"I could squander the lot on gambling fast cars and holidays in the sun".......surely you could add "drills on the Horn of Africa" to this point?
"Spending on speculative drills in a sector that is falling on its knees doesn't look like a good prospect to me. Not something I would spend money on"....................You still got them RMP golden tickets Eddychris mate??
If I had £100,000 given to me in the bank I could choose to spend it wisely and invest over a period of 10 years and make the finances grow or I could squander the lot on gambling fast cars and holidays in the sun. Bowleven have yet to prove that over a period of 10 years they will not squander or gamble or waste money. This is down to the quality of the BOD. Spending on speculative drills in a sector that is falling on its knees doesn't look like a good prospect to me.Not something I would spend money on. We will see.
of this over the weekend. Err actually I would, anyone pay me 60p per share? Go on, you know it will double that by easter. Chris how about you, you seem like a well adjusted young man with loads of wisdom, surely you will buy... HoHum wait on I will . I may even go for the sell on news and buy when it comes back down. Been tempted a few times but too scared.
A bit naive martha. Breach happens all the time, think of buying and selling a house. In this case if Lukoil, a Russian company remember, decided to renegotiate they could hold BLVN to ransom, i.e. either you renegotiate or we default and you get nothing. Now we know that the only remedy is legal action but how long will that take and also, in case we forget, Lukoil is Russian. BLVN may decide that restructuring the deal is a better option. Perhaps reduce the amount up front and the follow up payments based on the POO. Nothing would particularly surprise me. Chances are everything will go ahead OK but I think the share activity says that the smart money hasn't bought into the story yet. I'm lookin g to get to 35 to 40p then probably off elswhere.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.