I can see great long term potential. This could rerate within the next few months once deal is completed and positive Bomono drill. Yes there is risk but the reward far out weighs the risk here Imo. This is one of the better plays at these levels. Good luck
Yes indeed. Only a little while now until this deal is completed. Used to be a corporate lawyer myself so I know the reams of paperwork involved! Once the cash is in the bank, BLVN becomes a serious recovery play and with so much to look forward to with upcoming drills and of course the Kenya acreage plays. Given Tullow's recent success in this area, this corroborates BLVN's expectations of successful drilling in Kenya.
You can also avoid it SIPPs ISAs etc Good to see Farage would like to abolish IHT. Also bring in 40% tax rate earlier and indeed reduce it to 35% - no politicians seem to understand the Law of Diminishing Returns. What happened to John Major's wealth cascading down the generations and his promise to abolish stamp duty on shares. I think we are the only country in the year that has this unfair tax (except now on AIM shares or some of them) I think
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