The President of the Republic, His Excellency Paul BIYA received in audience, German Lawmakers June 17, 2014 at State House. The visiting delegation led by Mr Johannes Singhammer, Vice Speaker of the German Bunderstag (Parliament) came to exchange views with President Paul BIYA. The Lawmakers said there were many indicators for many good things to come in the near future, citing, in passing, the projected construction of a giant fertilizer production plant in the country.
As you say no one knows what restraints Blvn has had to work under. The delay in the paperwork being the obvious example. With so many different firms investing millions in the project the last thing Western boardrooms need is Cameroonian "admin". Ironic I suppose in that the more the authorities delay the projects the longer the delay to tax revenue to benefit the country.
At least Ebola hasn't taken hold yet but, as Mr Bennett might have said......................
The very interesting article you highlighted just confirms the high geopolitical risk ....when I've sold my last 30k blvn shares that'll be my last direct investment in Africa. I agree that dragon or the like s/be looking at buying us out but I just have that sneaking feeling we still don't know anything like the full story about what's going on here.
1. Why do you think JPM increased their holding at the above the current sp and not at 29p as you suggested? You know more than the big boys? You have inside information to be so sure? 2. Moni is a falling knife. You are suggesting to the ppl here to catch a falling knife? How sure are you that it will stable at 30p?
One quick point, I suspect we will not be producing anything.
Based on what has been said (and yes, I know), it looks like we will be exploring and proving up resources then farming them out to other operators to run and manage production leaving us with either a payout and/or a free carry.
I honestly don't know why anybody bothers engaging with Chris2, who is clearly on the wind up and is getting close to spamming the board.
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