Larry Goodman - BarryroeFri 14:58
Larry Goodman has certainly ruffled the feathers of the various media outlets, another well structured and detailed article has been circulated by Joe Brennan in the Irish Times this afternoon,..GL S
“The war in Ukraine has pushed energy security and pricing to the top of the agenda for governments across Europe. And there are hopes in some quarters the expected publication in the coming months of a long-awaited Government-commissioned energy security report will provide Ryan with political cover to finally sign off on the lease.”
“Ryan’s colleague, Tánaiste Leo Varadkar, indicated an interview last month with The Currency, the online business news publisher, that the main stumbling block in the way of the renewing the licence lies in the fact that there is a question mark hanging over whether Providence has the financial backing to move forward with the next stage of its appraisal.”
“The growing presence of Goodman, with his deep pockets, on the shareholder register may assuage such concerns.”
“It could also provide comfort to Providence, which plans to rename itself as Barryroe Offshore Energy, if it ultimately feels the need to take legal action.“
https://www.irishtimes.com/business/2022/07/01/larry-goodman-eyes-providence-success-but-eamon-ryan-is-stalling/