Bowleven is not for sale, you should join Gus 2 take your money somewhere else.
Pointless statements of quick buck investors! Give it 10 years, you'll be laughing....
RE: Much Love for Bow
A buyout at 75/80p? I'd snap someone's had off at 50p given the recent share price action! I hope Bowleven does get sold.....and soon.
Trader. .we live in hope!
You are correct. Mr Hart has over-promised and under delivered in the past. Who has not forgotton his "transformational" and "tiger by the tail" comments. Mr Market is waiting for Hart to deliver this time hence the discounted SP. The industry, on the other hand, sees value and Lukoil et al will be taking a very keen interest in the upcoming drilling. My view is that he will deliver and BLVN going into 2015 will be in much better shape than at present.
Why hasn't the Lukoil deal affected our SP then? why hasn't there been any movement in the SP over the last 6 months of reasonably good news? why have blackrock been selling down their stake? why are we trading below the cash value of this Lukoil deal? Usually all these would be priced in and we would have seen a steady rise towards the target dates and then a small jump on achieving them. We haven't seen either! This tell me that the "market" clearly thinks that theres something wrong here, which as we as talking minerals in the ground leaves us with just the management team.
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