rd party knows that with Share price depressed they can string the company along knowing that it is extremely difficult and unpalatable to raise money with share price where it is. Given this situation any potential predator can Just sit and wait whilst share price drops lower waiting for the moment to make a low offer. It is not the same raising funding through equity issues with share price at 20p then when share price is at 6 pounds. This adds further pressure on the Company.