Providence Resources Forum

Horrendously frightening postulation

Is it not obvious what the money is going to be used for....in my very humble opinion, to take advantage of the very low prices of drilling rigs!!!!

A shower of as-holes I Would say !!!

We might be reaching for the defibrilator but until it flatlines it aint dead. The silence is deafening tho. One way or another ill be glad when it is over. Either examinership or dilution to extinction. Tony will protect his salary. No doubts there. What he wants 100 mill for will be interesting. Maybe the irish sailing team need a new boat. What a shower of sheisters. 😭

If it hoes to 55 those who put 100 million get 400 million profit those who bought at £2.00 lose 75% in my estimate

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Seems to me lower price and huge issue is simply adding pis' investment to the value of the sssets

I suppose Spuddy as long as we are told the same information and given the same option to invest before the shares are open again for trading, that would be OK really.

If We are not offered shares either through same offer in placement or through options Any money raise By Providence Will Feel very much Like insider trading. Why Would anybody hand 100m to Providence with TOR and the BOD. For 100m these Institutions are obviously being told something that Will make them alot of money that We the small shareholders are not. That is insider trading unless We the small shareholder are also offered the shares at the same price.

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