I don't think so - we've not missed the deadline of 'months' mentioned in those articles yet. These deals always take longer than impatient PIs think. And the s/p has only really gone down today. It's been flat at around 39/40 for ages.
TO'R stated that PVR and LOGP are working together on Barryroe farmout talks, as for news leaking well LOGP have only two full time employees and not even water boarding would make Boldy reveal anything.
Well someone was selling in consistent 15K chunks. PVR up a little - which on a bad market day overall is more or less what I would have expected here. The Barryroe news is what will drive the s/p here - the RNS today was just a side-snack. Not sure it would have taken up very much management time tbh.
"Wish I had your confidence / naivety." Now come on, matey. Get real! They may be a 2 man team, but they can and do employ advisors and consultants!!
Anyway LOGP are bit players with 10% of Helvick. It's PVR's baby. LOGP have said that the farmout negotiations for Barryroe are PVR's sole responsibilty. So if LOGP are not currently involved in the Barryroe negotiations when they have 20% of such a big field why should they have spent any management time on a tiddler like Helvick?
Wake up and smell the coffee.
PS. I'm glad I took a small loss last month on LOGP and bought SEA instead. Still got exposure to LOGP, but SEA has a fast growing software business in R2S that is currently vastly undervalued by the Market.
Wish I had your confidence / naivety. LOGP is a 2 man team. Any initiative of this nature will take up management time and attention. It might yet be a good use of time, if only to try this new technology.....but it is a distraction, as the SP drop indicates
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.