Bowleven Share Discussion Threads

[watfordhornet] 07/1/2017 10:41

Sooner the better - the ever dwindling cash pile is reducing value of company daily. It is not as if any additional value enhancing activity seems to be going on at moment.Not sure what everyone is actually doing

[gark] 07/1/2017 09:46

Think you are missing the point. There will be a sale of the company or assets before any revenue is produced. Think we are close to this saga ending with a take out coming soon. For me that can't come quick enough as I would like to see Hart retired and focus on horses.

[fireplace22] 07/1/2017 08:58

garking31 they may not need to drill the further appraisal wells before generating revenue:


'As of November 2016, the companies are investigating early-stage development solutions to facilitate the monetisation of the existing Etinde resource base."

[garking31] 07/1/2017 07:48

Even if Etinde is drilled this year (which I doubt) when do you think production will be ?, at which point BLVN will get there share of earnings?In my opinion blvn will not see any revenue / income for years.....this is why Hart will just sit on the Cash! (Self preservation) or he thinks....in my opinion Harts days are numbered! What do the mass of employees do at Blvn .....they aren't drilling or producing?

[garking31] 07/1/2017 07:40

And there won't be any for years.

[fireplace22] 06/1/2017 15:14

Etinde is principally gas anyway so the price of oil is relatively meaningless and just a way of putting an approximate value to the asset. IMO.

[fireplace22] 06/1/2017 15:12

Roubini don't think that's what it means. But I would suggest that the value of Etinde has been quantified at $xM at an arbitrary oil price of $65bbl. It is obviously worth more at higher POO and less below.

[roubini paulio] 06/1/2017 14:04

If Etinde is on the balance sheet at $65 does that mean it's only commercially viable a6 $65? Thanks.

[corrientes] 06/1/2017 08:55

Not another year of nothingness for those lucky enough to be able to twiddle their fingers and also enrich themselves.

Good conditions good pay, bad conditions bad pay,good conditions bad pay or bad conditions good pay.

I wonder which category the BoD fits into ? LOL.

[gunsofmarscapone] 05/1/2017 23:09

Its the hubris, even after the value destruction the chief squit is still squatting in the ludicrous citadel.

Where is the shame? self-awareness?

What happens if (when assuming past performance) the Etinde wells overrun and the carry is insufficient? dilution? cheeky tactics by the co-participants?

What a bunch of fools!

[cyman] 05/1/2017 10:37

Another year of abject nothingness passes with blvn any chance of some progress???

[gark] 04/1/2017 22:00

There is no revenue.

[mrmark01] 04/1/2017 20:56

Recently recommended by ST at the IC. Had a quick scan of the accounts... One question knowing nothing about this outfit... Where is the revenue?

[bakedbean57] 04/1/2017 15:28

I'm still waiting for the Extended Well Test results proper extended!!

[donpatrol] 04/1/2017 13:46

This is a total information vacuum at the moment. Etinde will be the catalyst here but the question is what will go ahead there in 2017?
And what of CO, are they going to take their stake higher? They've already grabbed a large chunk of the company without moving the share price. Surly it would be impossible for them to reach the threshold percent without moving the share price

[watfordhornet] 03/1/2017 15:20

Reasonably chunky buy of 200k at 24.25p. Not huge but anyone putting anything in whilst the clowns are in charge are brave

[svenice7] 03/1/2017 14:52

With gas down 7% , I'm surprised we are not in the 30s. Inverse logic.

[donpatrol] 03/1/2017 14:42

Around 10%

[svenice7] 03/1/2017 14:36

Anyone know what percentage of the original buy back programme is complete?

[mark_jm] 03/1/2017 13:43

I suggested the fire sale to the company last year, they sent me a link to the company investor webinar! I notice that even the directors are getting bored now!