RE: cashregister28 Feb 2019 16:05
Jadee - you're missing the point. The RNS gives an indication of when BLVN hope FID will take place - it doesn't provide any guarantee. It can't provide any guarantee as the Board of BLVN don't control the Etinde programme. As such, all of these comments about cash underpinning a certain share price and references to money yet to be received are arguably nonsense. BLVN is now and has been for years a largely binary bet. If Etinde is developed and FID happens in the next year or so, we'll all do rather well. Equally, if New Age, Lukoil or the Cameroon government sit on their hands we'll see a continual decline of the SP. I've been invested here long enough to know the risks and when I read posts by Luck Counts I also know that I'm dealing with someone who has very little understanding of the situation we're in.