Presume if any bod sell into the buyback they will have to issue an rns? Very strange would have expected some rumours about if lukoil is approving or not the drilling for next year With drax and ig sp move today you can see if blvn get good news on drilling plans the sp could rocket!! If further delay could pull back 20%. We could all do with some good news!!!!
I'm kind of tempted to get into blvn, but then I read the latest Edison report they've helpfully got on their website, and its a bit offputting. Maybe next year. If they could get their sh*t together,this could multibag.
agreed on zero faith in current board. have voted against all resolutions to make a point. Clarksons operational and resource evaluation failure on bomono should be acknowledged. addiotinally, with no operated assets, 2 of 3 ned's should be released. hence my comment on 'corporate failure' contributing to zero asset value.
I was using Fibonacci ratio's which came up with £2.44 which is still my target sell point!! Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Now just hoping Lukoil and n/a can drive etinde and KH finally gets bomono to revenue ( which is a way for him to save his job) if done in reasonable timescales
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