The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
The current market valuation has huge risk built in.APEC to me looks one step removed from the Chinese supers making it easy to pull away if things go pearshaped.If Barry turns out good,APEC get 10% of PVR so why would they bother with Newgrange beforehand?
Makes you think,if the SP is going back to pre Druid / Drombeg levels - Is there another big drill on the way?
Re "Langer",reminds me of the Irish golf open at Portmarnock 1987.Bernhard Langer,the German golfer,coming up the fairway was met with the crowd chanting" Langer ,Langer" with big grinning smiles on their faces.Of course Bernhard could not believe how popular he was!! Brilliant golfer.
Added potential reserves with drilling of upper Jurassic ....
Price has to be getting close for Helvick and Dunmore.
Hi battle, I understand what you're saying, but what sort of deal have you ever done without setting a date?My only comfort is that the bigger investors seem to be still on board as ourTony would be answerable to them.
Specul8, I can see what he's at, but without a sweetener Barry becomes essentially binary for us.
Thanks stockraiser, wonder did the PVR boiler room poster find his tramps trousers?
Barryroe reads like an extension of the exclusivity period - drilling dates were paramount here !!!!
With ref to other BB postings ,surely price sensitive information would only apply to when buying shares before the SP rises! (Down 20% since January) but seemingly its ok to award share options to the BOD while in the same negotiations!
Ditto granto, the prospect of a farm out has been replaced by the uncertainty of the farmout.This could all change with a rig appearing on the scene.
No doubting Apec got a good deal.Who are these guys , whats there history? With the current POO and an initial target of 30000 barrels per day , we get 70M a year LOGP 17.5M .Our loan would be paid pretty quick and our income rising to 175M before development costs.
A commitment to drill the upper Jurassic would have captured imaginations.Can't find a mention of 2019 drill date Anovas in the RNS -I'm sure you'll prove me wrong. Six years - a hell of a long time for a deal like this...
The rumour of a forthcoming deal had more effect on the SP than todays announcement has had - go figure!
The lack of time lines cast a cold eye on this deal.
Still elusive , exclusive and uncommunicative!
You'd think this share would be fluttering more on the speculation?
I feel like the Black Knight from Monty Python....lost an arm , lost a leg but keeping my head!
Most recent seismics hint at another zone under Barryroe too!
Happy birthday Backinblack, we've all grown old with this share!
Once the POO doesn't go down the loo a deal has to be highly attractive given the location of Barryroe.