Providence Resources - AGM - Was at the meeting yesterday...

Was at the meeting yesterday and spoke to Chairman after. BOD were positive and upbeat. I Would not be so negative as alot of fellow commentators are here. In fact Believe things are better Than they have been for a good while. Yes Barryroe needs some further testing. However It was explained that the side Well test was scuppered By the Transocean debacle With a bad rig. This was Transoceans fault. It was Transocean Who Took Providence to court originally for non payment and not vice versa. Jimmy's view that There May be some faulting inside Barryroe Is Just that a view. In fact the information (New) released yesterday point to no problems with faulting. However the next appraisal drill or rentering this capped drill can Allow for flow tests. Oil quality excellent and no problems with extraction. New info points to Barryroe being bigger Than first thought. Druid and Drombeg massive prospects. Newgrange another giant. Spanish Point in the mix as Well. Bit if patience and some Luck Will See fortunes change