Providence Resources - Positive view: - Believe we will See one...

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11:33 18/05/2016

Believe we will See one of the following shortly. 1: Farm Out of Barryroe. 2: An investor taking. Circa 25% stake in Providence (for 40/50m). 3: A Deal to drill Barryroe for oil and gas ( this News Would be acompanied By plans for An equity issue to Pay debts and fund part of drill). Any Deal to drill Would cause share price to rise and make fund raise easier. Supply Worldwide is starting to fall and oil price narrowing contango plus stable futures price is moving things in our favour.

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