Providence Resources Forum

Our new owners?

The trades Are Obviously between agreed buyer and seller as Market price not changing. They can probably do the trade in a number of ways but it needs to be Registered. We Will find out shortly. Obviously somebody sees potential here

Why would they be appearing as daily trades, why would sale not happen in one tranche outside of the Exchange?

Hi Spuddy, that would be good i thought sea stopped trading. I hold some of logp too hope will turn around what about you.

If This is correct expect an announcement on Final Barryroe Deal Soon enough as the New owner of these LOGP shares Will have to make a declaration. We shall soon see !!!

Spoke With another investor ( My Dad) Who reckons Sea Energy receiver Is offloading all sea energy shares circa 30m. Obviously An agreed buyer. Thus If LOGP is to be taken over prior to Barryrore Farm or as part of Deal it Would be preferible To Have The issue of the Sea Energy shares cleaned up in order to make Any Future Deal On Barryroe easier to conclude.

Senn - Why has SP not moved?

Repeating what I said earlier, expect To See LOGP taken over And a Deal on Barryroe concluded shortly.

6 months from now we will all either be in the black/rich or busted. i wish i knew which one it is going to be

Believe Landsdowne Will be bought Out as part if forthcomming Barryroe farmout. Maybe a reverse takeover of Landsdowne And thereafter a deal on Exola With i.e leaving Providence with 30/40% of Barryroe after appraisal and a full carry