Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If the B share price is oil driven, ...then this; Oil is in a "discontinuous glut".....there are vast reserves all over the world....in the UK....in and under the Paris Basin which holds as much oil as many of the big US shale plays Despite the OPEC cartel oil trades in a range of $40 to $60.....it will eventually get to a range of $30 to $50 We have gas, better than oil -.......and....... we have two ambitious Germans
Yes....thank you....wonderful clipping !
I think: That Biya will soon die and the political situation will change is for sure. That whatever comes next in Cameroon may be to our advantage is possible....not for sure. That the " two German tough guys" we call COC want a return on their investment in Bowleven is a safe assumption I believe Bowleven is about both the " two German tough guys" ....and....... the merits of Entibe.
I'm sure AI.. is correct in saying we wait.....which as a very new shareholder I'm happy to do as I think Bowleven is a "two hand" bet.....on Entinde ........and........on COC's avowed intention to use Bowleven as a vehicle to build a second activity.....that they - and we - can profit from
Rivendell666: I’ve had fun doing the homework you set me….have concluded Biya The leader of the “organised crime family” that rules Cameroon, Biya will soon enough die…and….as there is no now known successor who can command the attention of the disparate tribal, religious, language elements of Cameroon, chaos is likely to follow Biya’s death ….and…..if history repeats, the French will determine - by persuasion or paratroopers - what comes after Biya….and…..the likelihood of more than short term chaos is a function of Macron’s as now unknown adherence to France’s traditional reactive policy towards its Francophone African satellites. SNH SNH is Moudiki and Moudiki is an eighty year old henchman of Biya… he has long run SNH to reflect Biya’s domestic political priorities and Biya’s prime directive: to generate cash for the ruling organised crime family. NEW AGE, Entinde New Age (African Global Energy) Limited is a small o+g promoter largely owned and wholly operated by S Lowden…..it has identified, promoted, drilled and established some six o+g deposits, most successfully in the Congo………the near term market value – if any - of New Ages’s farm-in of Bowleven’ s + Lukoil’s Entinde discovery is unknowable K HART…and co Now irrelevant, he and his seem to have been second rate, self-serving and unlucky managers. CROWN OCEAN CAPITAL As best as I can tell, the two men who are COC emerged from various European private equity and investment banks and are small successful “markets operators”, largely in Europe but also in Brazil…..They seem both professional and methodical. CONCLUSION I have found no reason to doubt COC’s avowed intention to use the cash shell that is Bowleven to build a new diversified business on the wreckage they took control of five months ago …..their success or failure will be my success or failure….I’m happy with my modest bet on the new jockey.
Thanks...will do
Thank you….as I said I’m a newbie. I looked at Bowleven when I was told two tough successful Germans had – unusually – started a proxy fight and won control of a cash shell with no operating business…and… importantly announced they would use the shell to do new stuff. As I’m old enough to remember the “shell operations” of years ago, I assumed the Germans were not in it to buy at 27 or whatever and sell at 40….so I bet on the jockeys not the horse…..do you think I made a mistake?
Thanks...new shareholder
What should one make of this from an Africa business news letter: The biggest German investment program in sub-Saharan Africa and the key factor in Cameroon president Paul Biya’s "agricultural revolution," the construction of fertilizer plant is expected to step up in coming weeks in Cameroon. Between now and the end of June, the German giant Ferrostaal, which operates the project, ought to sign a gas supply accord with the Bowleven oil company, according to our sources. The gas will supply a future fertilizer unit due to produce 600,000 tons per year of ammoniac and 700,000 tons a year of urea earmarked for both the domestic and international markets. The plant will be situated in the coastal city of Limbe and is expected to involve an investment of over 1.5 billion. Ferrostaal declined, at this stage to tell Africa Mining Intelligence which phosphates and other raw materials are to be used in the plant. Ferrostaal’s partners in the project include Cameroon’s Societe National des Hydrocarbures, the German engineering firm Proman, which holds the EPC contract, and the grading concern Helm that will lift the plant’s output. Ferrostaal is looking for a local company to jointly operate the plant. The gas will be supplied by Bowleven for 20 years from its Etinde field, for which it has asked the government for an operating license. Annual demand for fertilizer in Cameroon amounts to 450,000 tons.