Providence Resources - Re: PVR Stream Log - Sobeit, my understanding is most...

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Re: PVR Stream Log
19:49 26/11/2015
JREwing
0 replies 0 0

Sobeit, my understanding is most of Sequa's $300m for Barryroe, would have been spent on development Barryroe. PVR would get a free carry on the development costs and a smaller cash payment. The share price might go to €2 but not on the basis of PVR getting €300m in cash. The valuation would be based on their estimated share of profits from future events that a development would enable. .

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