Providence Resources - Hello Shadow / Phonner - I bought some shares today...

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18:14 22/06/2016

I bought some shares today and Will also take up placement. Not happy with things but We are where We are. Believe a Deal on Barryroe is much closer Than People think. There is no way that 70m dollars was given to TOR and co to Pay Off debt and drill a Well out in the atlantic. LOGP also got 2m with no other asset apart from Barryroe. Who Would Have handed over 2m to LOGP to Pay Off Transocean without something on Barryroe in the offing. Cenkos Took all there fees in shares. Do You think Cenkos Would put circa 7m dollars on a roulette wheel drill in the Atlantic. Then We Have Melody and all the IIs. They cannot all be fools. My advice Would be to stop your dilution as far as possible. However You Have to weigh up the risks

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