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With 75 million shares that can be issued surely if Would be a good move to take over Landsdowne (Share swap) and issue the remaining 55m to Sequa for example for lets say 80m euros. This Money could be used for Barryroe and Spanish Point drills. Sequa Would Have approx. 26 % of Providence. A good result On Barryroe and or Spanish point Would leave Providence in a very strong position hearing into 2017/18 given That Oil prices Will fall as supply drops. Thereafter a very likely take over target. Providence thereafter could choose to sell individual assets, be taken over, oil for Farm outs or finance to develop oil fields
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