Providence Resources - Re: PVR Stream Log - Godot, Sequa are examing 2...

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12:42 05/01/2015

Godot, Sequa are examing 2 deals at the moment. My reading is that they will complete both and need the extra debt funding in order to do so, not that they will buy a greater share of Barryroe. Would be nice if you were right. Think deal will be done for $300m for 50.1% of Barryroe, PVR will be entitled to 80% of that and share price on back of that would go to €5.90.

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