Member Info for LONGWAIT

I remember someone here stating categorically that we can expect £1 - £1.50 per gross TCF. If it's in the bag, why is the share price below 40 p, which is about 0.35 of one TCF?

Well done to all those of you who foresaw that Bush & co. would finally be removed. Malcy is displeased by the action - a reaction which cannot be shared by many long-suffering shareholders.

Well done to all those of you who foresaw that Bueh & co. would finally be removed. Malcy is displeased by the action - a reaction which cannot be shared by many long-suffering shareholders.

I do not like it, either. I just re-read Hypnotoad's comment there. He has lost all confidence in PVR, because directors are not buying shares, even though TOR said that this is a great buying opportunity. It's a valid criticism, but I cannot see how he gets from there to the conclusion that the farmout will not be completed.

I too, Your Reverence, but I am too polite to point out the numerous errors I see every time.

If the Barryroe farmout is confirmed and farmouts of Dunquin South and Newgrange are announced, do you think the share price will still be under 12p? Personally, I would not be surprised if it were.

If the Barryroe farmout is confirmed and famous of Dunquin South and Newgrange are announced, do you think the share price will still be under 12p? Personally, I would not be surprised if it were.

Providence holds 26.85 per cent of an exploration licence in Dunquin South. Eni, Repsol and British company Sosina Exploration are the other shareholders. Speaking after the meeting, Mr O’Reilly noted that another multinational, Exxon Mobil, estimated that 1.5 billion barrels of oil, worth $114 billion at Thursday’s price of $76 a barrel, could be recovered from there.

What is a 'Liquidity Event share level '?

If shares were always fairly-priced, there would be no bargains to be had.

As usual, I agree with my friend Double that our friend Cebo is definitely not mad. If anything, I think that with the financing problems apparently solved, and ever-greater estimates of reserves/resources/assets, the share price is far too low.

Yes, Divers. �10 may be achievable. Not sure about the 'easily' bit, though.

Thanks for your reply, Hank. I doubt whether many people would agree with your estimate of $10 p.b., but if the price of oil were to go much higher, maybe they then would.

Well, Hank, there are posters who are more knowledgeable than I, but I know they would tell you that oil in the ground that would not be extracted for many years - and even might never be extracted - would be valued at a much lower rate.

Thanks for that explanation, Double. I have said repeatedly over a long period that I don't see any prospect of a takeover of the whole company.

Thanks for that explanation, Double. I have said repeatedly over a long period that I don't see any prospect of a takeover of the whole company.

Well done, Shedful! You're certainly living up to your name.

Well done, Shedful! You're certainly living up to your name.

Time will tell who is right, but aren't Genghis and Yuyus assuming that HUR will need or be prepared to sell off all its assets cheaply? My guess is that they will sell what can be sold at a good price and keep the remaining assets to play with.

I agree, WT, provided your second 'NOT' is omitted.