Member Info for Spuddymadrid

Thanks very much Swizz

Hello there Swizz

I bought my shares through Goodbody Stockbrokers. I have my new consilidated shares in LRES. However I do not have any preference shares assigned i asked the Stockbroker and they had no answer other then

Ask LRES. I do have this entry in my account

27.05.2026 0 Corp Action In (pend) XCI1791401 €0.00 0.00 €0.00

Perhaps if a settlement is made my account will be automatically credited. However I am concerned that I do not see any preference shares assigned. Is thete anybody in a similar situation ?

So I am not sure is this a refwrence to the pref shares, ho

Hello there Howard. In my opinion a market shake. No major news until end of June and I believe Rio

can put off any decision re: takeover, operatorship until the end of September. This will eventually fly but the monazite study needs to be done and completed before the next major steps and the next major share price moves. If Rio opts out I think a Nasdaq listing at a much higher price is a strong probability as alluded to by Sapan. Grin and Bear for the moment. I myself will take this present SP as an opportunity to add!

Hello there Ear Eye. A possibility is that the Irish Givernment might choose to buy into Landsdowne’s old 20% share by paying Landsdowne for a quick settlement. They would partner with Barryroe Energy Transition and dress up the new Barryroe project by incorporating some green aspect such as Co2 storage, blue hydrogen et cetera. We would ger a cash settlement, Goodman Barryroe and the Irish Government gets off the hook presenting it as a win win for Ireland and the environment. Just a guess on my part!

Thanks Makeabundle. SB will have all these permutations factored into compensation discussions for sure. He certainly has demonstrated his empathy and decency for the shareholders. O Reilly and Goodman on the other hand are a scoundrels.

Hello Makeabundle

I have similar questions to yours with respect to the potential award of the LU or another license in some form or the other. I would also like to know if Barryroe Transition can use the Technical Data gathered by Providence and LOGP over many years and much cost without the permission of Landsdowne? Surely LOGP have a ckaim on this data. I am sure SB and company have factored all this in. I would like to know if compensation accrues to LOGP for this dataset and will the original shareholders of LOGP recrive 80%. Perhaps all this is included in the compensation claim!

Hello there Swizz

I have one more question you may have an opinion on as well. Barryroe transition energy is planning to discuss options to drill Barryroe according to the article in the Irish times. To do this according to the article “the company has access to years of technical data collected on the field and its potential”.

So my additional questions for you are

Does this Technical data not also belong to Landsdowne as well?

Can Barryroe transition energy use this data without the permission of Landsdowne?

If Barryroe transition uses this data will Landsowne allow it without some form of payment?

Thanks very much

Hello Swizz

Great to hear from you as always. I have a few questions that you may be able to offer an opinion on.

1: is there a possibility that the Barryroe license could be reinstated to Landsdowne and Vevan in some form or the other (plus a nominal payment for damages)?

2: if the answer to the above is yes would the shareholders of the original LOGP be still ringfenced as 80% beneficiaries

3: if none of the above and we go for and achieve an ECT result what sort of a result (size of danage award) would you be happy with for the 80% club? Just your opinion nothing is certain.

Hello Flashgarden

Hope all is well your end. SB said that LOGP are looking for a min 100 plus along with interest. So I anticipate a higher figure than 60-70m dollars to be split 80/20%. However even if the payout if awarded is closer to your

projection it will still be very much welcomed. In any case it would allow me to more than recoup my losses here. As for Providence Resources that is a scandal. Goodman has shafted us all and the Irish Government and Courts facilitated it. Not very good behaviour from a so called democratic state. I think SB and Landsdowne have championed the shareholders interests and I thank them for that.

Hello Swizz. Many thanks for all your positive contrbutions. I am delighted to see 80% of the potential ECT ( min 100m plus interest payment in the words of SB) ring fenced for existing shareholders at the time of consolidation. It was essential that LOGP remain a going concern in order to be able to continue to pursue this claim. I think this issue will be solved with the Irish Gov sooner than many expect. In a strange way the more Goodman pushes the Barryroe project the better for LOGP. With regards to the new company along with its graphite prosoects fmgers crossed for some good results.

Hello Flombo. I agree with you on the company update necessity. Hopefully one will come soon!

Hello Flombo

We shall find out soon fingers crossed. I dont think the Irish Government will want to be seen as having shafted a UK company in favor of an Irish one given that we rely on the UK for much of our energy supply. I am sticking to the positive side on this one!.

Hello Flombo

The net 3 1/2 net tangible assets rule was introduced arbitrarily by Eamonn Ryan. It was certainly a contravention of LOGP ECT rights and a claim will focus on that. Everything else is a sideshow and the Irish Government know that. A deal will be done and LOGP will get something one way or another. Jmo!

I believe that any attempt by Goodman to resurrect Barryroe in any format only adds to the LOGP claim. This nonsense is unlikely to get past the ECT and only strengthens the LOGP position. The Irish Gov will be advised and be well aware. A possibility is that the Irish Government pay off Landsdowne and take a stake in Barryroe letting Goodman then pay the drilling costs. Landsdowne and Predator could then use these funds to progress the Predator gas field off the west coast of Ireland. Everybody wins and the dirt gets swept under the carpet.

Thanks Swizz. Always liked the month of May. Positive thoughts can bring positive results. Fingers crossed. Take care

Sunday Roast - start 11.04 minutes

https://youtu.be/_eFgZRw7Juk?is=w33-qBktSiKNVsuc

Thanks very much Swizz. Even if no oil flows there is some satisfaction garnered from this poetic justice!

Will the stupid Politicians in the country be forced to change their minds - perhaps

“”””””””””””””””””””

Speaking on RTÉ's Prime Time on Thursday night, fuel protest organiser James Geoghegan said there has been "good news tonight" and a "breakthrough" in talks.

He said there will be talks with Government at around 2pm on Friday with the IFA and the official hauliers' association also in attendance along with protest organisers.

He said "in the last few minutes" protesters were pulled off O'Connell Bridge and that kerosene oil has been released from the refineries.

Mr Geoghegan said there will be further disruption tomorrow morning and protesters will be entering Government talks with a "list of demands".

"It's a list of very reasonable demands, we're all mostly self employed people and we can't take the hits that have been put on us," he said.

"Our country needs our own oil and our own security for oil, it's there in the sea, bring it in and use it. We have an ocean full of oil that we don't tap.

Hello Swizz good to hear from you as always. It woukd be wonderful if Barryroe gets reinstated. Why the Irish Government has still not given the go ahead for this beggars belief. The situation in the Gulf is a mess and unlikely to be resolved for a long time. I hope the Irish political ruling class wake up and smell the coffee. Fingers crossec for some good news soon.

Hello there Swizz. Thanks for the positive message. Fingers crossed. Take care