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Christoski u are way too low The CEO (a COC man) doesn�t get his 10 mil share options until SP reaches 45p bare minimum........that�s your starting point
wondering what happened to the divi we were promised for voting out the last shower?? should have know better
and I have no plans to sell anywhere near that price point.
So what price does everyone think COC will offer to buy our long-held shares for then when the time comes? I think we should run a book on it -- I'm going with 34.5p per share.
Not sure they look like they are shipping in a few more...
Dont expect they are in any hurry to buy the last 1%, they know they can pick them up anytime.
it will be interesting to see if there is any follow through tomorrow, with only 3m shares left for COC to buy, you would have thought the MM and hedges would squeeze them, but.. maybe the stronger powers of suppressing the price will prevail.. got to Love BLVN.
yes , soon all the cards will be on the table and we will know if we have done the right thing , cannot see any downside from here , and hope for a nice upside in near future ,imho
Thing is we all knew this was coming and the week sellers just gave their shares away to COC and the two other hedge funds..Base value at 56p.. between them they have bought nearly 40 % of the company for maybe 30.. they say money makes money and they are going to make a lot with BLVN.
less than 1% and they have to bid , looks like the end very close now ,,
And they keep buying
It would be nice to see a move into the mid to late 30�s
Someone is bidding for shares 100'000 at a time currently at 30p so slightly protecting the downside. This share should be in high 30's not at this price. Too many shares in sticky hands just need a few more buyers willing to pay more than 30p to propel us higher it'll come.
trading more active this morning ,than usual
A large % of BLVN shares are in the hands of COC INST& HEDGE FUNDS with a limited amount of tradable shares on the market, when news arrives and demand for the shares takes place the SP is going to move north at a rate of knots. AIMHO DYOR.
Strange..but we are where we are..
And yet the price sits at 29p
Etinde (former Block 7) has been extensively explored and 15 exploration and appraisal wells have been drilled since 1967, of which 13 discovered hydrocarbons. Four separate reservoirs are proven producers: Biafra, Upper Isongo, Intra-Isongo and Middle Isongo. Although the Intra-Isongo sands have only been drilled by one penetration, this zone contains thick, high quality sands, which extend across the block. Delineating and extending this important discovery will be a key objective of the future work plan. Our project is at the appraisal/development phase to optimize development of the Etinde Field and options to monetize gas resources. Full development of the Etinde Field will deliver a world-class production asset exporting gas, oil and condensate whilst ensuring gas supply for domestic projects and initiating a FLNG project.
If I did have an agenda, it was simply to offer the benefit of 30yrs global E&P development experience to this forum when assessing the hype offered and limited information forthcoming from these companies, whoever is running them. But frankly, not interested in engaging in personal exchanges, so will take my thoughts elsewhere. Final comment, appraisal wells are drilled to appraise the development potential of discovered resource. There are no safe bets at this stage, nothing can a proven, otherwise the project would already be in development. Good luck.
Shouldn't be too long before we hear of her .... http://vantagedrilling.com/wp-content/uploads/2018/02/Fleet-Status-0118B.pdf Will this engender a FOMO or are we too Dormeo .......
tombi1 They will probably leave it to New Age or Lukoil to sort out after the TO whoever the acquirer might be.
odre - not sure what your issue is but you are only highlighting the negatives, appear unable to discuss any positives and all of your grand total of 8 posts on this website is basically trash talking BLVN............agenda.........nah never! "high risk, uncertain return" brilliant eh??! name a company on AIM that isnt! but in reality on AIM this is actually one of the safest bets - no debt, NAV way in in excess of MCAP, proven up resources, free carries on future drills, healthy cash balance........also ask yourself why COC decided to acquire near one third of this company is the risk is so high and return so uncertain? to be honest none of your analysis is insightful in the slightest, its obvious stuff the market is well aware of and hence the stagnating share price you almost sound like you are saying lukoil would be happy to write this off, thats absolute nonsense, they are committed because it should on balance be a profit making enterprise - you can twist the facts to suit your agenda all you like but hope most can see through that veil of agenda peddling dont forget this is an appraisal well, not a wild cat drill, it just adds upside the risk is well worth the reward IMO (COC agree to the tune of tens of millions of dollars), and again the fact is this is one of the safest bets on AIM, if you dont care to invest on your analysis then fair enough, i dont think regurgitating the same already known info over and over again is any sort of gift to current investors, go and buy some premium bonds and put your feet up ................. cheers!
also today is exactly one year on ,when the victoria oil deal was struck ,and still not finalised , will it still happen or is it dead in the water
first time since mr hart left we did not get one ,,,