Providence Resources - Hardball - Believe Sequa Have been playing...

Believe Sequa Have been playing hard ball and their bluff has Been called. Providence can now wait with finance for 1 or 2 years depending on how money is spent. This means that any interested party in Barryroe now understands that the asset wont be hands over for buttons. Oil markets Will recover as Shale and other marginal oil producers get hammered. This means that Sequa and any other interested parties now Have to decide where they think oil market is going and How valuable is Barryroe given Its low breakeven cost of Production. Bet we will Get a deal sooner rather Than later. Also believe Cairn must be now a serious contender for Barryroe. Providence could hand over considerable percentages in Barryroe and Spanish Point to Cairn for a free carry on both. Cairn need barrels of oil and Providence need Cairn. Landsdowne also has the Scottish connection. The Providence Board of management went to Scotland on Friday to See Cairn. What do You think they were discussions that could not Have been made with a phone call. Watch this space. 😄😄😄