Providence Resources - Share Price - Blackrock increasing holding today is...

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12:59 28/10/2015
Spuddy
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Blackrock increasing holding today is a good sign. If someone wants this share they will have to pay a lot more than 250M. Pagent stating that a successful appraisal drill on Barryroe alone would mean a valuation of at least 30 to 40 times the present share price. Need to rollo over Melody financing and await for Rebound in Oil price which will be slow but sure. Providence as JR has pointed out are sitting on massive tax write offs. Also the agreement with Schlumberger is a really big development. Watch SP rise in the coming days and weeks !!!!!!!!!!!!!!!!!!!!!!!!!!!!

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