Providence Resources - Hello Jimmy: - In your Analysis You forget...

In your Analysis You forget that costs drilling and service costs Have dropped dramatically and that Schlumberger has analysed the data and See circa 5bn barrels between Druid and Drombeg as potential. So If the total Cost of Druid + Drombeg is now Even cheaper Than the 70 m dollars quoted at time of fund raise this Would seem Like a very insignificant amount for Any decent size Oil company. I do not believe it Would be difficult to find a Partner on good terms for such a potential enormous resource. So I do not believe the big boys are just sitting around and ignoring such opportunities at a knock down price. We Are all able to read reports Woodhouse, EiA, Tudor etc pointing To massive supply deficits in the next 3 To 5 Years. You also fail to mention the Share Price of Providence is likely to rise in the lead up to a drill. You sound Like You know alot about the Oil Market and probably do but You certainly See the Glass as half empty. Is there anything You Like about Providence. Also it Would be Very interesting to Know why You spend so much time writing about Providence. Have You nothing better to do. My excuse is that I own shares in the Company. What is yours ?. Also if You Know so much about the oil business could You instead suggest where all US distraught shareholders might invest their funds. You surely must know given your indepth understanding of the business