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Bowleven Share Chat (BLVN)



Share Price: 26.25Bid: 26.00Ask: 26.50Change: 0.00 (0.00%)No Movement on Bowleven
Spread: 0.50Spread as %: 1.92%Open: 25.75High: 27.00Low: 25.00Yesterday’s Close: 26.25


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GozoMike
Posts: 312
Off Topic
Opinion:No Opinion
Price:26.25
Oil price
Today 17:47
Sacca. So demand will rise because there is more supply. Must remember that one. Don't recall seeing that in any economics textbook though. I agree projects will be delayed or cancelled indefinitely. They will restart, especially fracking, when the oil price creeps up. Easiest to do with fracking due to the low start up costs and onshore. Next scheduled OPEC is June 2015. I dont see anything happening much beforehand. Lookout for an emergency meeting being called and pile all you have into oilers when the news breaks.
 
Chris2
Posts: 333
Off Topic
Opinion:No Opinion
Price:26.25
If in doubt
Today 13:56
If any investors are in any doubt about the quality of posts on here just read the posts on 24th and 25th November.
Sacca
Posts: 2,170
Off Topic
Opinion:No Opinion
Price:26.25
Oil Price
Today 11:24
Will inevitably rise. It's a simple case of demand rising to the surplus supply. As projects are delayed and activity deferred and as consumers reaxct to the cheaper prices the price will slowly creep back up. Inevitable really! That being said its a slow process....2015 could be very xhallenging
southfork123
Posts: 393
Off Topic
Opinion:No Opinion
Price:26.25
Essex matt
Today 10:34
Almost certainly dead cat and the fact lightly traded. Nothing has changed on the supply demand front and as we approach end of winter prices will fall further. Plus big threat to euro demand from Greece issues.
EssexMatt
Posts: 1,946
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:26.25
Crude really bounced back Friday pm
Today 09:35
Dead cat or real deal??
wag7
Posts: 382
Off Topic
Opinion:No Opinion
Price:26.25
GozoMike/petebo
Today 09:27
Thorough/Due diligence by the government is ok, but can be a cover for obfuscation.
Glad we have a plan "B" re funding. Believe nothing till the ink is dry.
GozoMike
Posts: 312
Off Topic
Opinion:No Opinion
Price:26.25
Wag7
Today 07:49
Funds have been put in place via Maquarie bank backed by warrants for shares, I believe for $30 million , which can be drawn down to fund the drilling and keep us afloat until the farm out completes. I do not think it will be required. I suspect signed this week before New Year deadline in any case. Perhaps Mr Biya has not been given his Xmas present in the brown paper bag as required to get the biro flowing.
petebo
Posts: 1,097
Off Topic
Opinion:No Opinion
Price:26.25
Wag7
Fri 23:24
IMHO. All parties will agree an extension IF Biya doesn't sign. Hopefully we will not get to that point!!!
wag7
Posts: 382
Off Topic
Opinion:No Opinion
Price:26.25
Share Dilution Perhaps
Fri 23:09
The company has been planning how to respond if President Biya does not approve the sale by the year end. It recently extended the long stop deadline for completion of the farm-out a second time, to December 31 from October 31 while awaiting the decree.

What are the repercussions, does it negate other agreements?
EssexMatt
Posts: 1,946
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:26.25
Village without an idiot
Fri 17:41
More like lol





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