You Could add: Turning the drill bit !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
so TOR has earned 65k since dilution and all we get is more bullmuck about Rathlin
Hello there Mmmmm That is the exact Same response I got to An email I sent yesterday with a bunch of questions. So as Zi
It has been about six weeks since TOR and Providence announced Rights issue and Share Placement. Since then we have heard absolutely nothing. For the pleasure of our additional investments TOR has earned at least 62500 Euros not to mention the other Board Members. How long can this be allowed to go on. Either we get some good news soon (by June) or TOR and many other Board Members should be asked to leave
Yes Fernan inclined to agree with you. Believe that Sequa will buy Landsdowne and pay for two or three drills on Barryroe to truly certify what is down there, check for anomalies and also take a look at what the jurrasic layer holds. If the results are Positive either Sequa will along with Providence look for project finance for development or else they will sell Barryroe along with Providence for a decent profit to a bigger player
Still believe this is all pending a Sequa Buyout of Landsdowne prior to a Farm Out. Difficult to know what funds are available to Sequa. It appears after discussing with some fellow board members that US$126m of the Bonds were issued to roll over exist Loan (not sure how much of this was actually spent) US$95.6m are presently being offered to investors outside USA and any of these Bonds not sold will be cancelled following a period of 6 weeks, US$75m was paid to Sequa Petroleum and additionally Sapinda Asia has agreed to subscribe for US$62.5m of additional Ordinary Shares in Sequa Petroleum NV. So it is all up in the air still. Believe though Share Price will surge upon news. This share is way undervalued for many reasons as we all know
Say you are correct Phonner. Think Sequa will take over Landsdowne as part of this Farm Out Deal. So we may have to wait a couple of weeks yet. But getting closer I believe
How are things. Still think this is all pending on Sequa bu yout of Landsdowne. Hopefully Will be soon enough
Would say Sequa Will buy Landsdowne and this is what is holding the show up
Well lets hope that Barryroe gets sorted out soon. We could do with some good news. Still would like to see a Providence merger with Landsdowne !!