If people spend a lot of time on a particular bb they are there for a reason. Negative comments are from people who either want to buy in cheaper, are shorting or are paid derampers. Just as the positives come from people who are hopefull investors or paid rampers. Does it really matter which one of the 3 Chris2 is in! He's not going to declare his hand so why do people keep asking him - its just cluttering up the bb
Why do I continually post on this board? Why on earth do some ontinually keep writing about me? Waste of time if you ask me. An alternative point of view is what these boards are about. Not asking you to agree with it nor am I calling you stupid as some have suggested.
Ok. Let's assume decree signed and they find oil. Hostile takeover most likely scenario. Price at takeover? 25p. If you are lucky. More likely scenario? Delays, delays,delays. Why? Because price of oil is falling through the floor.
I think that his prediction is based on a huge short , after all as soon as the cash hits the bank The company will be worth a lot more in cash alone without the drills etc. IMHO it should settle towards 45P but that is only my opinion.
What kind of a question is that? It's like saying what will the sp be if the decree isn't signed and the drill fails. What will the sp be if oil prices continue to fall? What will the sp be if cash runs low before a commercial find? What will the sp be if there is a takeover bid? What will the sp be if BLVN go bust? What will the share price be if there are delays to the business plan? Now what you have to decide is which way will the coin land? The odds are stacked against this share so in my humble opinion I wouldn't touch it with a barge pole. If you get lucky then good luck to you. 18p-22p is my answer for future share price.
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