If i could i would sell at a 25 / 30 % loss , even 40 % just to get out of this nightmare of a share . How long do you carry on spending £800,000 per month with no revenue or assets purchased . Etinde , drilling , GSA, FID miles off and we only have 20% , sold 50 % of our major asset to pay KH and BOD wages because i haven't seen any investment to date ? BOMONO what a joke , another year for what , no body knows. delay after delay . Contacted BLVN recently , the reply full of corporate garbage , they was proud of the fact they had got a licence extension for BOMONO , well done mr KH , shall we forget about the six months delay on the drilling then plus the delay up to the drilling . WHY NOT SELL THE LOT Mr KH and we can all move on . Wonder why ? Like i say , it seems that we are struggling to do business in Cameroon so why do we carry on there is better option elsewhere , other companies prove that , e.g. parkmead , PMO . GOOD LUCK too all share holders and DO some thing Mr KH NOW or resign
""East Africa upstream and pipeline projects in Kenya and Uganda moving towards FEED. Kenya Early Oil Pilot Scheme, with potential to deliver 2,000 bopd by the second half of 2017, being assessed with the Government of Kenya.
� Successful Kenya appraisal programme underpins estimated gross recoverable resource of up to 750mmbo. Exploration and appraisal programme to restart in the South Lokichar Basin in Q4 2016.""
I can't see much interest in the shares until budget sign off on etinde and confirmation on a date when the board believe Bomono will start to revenue(with an estimate off cash flow). so very possible will drift lower
I do not think so. Apart from the POO, the Northern Region is very tribal with local opposition so very much on the shelf I believe. The focus is on a producing acquisition, Bomono and Etinde. We just have to be patient for a little longer.
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