Providence Resources - Funding - Thanks for that Godot. So...

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Re: Funding
14:45 14/01/2015
JREwing
0 replies 0 0

Spuddy, what do you reckon the monetary value of the free carry is worth? Thanks JR

Funding
13:22 14/01/2015
Spuddy
1 reply 0 0

Thanks for that Godot. So a decent result at Spanish Point plus a deal signed at Barryroe will help to push up share price and if additional funding required at any stage some shares could be issued at a higher price. Think Providence will get 40m in Cash and end up with 32 % of Barryroe (free carry to production). Landsdowne will get 10m and 8 % to production

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