Member Info for 1msn

PRINCIPAL RISKS AND UNCERTAINTIES
The ultimate development of the Etinde wet gas and light oil discoveries is likely to be technically
dependent on our ability to utilise the volume of gas produced by the liquid.
The Bomono PSC reached its contractual termination date in December 2018. The Government of
Cameroon has not formally terminated Bowleven’s licences at the current date. We consider that it
may be possible to find a way to develop the Moambe and Zingana gas discoveries. Hence, we remain
in discussion with SNH regarding the potential opportunity and seek the issue of an exploitation
licence by the Government following approval by SNH. In the absence of any such exploitation
licence, we expect discussions to focus on the termination of the licence, which may give rise to a
potential charge being levied by SNH.

Im now thinking that the Dividend was paid to let COC take15p of the table with out moving the Share price..

Charge may be levied for Bomono

6.9 USD is not a lot... not sure the market will like this.. lets see how this plays out today...

8 %

I know ... a really bad situation.. really equates to a 10p to us long term holders... and the share price drops 15p

Treat as dividend income.. not capital return...

Yep

480 K

He forgets this traded down to 18p a few years ago.. with twice the amount of cash..

Fool comes to mind..

It looks like its back to 25p old money

We all agree BLVN is worth a lot more.. but as I said 3 weeks ago this will trade to 10p ( old 25p ) and sit...
It may even trade down to 7p but hopefully value will come out.

Thanks for the correction.. as I said 10p and then sits for news

where are getting 30 USD from

I think you should go back and do your homework... the day before the dividend news this was 25p ...

I would say this will trade to 10p ( old 25p ) the same price before dividend.. then settle for news later this year..

The low from 2016 was 18p.. 15p in cash has been taken out from price... that takes us to a life time low of 3p

It would be 3p.. in today’s money

Skiing