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RB.... because last monday was a bank holiday in Ireland the RNS would not issue until tomorrow am ... of course we may get a surprise to say funds are in place....
Intra day RNS?? Another push back? It's double or quits here this week.
Nothing so far
well the bod must be in touch with the Chinese they must know if its on its way or not.
Yes Rock although update could be expected on Tuesday.
Hopefully tomorrow ...the funds will arise and 3p plus....
Agree, increased here: should have the transfer completed this week. Still it is more than feasible for PVR to farm out half of their position in Barryroe creating more complexity in terms of operator. I very much doubt that more than 50 cents per C2 bbl would be offered at this stage though.
Let's hope they land tomorrow
Let's hope we see the funds on Monday .... and that the Chinese were only waiting for the issue of the permit before they would give the go ahead to HSBC to release the money... imo...Let's face if PVR/LOGP got several written correspondence from both HSBC and the Chinese that the hold up was only regarding the transfers and that they were shown a remittance from HSBC then surely there would be a legal issue if the money does not come through ...just my thoughts...
This news was priced in yesterday
Strange to see this down, but then again this is AIM we are dealing with and the market is looking particularly red today. Patience tested to the max with Barryroe, let's hope it's worth the wait.
It must surely be delivered next week.... this constant delay and pushbacks are playing with these companies futures and their investors... China is screwing about
Well the permit news has corrected the share price to some what but the funds haven't cleared yet and why its has some investors the jitters, once we get that rns with funds cleared I expect it to climb to 4p which will be cheap as chips on drilling.
The big money will come in once we have that last piece of news
Agree Phoebus.
That's funny, because it was the piece of news I was waiting for and I guess APEC was waiting for too. It was the withdrawal of this permit that caused all of the problems in the first place and now that's now sorted we can finally get on with business. GLALTH
Plenty buys coming in.... hope to get news of money received next week and this can get onwards past 4p
he's changed his tune a bit. This week he's saying it's a 'big if' if we receive the funds. Last week he was saying it's probably that they've got clogged up in the banking system
… Providence/Lansdowne
A Barryroe update this morning but whilst it is good news it isn’t the piece we are all waiting for. The good news is that the Minister of State has given permission for the JV to undertake a seabed debris clearance and site survey over the Barryroe field which will commence next month if, and it’s a big if, they receive the moulah from the Orient…
Now we have the site permit and if/when the funds arrive, what are the next steps from here? By that I mean are there any more hoops we need to jump through with the Irish govt before drilling can begin? Any more permits to be issued?
News on money will drop either today or Monday can't see another extension now permit sorted. Think share price is people waiting for confirmation of funds but I'd guess you really don't want to miss the timings as it clearly will do significantly better on rns.
Sp is up only 1.2% !
Highlander, the Marine Notice was issued on the government website yesterday and from the way it was worded it was obvious that the site survey permit had been issued. The LOGP and PVR SPs only started to move a few minutes after someone posted the link to that document on the ADVFN PVR and LOGP boards. If you were quick enough to spot the news that was in the public domain you could have bought in at the bottom ahead of this morning's site survey permit RNS. For once members of the general public had the rare chance to get in ahead of the curve. Quite the oppposite of insider trading.
Im expecting some decent buys before close and a nice tick up in SP... news Monday funds have arrived puts 50% on this
highlander what are you on about there has been no insider trading at all Logp are not a leaky ship
get the traders out of the way first