very good presentation by KH thought two things were interesting 1. seemed to imply drilling will happen on etinde 2017 (thought budget sign off was nov/dec!!!! 2. he mentioned sometimes the way to make things happen is to complete projects without approval and look to get this afterwards (he they did this in a previous job and it worked- maybe this has to happen in Cameroon to finally get the investment monitized starting mid 2017 sounded as though he had a very good understanding of where we are and what needs to happen to return shreholder value- as the next stage to the expansion of blvn needs shareholder funding to explore- and they will only do this with management that deliver. looks like the gas in the short term will need gas offtake then?! if KH delivers in 2017 they can certainly pay him and the bod their bonuses- and a bit more!!
Chris, it's easy to advise on bad things that might happen however it's somewhat more difficult to advise on positives. ..with that in mind please a advise the rest of the board on where your investments are!! No doubt you will not respond accordingly as you are FOS and only post on BLVN because you lost big time and wish the same to others..
Chris2. Very selective and very wrong !! A post of yours from 2nd February 2016 "My forcast is still 15p-18p but if the oil bonds default and go down like a pack of cards as happened in 2008 with housing sector then 5p-8p is likely trading range for Bowleven. If they survive. Just be aware and beware."
Sorry but Chris2 has been right more often than not. This share, company and BOD are a disgrace. The only fluctuation in the share price is linked to the $rate and the cash burn. No one knows what they are doing. No one hears any updates as to impending company purchase. All we hear is how more money is handed out to themselves and how its not their fault the oil price is depressed.
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