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Spuddy, have to agree with lerrab and hope it plays out that way.
Believe Providence are going to issue shares to Farmanee as part of Farm out deal. Thus for the expected cash up front payment for example 40m to Providence we will see shares placement for this amount. The question I believe is what will be the share placement price. As have ssid before price will be well above present market price so as to be agreeable to present shareholders eg 30m shares at 150 pence. Thus recent rumors in press regarding share issues and recent statements from Providence regarding additional fundiing measures plus the announcement of SP chryasor deal in parallel with Barryroe conditional Farm Out of Feb 9th starts to make sense
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