Providence Resources - Re: PVR Stream Log - Phonner, the good thing here...

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Re: PVR Stream Log
13:53 23/12/2014
JREwing
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Phonner, the good thing here is our board had the foresight to go with private equity. If we were going with an oilie there would be a riak of them cutting capex as they would no longer have the cashflow to sustain (see link posted earlier). With Sapinda they have the equity and have to make investments in order to make a return. It may yet prove to be genius by our BOD.

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