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.
Hi folks does anyone have an idea with whats going on at Bomono are the well tests still happening today? Have we had any clear results from them yet? Does anyone agree that the company is not acting in the best interest of its shareholders by eating through our Etinde money month after month with no investments no news and high salaries with little cut back , it seems the fear that this is a lifestyle company might be the case. I only hold a modest amount and at higher levels than todays… Read More
BLVN looks in a really strong position and it now seems to me that good management should be able to deliver both etinde and bomono by july 2017. If KH fails to execute to this timeline I can't believe he would not be voted out. But I think he will deliver .
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