Providence Resources - News Articles - Morning Sully/Alphabravo Believe that the...

Morning Sully/Alphabravo

Believe that the story in the irish examiner the day before is probably closer to the truth. Sequa must inform its Bond Holders 6 weeks after April 24th date of issue as to the total number of Bonds issued (including the quantity sold from the circa $96m that were pending sale outside of USA). Thus either June 5th or Monday June 8th this information will be known. As we all (Irish Examiner included) believe that Sequa is the potential farmanee I imagine that Providence will know or request a response the week of June 8th. At the same time any other party interested (in the famous data room) will also be aware of this Sequa Story and will know that a decision on their part will have to be taken quickly I believe. Thus I have a feeling we will have a result by AGM. But who knows !!!