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Bowleven Share Chat (BLVN)



Share Price: 33.00Bid: 33.00Ask: 33.55Change: 0.00 (0.00%)No Movement on Bowleven
Spread: 0.55Spread as %: 1.67%Open: 33.95High: 34.00Low: 32.775Yesterday’s Close: 33.00


Share Discussion for Bowleven


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NT22
Posts: 718
Off Topic
Opinion:No Opinion
Price:35.00
sp
13 Mar '17
was bound to dip at the end of the day as new bod tomorrow so uncertainty!!!

but I think OC could get more for shareholders than people think with a block on waste
no more research ?!
KH on a pip (performance improvement program ( failure to perform is a dismissal with no pay off- one year contract if he perfoms?but he won't
focus on delivery to specific timescales proper management
 
tom111
Posts: 1,766
Off Topic
Opinion:No Opinion
Price:35.00
View Thread (2)
bomono
13 Mar '17
is worthless without VOG imo,dont expect any fireworks if oc win the day.Any cash back imo will be diluted by the sp
trader250
Posts: 779
Off Topic
Opinion:Strong Buy
Price:35.00
40P
13 Mar '17
I purchased another £13,000 today. Looking forward to tomorrow and think we will see a new high in the short term.
markp1975
Posts: 581
Off Topic
Opinion:No Opinion
Price:35.50
View Thread (3)
Sell off....
13 Mar '17
Current BOD selling their shares?

If they had a clue they'd hang on to them as will be worth much very soon.
ihavenoclue
Posts: 4,442
Observation
Opinion:No Opinion
Price:35.50
naks
13 Mar '17
Pretty simple ... CoC have already stated the deal does 'not make sense' so will just make it clear that the conditions won't be satisfied, before the end of June 2017 or ever, and then terminate the agreement. Especially after the whole board, or a large part of it, have been voted off !! I take it you are a VOG holder rather than a BLVN one ?
naks
Posts: 3,338
Off Topic
Opinion:No Opinion
Price:35.50
RE: naks
13 Mar '17
Dont see that I am afraid, From the RNS

Completion is subject to, amongst other things:

Ø The grant of a PEA over the Bomono PSC. The PEA application was submitted by Bowleven to the Cameroon authorities as requested following Ministerial approval for the award of a two-year extension to the Bomono PSC (to 12 December 2018);

Ø The approval by the Cameroon Government of the assignment of the equity interest from EurOil to GDC Bomono; and

Ø Should these conditions precedent not be satisfied by 30 June 2017, both Bowleven and VOG have the right to terminate the Agreement.

· In the event that any of the resolutions requisitioned by Crown Ocean Capital P1 Limited at the forthcoming Bowleven General Meeting on 14 March 2017 are passed, VOG has the right to terminate the Agreement.
ihavenoclue
Posts: 4,442
Observation
Opinion:No Opinion
Price:35.50
naks
13 Mar '17
From RNS

"Ø Should these conditions precedent not be satisfied by 30 June 2017, both Bowleven and VOG have the right to terminate the Agreement. "

CoC will pull the plug on this deal which they have already stated is derisory !!
naks
Posts: 3,338
Off Topic
Opinion:No Opinion
Price:35.50
View Thread (2)
RE: Sunday Times
13 Mar '17
I think you will find it said VOG have the right to withdraw if COC win the vote, it does not say they will definately.
ihavenoclue
Posts: 4,442
Observation
Opinion:No Opinion
Price:36.00
RE: Sunday Times
13 Mar '17
""Bowleven said it would team up with AIM-listed peer Victoria Oil & Gas to farm out an 80% stake in its Bonomo project. That deal is now unlikely to go ahead."

No reason not to go ahead ~ VOG won't pull out and BLVN cannot."

killjoy ... you are ohhhhh so wrong !!! It was stated in the RNS that the deal only stands IF the current board are not replaced. Bye bye board .... bye bye laughable deal !!!
ihavenoclue
Posts: 4,442
Off Topic
Opinion:No Opinion
Price:36.25
RE: Holding Company
13 Mar '17
Mothballed ? I think you need to do a little more research into what a holding company is IMHO




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