Member Info for magmanus_49

all soaked....

how much to the company then ?

Anyone loading from here on (up or down) here will do very very well.

Looking the current £10m mkt cap......times that by 15 times as agreement gets under way.

Lansdowne and Providence Resources P.l.c. ("Providence") have agreed to Farm-out a 50% working interest in the Barryroe Oil and Gas Field to SpotOn Energy Ltd. ("SpotOn"), a Norwegian based resources company partnering with a Consortium of International Service Providers (together "SpotOn Consortium") to fund, develop and produce the Barryroe Oil and Gas Field.



The Barryroe Oil and Gas Field lies c. 50 km off the south coast of Ireland in shallow water (c. 100 m water-depth) and is one of the largest undeveloped oil and gas fields offshore Europe, with independently audited 2C resources of 346 MMboe and significant further resource potential in additional reservoirs.

The SpotOn Consortium will fund 100% of the Early Development Programme ("EDP") and the Full Field Development.

Payment of costs only on production...so no risk to LOGP.

Looking the Irish economy and the impact Covid has had - this agreement will be a relief to the government. :)

these are not little PI's here...for sure. :)

Many woudl been stopped out by this very sharp move down and getting back in for 50% sweep.

...50% is given....if not 100% back to 2.80.

profit takers out and gone....

accumulate - a lot of large buys today

Tomorrow will be fun, as adding in again.

only matter of time...we bag up here....

buy, add and hold this little gem....

looking good here, added daily buy AM. same again :)

hardly bought anything...all give to us.

yes

looks good, added a few very hard to buy decent size

loaded and ready - more to add if low....

https://www.share-talk.com/alan-linn-ceo-providence-resources-pvr-l-interview/#gs.mawbyu

https://www.share-talk.com/alan-linn-ceo-providence-resources-pvr-l-interview/#gs.mawbyu

....grabed a few here.....

any one selling needs a brain check...../ most have lost to stop raids by now :)

Accumulation....:)

Good to see you here Jav55.

This has been over done, and we are getting cheap shares.....so accumulated, warrants almost done - would buy higher for them to close off, should break through to 2.5p in next few sessions, any further update will be most welcomed.

new highs here too.

churning away....nicely, you can't buy size...buy whatever you can/ add and hold. simples.

Earl..good post..

this is a world class oil reserve, don't let the sp say otherwise

https://www.irishtimes.com/business/energy-and-resources/oil-could-flow-from-barryroe-within-three-years-1.4423686?mode=amp

1.58 ask...ticking along nicely....never sell here. never.