Bowleven Share Price (BLVN)

"Eli Chahin’s share incentives determined back in 2017 kick in at a range of prices between 45p and 80p. He is sticking around - and so are the institutional shareholders, who have not sold"

This made me chuckle. Options at 80p. LMAO

The only reason for ii's not selling is they are so deep, they'd be a riot if they did!

punchily down again this year seems very likely now - 4p ish at start to 2.75p ish with a hand ful of trading days to go - and I must say that this is such a consitent share.. ruff ruff went the bowleven doggy year after year for many years.. but hope springs eternal etc..Happy Christmas to all the long suffering here and very hopefully 2022 wil be better thann 21, 20...for us..

No hard figures were given though estimates will vary anyway depending on which contractors are used, so you could get a range of quotes and indications. But the point is that the original plan is not now the optimal one. The new plan to export via Equatorial Guinea would involve lower costs for at least two reasons. There would be no need to reinject gas that was surplus to domestic demand in Cameroon, and there would be no need to build a brand new processing plant because the existing plant on EG would be used.

Hamz74, many thanks for that AGM report and it was also much appreciated on the ADVFN board where I posted it with an acknowledgement to you.

I wonder if you can recall any discussion at the AGM on development costs. Clearly from the AR, the ball park pre FEED figure given by Chahin, as I recall, on the 2019 AGM Conference Call of $600/700, has gone up substantially, so is that now being put at around $1bn? In comparison, therefore, was any guidance provided on the extent of the saving and what the capex might be should the Bioko alternative become reality?

Many thanks

96,876,798 ÷ 335,272,933

= 28.89%