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Posts Categorized: Providence Resources
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Providence Resources update – 2019 the value realisation year
We have not posted on Providence Resources for some months as we have been waiting on the Barryroe drill program to commence in 2019. The announcement of the delay to drilling at this field now into Q3 2019 (from Q1) is disappointing but shareholders should not take their eye of the prize that after many, […]
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Providence Resources – countdown to the major drill campaign in offshore Ireland begins. BUY
By Richard Jennings News released on Thursday last week detailing the final terms of the farm in with the Chinese consortia APEC Energy & the consequent drill program at Barryroe was, as is ever the case with PVR, met with a seemingly muted response by the market. On Friday however it looked as if the […]
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Providence Resources Barryroe farm in – what’s not to like?
As many of our followers will be aware, we have not been shy in coming forth with our criticism of the Board of PVR in recent years, in particular re ToR Jnr and his seeming misalignment with his shareholders. In life it does pay to be pragmatic however and it is also appropriate to give […]
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Providence Resources – fabled Barryroe farm-in finally in sight? First thoughts…
By Richard Jennings News out yesterday from Providence Resources provided long, long suffering shareholders (of which we are one!) with real hope that their fortunes are about to be transformed. This year’s drills at Druid and Drombeg were a major disappointment and cut the market cap by 75% from the pre drill peak and has […]
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Open Letter to Pat Plunkett of Providence Resources
Dear Mr Plunkett You will be familiar with my prior missives in regards to the direction of Providence Resources under the stewardship of Tony O’Reilly Jnr. If you have not taken the time to read them, here is the link for you – http://www.alignresearch.co.uk/category/providence-resources/ Stark fact number 1 – as of today’s date (1 Sep […]