Providence Resources - EGM - 5: SP will be next...

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EGM
12:37 20/03/2015

5: SP will be next year 2016. Providence going today or tomorrow to discuss with Cairn. Providence purchase of Chryasor holding was extremely beneficial.
6: The markets have been screwed by US Frackers. This will right itself in coming months i.e.six months should start to clear decks.
7: Dalkey process should be near completion by government. Should hear something in coming months
8: Rathlin drilling ONSHORE by another company had been delayed but should kick off soon. This should give a boost.
9: Drombeg very promising. Good Interest.
10: A very large area not much smaller than North Sea Prinicipal area.
11: Directors took up more than their quoto of share options.
12: Now seen as a good time to buy as company assets worth way more than Share Price indicates and Institutions know this as they have expressed with placement

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