Providence Resources - Re: PVR Stream Log - Well they have been doing...

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09:31 12/03/2014

Well they have been doing something. That Mott McDonald report was done in December which synchs well with TOR saying they are discussing the nuts and bolts of the deal. Also the licence extension - they seemed to think there was a wider area to be explored - also a hazard with horizontal drilling if someone gets the licence right next to yours and starts drilling into your reserves. Then Mr Rabbitte talking about tax breaks etc. So seems like there is soemthing going on. What would the market consider as being a bad deal? Surely any deal will be a good deal at this stage?

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