Providence Resources Forum

Are we all for real to raise 100 million you would have sell 1 billion shares at 10 p a share

As bad as the news is about shares being issued at 11 pence, it is worse that they are struggling to fill the order book. Once we suck up the bad news on the share price, we will have to look forward and move on, and that means hoping the order book is filled and that we end up with a hundred million euro in the bank and a plan to move forward. Whatever way you look at it, it would be a big achievement for a company in Providences's position to raise that kind of money

Company takeover is ideal option, atleast we will breath and stop feeding our fancy board who acheived nothing except big words. Trust has gone, enough is enough

He is misleading us for a while, he should be exited. Opportunity was given correct the course but he is back in same old way. Its a joke from 'Leader of Irish offshore

Tony working in the interest of shareholders! Ya right!

I guess he will raise enough to pay transocean. Which is probably the deadline lansdowne are referring to. He should just sell barryroe outright i think. Fund spanish point and drombeg with proceeds. He has no sense. I cant wait to see how much he does raise. Id love to know what is pitch is. Surely they are sick of hearing about barryroe.

: find it hard to Believe major Institutional investors Would agree to this. Why Would they hand this Cash over to TOR after The mess he has made of all our investments. Nothing confirmed yet so We shall Have to wait And see. Will send An email tommorrow to the company

Shocker alright

It looks like this is the end of any hope i was having. TOR has proven himself to be a failure. Born with a silver spoon and burnt all of us shareholders who worked for the money they invested. Im gutted.

Again all the info is leaked through the press