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Bowleven Share Discussion Threads
Showing 85501 to 85522 of 85525 messages
|"the contract includes the option to build a second FLNG ship" - for Cameroon if ever New Age manage to reach an accommodation with the government for the development of Etinde? Even if that were the case, though, the prioritisation of the Congo asset doesn't instil too much confidence in any expectation of a move towards a drill any time soon.
Meanwhile, back to post 12873 and Tunggie's itemisation of the cash burn and what I find nearly as alarming as the total of $96.9m between March 2015 and 31 October 2016 is that in just this past year 31 Oct 2015 to 31 Oct 2016 expenditure was a gobsmacking $36m ($120m down to $99m with $15m being received at end Sept)
There was some Bomono testing in that period and, no doubt, some fees connected to the swiftly aborted Aminex farmout, but even with their own self indulgence thrown in, I struggle to even begin to imagine how that $36m can be arrived at. Answers on a postcard ....................|
|That's a shame thought it was for us|
|Gark, the bids for the FLNG is not for us:-
Up to four consortiums will compete for a landmark contract to supply London-based company NewAge with a floating liquefied natural gas (FLNG) vessel for operations in the Congo (Brazzaville).
Industry sources said the commercial tender will be submitted early next month, private NewAge intends to contract the first quarter of next year awarded to its first consortium. It is understood that the successful bidder will be the first of the proposed F. The LNG ship for further facilities work and submit a final offer for the design, procurement, construction and installation contract, probably in the second half of next year.
Natural gas will be sold to Asia, the source mentioned that China is a target market, Europe is a spare sales. The project observer said that as many as four consortia are competing for the work, the contract includes the option to build a second FLNG ship.
|Something sweet with a nasty aftertaste probably.|
|One has to believe in oneself first I suppose....|
|I think you're looking too deep..the Bod trying to save their skin in a v strange way...buying ones own shares when they should have done some well targeted acquisition.
|Wookie and fluffy
Starting on the weekend juice a bit early lads....................|
|30p to begin with and then up to 50p on merger news...|
|about to rerate 30p first target!|
|Cyan - you may well be right re merger...|
|I note this late trade too;
01-Dec-16 17:29:59 24.50 562,493 shares
Was it a buy? Very significant changing of hands. Is M & A expected?
|You must be crazy putting anymore money into this company.|
|They were taking the price down constantly yesterday so think a few limits came into play while the bigger tickets were for 600k and 250k do looks to me like PI tickets still going through.|
|Who sold so they could acquire?|
|That is a big jump in shares purchased. News on the way?|
|And given he is not the CEO of all the other Aim oilers, why are they not moving?
Answer is that the MM are not prepared to bid up Aim commodity shares.
Time to get the drains up in that segment of the City.|
|Looks like some positioning is going on, but, to what end?|
|Lots of new negative faces here, I wonder if things are so bad then why bother posting ? Or could it be that they believe the opposite?|
|Another after hours trade. Get ready for next week. Something going on.|
|ifthe, CO Crown Ocean, a major recent buyer.|
|Looks like they just bought 600k. Just seen an article stating New Age is asking for bids to be submitted early this month for an FLNG facility. It is reported in Upstream Online so can only see the headline.|
|Is CO dumping...if so this will plummet.|