Providence Resources - Re: PVR Stream Log - I think that there is...

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10:40 13/03/2015

I think that there is little doubt that the share price will rise if there is a broe farmout, the thing is if we have to give away alot of broe and the amount of cash we recieve is less than we would have expected, the share price rise may not be that much particularly when you factor in the extra shares being issued. I don't want to be too negative but I wouldn't be too surprised if we give away alot of broe for very little in return, and the management will come out and tell us that in this market thats the best we could expect.

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