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There is a good chance DCCAE will post the permit info on their website when it issues, pre-empting an RNS. But they might post it afer the market has closed. News on the money will come very quickly thereafter.
BTW I see the two big sells from yesterday have now been cancelled. Weird.
Yeah...I reckon that is the way it will pan out as well
Am I right in thinking that the announcements we're expecting are unlikely to come in the form or a 7am RNS - but rather an intra day one? Unless Tony O'R is checking PVR's bank balance before 7am then arrival of funds is likely to happen during the daytime, and would be followed by an RNS. Similarly the letter from the DCCAE is unlikely to arrive before 7am or after 4.30pm. Make no mistake I'm still checking at 7am, but I wondered if this is more likely!
The Barryroe oil field off the coast of Cork, which is being developed by quoted group Providence Resources with the backing of Chinese investors, could generate $2.9bn (€2.5bn) in taxes for the exchequer over its lifespan.
Analysis by Davy, the broker acting for Providence, said the tax take from Barryroe could peak at more than $400m a year towards the end of the next decade. The $2.9bn figure is an estimate of the total taxes that would be generated over 16 years of production from the field from 2024 to 2040.
https://www.thetimes.co.uk/article/barryroe-oil-field-to-raise-a-slick-3bn-in-taxes-for-exchequer-9306rfx2r
...and i hope im wrong....is the current basket case Irish Government. They come across as absolutely useless and the traditional opposition are in bed with them. They take great pride in being so "woke" and they're capable of doing anything frankly......particularly at present with ongoing Brexit tensions. I hold here so hope im wrong. Will buy more if matters go to plan. GLA
https://www.offshore-technology.com/projects/barryroe-oil-field-north-celtic-sea-basin/
…..buying has picked up in the last hour..... do they know something we don't?.... permits...funds????
...follow the money as they say!!
Hi Hendi2...I honestly have no idea as everything depends on results long term.... short term my guess is permits and cash secured by our partners should have us way past 4p.... just my veiw
Big bench - i bought LOGP as a trade but if you dont mind me asking where do you think the sp will be in 6months? I need to do more DD but a guestimate would help -thanks
That's a lot of buying gone through at 2.20p.
Nice one. Mine's chilling ready. Looking forward to a liquid breakfast. ;)
Beers on order Phoebus.
The fact that the document provided is an actual HSBC doc (rather than one produced by APEC's funder) gives a lot of comfort.
Should be 10-15% every day till confirmation
This news Could hopefully get this moving now!
When the permit issues, the funds will miraculously materialise.
should start rising now
May have to get a few of those Phoebus.
Looks like funds are moving as we expected and all good on the permit news.
I've never liked HSBC BAnk.
Phoebus and Santé to you! Hope it gets opened this week!
Look what I saw in TESCO today. Guess it's missing an e as the environmentalists have been sent packing. Had to buy some ready to celebrate permit issuance RNS. Here's to an exciting week. GLA
https://digitalcontent.api.tesco.com/v1/media/ghs/snapshotimagehandler_2041825687.jpeg?h=800&w=800
Yes good luck Rocky. Had a rummage down the back of the sofa to shake out a few extra quid for a cheeky top up myself. Only managed to get 17k odd (shares not quid), but what the hell.
Good Luck Rocky! You've got to be in it to win it!
And you've been in here a while!
Just bought 250000 @2.08p and it shows as a sell... again its under the mid price...
Yes easy money once the funds and penrit all gets sorted.