Providence Resources - Re: PVR Stream Log - Compared with bankrupt last year...

Live Discuss Polls Ratings
View
Page
18:56 28/05/2017

Compared with bankrupt last year we have a company with no debt and 30 million cash.We have a very strong oil savvy board with the addition of Pat Plunket and Angus McCoss.We have an impending drill for 5 billion barrels of oil with the most efficient rig available based on advice from the best company in the world {Schlumberger}at a cost of 18 million and the possibility of a further farm out reducing the risk to zero.still maintaining 30 per cent interest.Hands up all who think that speculation and negative comment is in the best interests of shareholders at this point in time

Page