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Barryroe has an estimated 280 million barrels of deep sea oil
However this is an estimate and has not been proven.
Alan wasnt pushed out of his cosy position he chose to abandon the sinking pvr ship
As he knows Barryroe will never be developed.
Manyana All i heard from finance minister was a speech affirming what the majority of youth(new voters) want which according to fin min is carbon reduction targets including reduction of fossil fuel usage
Ff,fg,greens,sf will not sacrifice their youth voter base by indorsing barryroe project they will continue to import Irelands fossil fuel needs even though it increases carbon footprint they are a shower of hypocrites who will continue to drag their heels at various stages of barryroe development ii know this thus reason why none interested in investing in pvr.
Manyana Shareholders intitled to vent their fustrations from years of mismanagement with this company as for how i see funding taking place unless gov willing to give the go ahead for barryroe development the project is in no mans land and No financial ii will bother lending a brass farthing to the company
Ofcourse the management will probably announce some speil to intice shareholders to stump up more funds to keep the lights on along with finding bod and boards inflated wages/expenses with another dilutive rights issue
But appart from all this the biggest threat to pvr ever getting barryroe project off the ground is the ff,fg,green, sf parties who understand the danger in ****ing off their future voter base..... The youth of which a large majority are against offshore oil/gas developments, Pvr at least 10 years too late in developing barryroe thanks to the Bronze Clown at the helm.
Good factual post from ps200306
Getting tired of the constant sniping between certain members here it seems to indicate they are taking their fustrations out on each other due to the incompetence yet again shown by ceo and board who are unable to get barryroe project up and running no further than the Bronze did sadly pvr looks to be a near dead duck kept alive for the benifit of bod and board at shareholders expense.
Nigels post sums up the Lack of leadership withinn current political politicians in Ireland who continue to hand Irelands economic and natural resorces on a gold plate to their franco/germanic masters leaving their citizens to foot the bill through higher taxation along with carbon tax Scam, Barryroe has Zero chance of Ever being allowed to be developed as long as there is Greens,ff,fg muppets in power.
Irish citizens unlike the french doint protest in enough numbers to gov policies and therefore the gov of the day has an easy ride
Will take a severe winter with shortage of heating fuel and electricity blackouts before citizens start to cop the fck on that our muppets at the helm not fit for purpose abd are only mere messinger girls and boys for their franco/germanic masters leaving Citizens to pay for their incompetence and expenses.
Problem is none of the awoke/green arse licking cross party tds care if increased energy prices are creating energy poverty for Many Irish citizens as increased fuel prices woint hit tds nowhere near as hard as low/middle income earners
Irish citizens need to addopt french model of mass protests objecting to unsustainable emission targets sadly not enough citizens prepaired to make a stand to make a difference and so the likes of barryroe being developed will continue to be a non starter.
None of the Dail clowns want to be seen supporting Irish offshore
Gas/oil development even though such a plan would offer security of supply plus lowering carbon footprint of imported
Fuels, Irish political classes more concerned with appeasing global green awoke brigad abd their franco/germanic masters than listning to reason energy debate
The game is over for pvr.
Yep the three stoogies.
Atomictank Nothing stopping Larry using his pvr stake as a hedge punt play
If it pays off happy days or pvr Liquidate larry will still come out off punt ok
Unlike longterm shareholders who have been dilluted to death and shafted time and time again
By this company.
Larry currently under pressure by having to pay millions more for Beef as the price continues to climb due to tight supply issues in Ireland Larry could be using his stake in pvr as a tax write off if and when pvr goes into Liqidation.
If spoton why no RNS?
A pvr Investor just after dumping over 26 million shares the writings on the wall for pvr.
"The times are a changing"
They sure have changed
Pvr has missed the boat to develope barryroe by at least 10 years, Irelands increasing energy needs will be met by increased imports of oil and gas along with electricity from france interconnector, pvr a dead duck.