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ANY ONE REMEMBER cheap as pastilles big ramper here years a go moved to south africa or so he said . ANY thoughts here guys
hA hA I'd go as far as saying a 'deramping' orientation to those two posts of yours imho :-)
I 'll have you know I bought into these many years ago at about 60p why would I start de ramping, NO just being a realist.
I don't expect anything now until it happens and gets confirmed.
We are due the interims in about 2 months so hopefully they will want to get some chunkly news to incorporate into these.
Why would Eli Chahin CEO of Bowleven say the following in this morning RNS then Jedclampit ?
''This is very positive news for the Etinde development, as it essentially eliminates the possibility of the Government of Cameroon removing the Etinde licence from the JV partners, following the end of the initial six year development implementation period in January 2021.''
I'd go as far as saying a 'deramping' orientation to those two posts of yours imho :-)
I guess the new license could still take another 3-6 months to be approved.
Great news as like many others I have been locked in here far years now, but it's only the first step as this only gives them the right to apply for a new license and there is still no G/Tee they will get one.
Still small steps.
So annoying that the mm's job is to create a market to buy and sell shares. Quoting 5.16 v 6.5 isn't doing that in the slightest. Seen it so many times before. Okay you can currently buy at 5.7 even though it's advertised at 6.5 so why not just advertise the fact it's 5.70 and not 6.5.
Anyway short term doesn't matter we will soon be a lot higher with FID more likely to be 20p
indeed AlGU but can actually still buy for 5.75p.. although maybe not for long.. so the herd may just be waking up to this now.. 2 to 3 hours in on a Monday morning is a slow wake up, must be lockdown seeing too many lie in....also I must do another top up..
The bid-offer has moved to 5-6.5p now. Rerate coming? Long overdue
One hurdle out of the way which was getting the license renewed now the FID which is due soon then if agreed we as shareholders will be in the money. Good luck all.
The Govt must have liked what they heard from NewAge and the other partners during those discussions. It doesn't seem likely they'd have granted the authorisation otherwise. This has been materially undervalued for far too long. I recall Eli flagged this as one of the risks in the last company report - so, good to have it out of the way.
Definitely. They have near on £15 million in cash which is almost market cap and no asset value is being added.
This still being under 5p - as i type - is very strange to me.. so one more top up just done by me.. hopefully, if/as this moves towards the top of the LSE daily risers list this morning more will wake up to the opportunity here.. 5p for this now is joke low .. and this should get back to the 10p area in the coming weeks /months..
All imho and DYOR
indeed Ross.. but seems to be waking up a bit now at least .. I just bought some more for 4.70p approx... I expect this to motor on today and thru this week etc too..
NicetoMichu
Yes, have to agree - the penny hasn’t really dropped yet.
Very pleased I took the risk to top up strongly here in anticipation/hope..
And I added some more this morning and will look to add more as we go
This s/p is MUCH too low now ( 4.25 p ish as I type) imho
I topped up just in time! threat of licence removal removed. Onward and upward now. Next should be chunky FID news!
Id be very happy with a TO now. The lack of news is very frustrating. Apart from PXS which I also hold, between the two of them, they are by far the worst shares I own for keeping shareholders informed of what is going on.
I think as you sday licence should be renewed and we will be getting news on that next week or a week monday the latest. Then hopefully FID news fairly soon aftet that. 25 million into the bank and we can start to head back upwards where we belong.
Yes very reveting, so much so I succumbed to boredom yesterday and purchased some more.
Reckon we will get some movement on license renewal and FID soon which has been a long time coming if good news perhaps a takeover which will be the best thing all round.
I have to say, this share is riveting.
Just bought another £4000 in here to bring my average down. Why I have no idea but if licence comes through then my average is 7.36p now which 130,000 odd shares so if they get this right I should do ok. I hate the massive silence for months on enbd though
BOD FFS. Mickey mouse operation.
Yes, this is what Sir Alex would call “squeaky bum time”.
days until icence expiry. Would be nice to get some news really!
NicetoMichu
Thank you, I appreciate that. Managed not to take too significant a hit on BLVN but I found the old BoD frustrating to say the least. In profit on paper, having started again here last year, but my all time BLVN average is probably higher than yours. Hopefully all will be forgiven and forgotten soon!