RE: Before low Poo6 Mar 2018 16:06
odre - not sure what your issue is but you are only highlighting the negatives, appear unable to discuss any positives and all of your grand total of 8 posts on this website is basically trash talking BLVN............agenda.........nah never!
"high risk, uncertain return"
brilliant eh??! name a company on AIM that isnt! but in reality on AIM this is actually one of the safest bets - no debt, NAV way in in excess of MCAP, proven up resources, free carries on future drills, healthy cash balance........also ask yourself why COC decided to acquire near one third of this company is the risk is so high and return so uncertain?
to be honest none of your analysis is insightful in the slightest, its obvious stuff the market is well aware of and hence the stagnating share price
you almost sound like you are saying lukoil would be happy to write this off, thats absolute nonsense, they are committed because it should on balance be a profit making enterprise - you can twist the facts to suit your agenda all you like but hope most can see through that veil of agenda peddling
dont forget this is an appraisal well, not a wild cat drill, it just adds upside
the risk is well worth the reward IMO (COC agree to the tune of tens of millions of dollars), and again the fact is this is one of the safest bets on AIM, if you dont care to invest on your analysis then fair enough, i dont think regurgitating the same already known info over and over again is any sort of gift to current investors, go and buy some premium bonds and put your feet up ................. cheers!