Providence Resources - Re: PVR Stream Log - Lansdowne's placing has to be...

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Re: PVR Stream Log
09:19 17/06/2016
Callasjunkie
0 replies 0 0

Lansdowne's placing has to be small but badly-needed good news for Providence. My take on the Transocean award was that PVR would be 100% liable if LOGP couldn't stump up their $1.7m. The concern in the LOGP small print is the option to seek to raise £0.5m further, expressly to meet any further Transocean award costs that might arise. This is not elaborated upon!!

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