Providence Resources - Fund Raising - Hello there Boby101. Providence have...

Live Discuss Polls Ratings
View
Page
Fund Raising
12:39 24/03/2015
Spuddy
0 replies 0 0

Hello there Boby101. Providence have to pay 4 millon to Tranocean in June. So I believe they have only spent a couple of million of the loan facility. They raised approx. 26m Euros. Need to pay 4m to Melody, approx. 6m to Transocean, 3m for Seismics for Spanish Point. This should leave them with at least 10m left over to run the company. So if they conserve and not spend foolishly they should be able to get to next June without having to use the loan facility from Melody and roll it over to the next year if needed. All this in the event of no Barryroe deal in advance

Page
Rate this company...

Latest from the Community...

VOG30 NovSELLVOG27 SepBUYKIE19 JulBUYAFE30 JanBUYVOG15 NovBUY
Re: AFE Stream Log I Agree Re: AFE Stream Log Last year 11th November 2023 portfolio was 649,156 ( 26,8... Re: AFE Stream Log If so marker beaten by 77,016 ( 116,917 last look 17th Au...
Do you need Finance? Are you looking for Finance? Are you looking for finan... BZT, will it be another 25 bagger? Are you a buyer, seller or holder? Long term investor (dividends) or short...
Rate this company...

Latest from the Community...

VOG30 NovSELLVOG27 SepBUYKIE19 JulBUYAFE30 JanBUYVOG15 NovBUY
Re: AFE Stream Log I Agree Re: AFE Stream Log Last year 11th November 2023 portfolio was 649,156 ( 26,8... Re: AFE Stream Log If so marker beaten by 77,016 ( 116,917 last look 17th Au...
Do you need Finance? Are you looking for Finance? Are you looking for finan... BZT, will it be another 25 bagger? Are you a buyer, seller or holder? Long term investor (dividends) or short...
Page
Rate this company...

Latest from the Community...

VOG30 NovSELLVOG27 SepBUYKIE19 JulBUYAFE30 JanBUYVOG15 NovBUY
Re: AFE Stream Log I Agree Re: AFE Stream Log Last year 11th November 2023 portfolio was 649,156 ( 26,8... Re: AFE Stream Log If so marker beaten by 77,016 ( 116,917 last look 17th Au...
Do you need Finance? Are you looking for Finance? Are you looking for finan... BZT, will it be another 25 bagger? Are you a buyer, seller or holder? Long term investor (dividends) or short...