Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Possible Leak from the city according to a poster on adfn points to no deal and another extension if the case expect 1p.
Has anyone managed to get through to PVR Investor relations recently, Good few Investors didnt recieve any answered calls when they called last week,
Not a snot of news in sbp either.
Nothing more than a few punters/scalpers having a flutter on the run upto RNS
Its a 50/50 bet at this stage and if funding is announced investors/punters could easily see 3x from current sp however i would urge caution on run upto rns as a nice little bear trap could also be playing out to simulate news leak to suck in Investors only to see 1p once news breaks on next rns with a No Deal by spotof.
"Quite possibly a few months worth of delays even if SpotOn come up trumps in April (which, it has to be said, is looking more dubious with each passing week)." Totaly agree with this statement PS and to add its Shambolic how management and pr department are continuing to keep Shareholders
In the dark without so much as an update to current situation
Alan and board continue to take a leaf out of the Bronzes book on the way they treat Shareholders.
A question in relation to the following Statement contained in previous RNS
"• The farm-in is conditional upon SpotOn confirming that a minimum of US$ 166 million in funding (the Agreed Funding), for the Early Development Programme (EDP) is in place and that Irish government approval for the Farmout agreement has been received."
QUESTION, Has Approval been Granted by both the Energy minister Ryan AND Confirmed by The Irish Gov YET.
"Apec very impressed with how early Tony can get it up in the morning" I should coco he sure was good at shafting pvr shareholders through his shambolic management.
Would appear there is no one available to answer the phone as the few staff including Alan are away on a search and rescue mission to retrieve the Bronzes dinghy somewhere in the china seas as rumor has it Apec outfit hid 50 quid aboard.
And the vultures circle the carcass.
If the Latter is the case and no bond deal arranged by spot on
And sp does collapse to 1p range
Is the Barryroe field exploration
Licence transferable to any potentail suiter interested in taking over Barryroe Development which could play out as prospective suiters circle pvr hoping to purchaise barryroe
For peanuts.
Something Better change.
https://youtu.be/OQL090FUClk
Now being mentioned on advfn i see, Looking like spot on Currently have no deal in place and the take over option put out there to try stem the sp collapse if the usual no deal rns announced, All rather desperate looking at moment.
Mamms you make some very vaild points with why hasnt broe already been developed and in producting by now if such a good thing
We all know the bronze used broe as a carrot on a stick to intice shareholders to invest and re invest in pvr blowing funds on hair brain ventures along with maintaining his lavish lifestyle
Leaving broe development at least 10 years too late and now we have a green agenda based ff-fg-green gov along with opposition politicans who want nothing to do with Irish off shore
Gas/oil development with the very subject a hot potatoe that TDs play pass the parcel with
And even if required funding is reached the burocratic red tape bull**** along with extension after extension by a green energy department would end up scuppering the deal, broe a dead duck.
Mms playing silly buggers SP heading lower me thinks.