Bowleven Share Discussion Threads

[the stinger] 29/11/2019 09:52

Will be taken over, cheap, 10p ps maybe.

[hermanngoring] 29/11/2019 09:47

Bring back Kevin Hart

[secs in the city] 29/11/2019 09:41

After following very closely since 2010, today was the 1st time I heard the licence expires in Jan 2021, the first time this fact ever got released in to this world, that was their best kept rotten secret wasn't it.

[d1nga] 29/11/2019 09:38

World wide glut of lng,very hard to get new projects off the ground, camgov who are almost impossible to deal with, sorry for holders here but the writings been on the wall for a good while.

[billytkid2] 29/11/2019 09:23

Blimey. Someone must be unloading

[oilretire] 29/11/2019 09:15

WTF is going on here? It stinks. Like most genuine posters here, left holding a few hoping for a more positive end game than what's playing out at the moment!

[nicobellic] 29/11/2019 08:19

It was always binary ffs.

[gark] 29/11/2019 07:57

That's my last post here, will hold on and it is now binary based on FID.

[gark] 29/11/2019 07:57

11mn in the Bank, 25mn on FID, lower than GBP 30mn market cap. Lukoil paid USD 250mn based on current reserves prior to further drills showing more liquids. Should get to FID and delay is due to the changes at New Age where management is totally changed. Disappointing news today but that had been forewarned in share price movement and if this gets to FID we should be able to achieve a valuation of above GBP 100mn so alongside cash a multi bagger from today's level. If we get it to production then it is worth more.

[pjj71] 29/11/2019 07:55

and with the licence expiring pretty soon the board should be doing all they can to get KH back.. very grim here indeed...

[pjj71] 29/11/2019 07:51

no margin of safety until the 2p handle or kevin returns.. woof woof

[billytkid2] 29/11/2019 07:39

Fid pushed to Q3. 2021 loss of license clock counting down. It’s now turned into a very high risk play. Get fid and it’s a multi bagger. Don’t get it and get zero in 2021 or near to zero.

[cyman] 28/11/2019 22:35

Hot topicYou nailed that right. Looks like the final bell for us. Probably shutting down this PoS company and using the money to buy a tent.

[gark] 28/11/2019 18:14

I think 30p as they were neutral. If this goes to FID it is worth 30p+ and all indications were that would be the case so very puzzled by the last two weeks. I agree with you though that II's would have tried to bail.

[buy_more] 28/11/2019 17:36

gark, what was their target before? i think and i really hope that the news won't be negative. all ii's would have sold a long time ago

[gark] 28/11/2019 17:20

Arden came out with a new target of 30p today so weird timing.

[cyan] 28/11/2019 16:06

Got to be a reason for the delay one would think.
Better be an early doors RNS.
Hoping against hope

[billytkid2] 28/11/2019 15:30

If this has a positive update tomorrow it will be the biggest surprise of my investing career. Still fingers crossed.

[hot_topic] 28/11/2019 14:18

Merger talks????????

[tgwatwey2] 28/11/2019 13:49

I wonder if the delay has any link to vog, also late with there update

[hot_topic] 28/11/2019 11:55

By COB could be anytime tomorrow

[buy_more] 28/11/2019 11:52

coc paid appx 25M for their shares and got back appx 15M dividend so roughly 10M down at the moment

[kbrook] 28/11/2019 11:51

I don't like the "COB tomorrow" 5pm RNS on a delayed set of results sounds painful. I don't understand how they didn't know results last week so can't fathom any possible reason for delay. Publish the results and if there is further information put another RNS out, what am I not getting? (Apart from my money back!)

[warbaby43] 28/11/2019 11:19

True cyan, but they bought most of their holding in the twenties including many in the early twenties and some c 18/19p. If you recall the Conference Call of a year ago there were several questions from an American, clearly from an II, and his assertion was that their average was 28p which reflects my own estimate of between 25 and 29p.

So yup they are down and no doubt feeling a bit sick but a long way yet to the cyanide pills.