Providence Resources - Hello Lastcall - The Article mentions An amount...

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Hello Lastcall
21:21 22/05/2016
Spuddy
0 replies 0 0

The Article mentions An amount in excess of 100m euros. This must be On the Back of Farm Out or perhaps a sale of a stake in Providence To Schlumberger For example. Another possibility Is the announcement of plan to drill Barryroe with important partners and the issue of shares thereafter at a considerably higher price. I cannot See Any of the present shareholders putting in 100m euros after the recent history of failures or allowing themselves to be diluted into oblivion. Something else Is going on here. I suspect a farmout or a sale of a stake in company to 3rd party

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