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Share Name Share Symbol Market Type Share ISIN Share Description
Bowleven Plc LSE:BLVN London Ordinary Share GB00B04PYL99 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.00 2.50 3.50 3.00 3.00 3.00 2,532 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.4 -0.7 - 10

Bowleven Share Discussion Threads

Showing 91951 to 91974 of 92400 messages
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DateSubjectAuthorDiscuss
19/6/2020
07:13
http://www.bowleven.com/system/files/uploads/financialdocs/agm-presentation-2019_1.pdf Last valuation of licence at $150million after impairment for blvn 25%. That is before FID as has been mentioned. One assumes with $25million FID and current cash levels and the risks attached one must show interest.
manual dexterity
15/6/2020
19:53
One can be happy with double figures with BLVN. Trumpian only has 4 months to go till the U.S elections so expect buttons to be pressed in the stock markets. Cash at last count before $25million FID inc investments was $13million.
manual dexterity
14/6/2020
08:12
Who is wshaks? The name of a poster on here ?
ham74
13/6/2020
11:24
i would love to read wshaks opinion about the future of blvn.
buy_more
11/6/2020
14:00
The spread is crazy, are they trying to deter any trades? 3.55/4.75
kbrook
11/6/2020
10:44
Bid is on the way up again
superbarnet
11/6/2020
07:51
That seems on the low side. Cash balance of USD 11 million as of mid 2019 was already 2p a share. The $25 million FID would add up to about 5p a share. So 20p would leave only 13p a share for 20% of Etinde - less than half the USD 150 million indicative valuation in the annual report.
ham74
10/6/2020
21:29
if we assume that coc's average share price is appx 13-14p and they are happy with a 50% roi then it could be 20p. we will see
buy_more
10/6/2020
15:31
Nice to dream buy-more, but I wouldn't be popping down to the local newly re-opened Jaguar showroom to order that new car just yet based on any company's internal notional valuation. In any case, that 290mboe recoverable, was reduced as per the D&M audit to 244mboe and it would be surprising if the JVP failed to engineer SNH's participation, so 20% much more likely than 25%. I, for one, would be blissfully happy if any sale was based on $2/bbl for 20%'s 48.8mboe
warbaby43
10/6/2020
13:56
warbaby ..... ??????????????? At $/£ at $1.25, be interesting to see how that 45p (=market cap of $188m) is arrived at, buymore. hi warbaby, i was referring to 290mboe in total and our share of 25% of it. anyway, as per the rns from november 29, it sais: -The valuation has been determined to be within a range, with a mid-point of $150 million, resulting in an impairment provision of $62 million against the Group's carrying value of Etinde. -Group cash balance at 30 June 2019 of $11 million with no debt. No outstanding work programme commitments. -Investment of $4 million in publicly traded limited partnership interests and debt. -Under the Etinde transaction, access to $25 million at FID. so the calculation was simple: 150M + 25M + appx 10M cash divided by 330M shares = 0.45
buy_more
10/6/2020
08:28
Total paid about 2 usd per barrel for Tullows uganda assets. Big oil majors can borrow very cheaply and take a long term view on oil and gas prices.
ham74
10/6/2020
06:42
??????????????? At $/£ at $1.25, be interesting to see how that 45p (=market cap of $188m) is arrived at, buymore. My calcs, for BLVN's most likely 20% 48.8mboe, gets it to 29p, not that I think that that much will be achieved in this market and with the financial damage that will have been done to all oilies, large and small, over these past months.
warbaby43
09/6/2020
20:58
USD2/boe that would be a shareprice of 0.45 incl cash and 25M after fid
buy_more
09/6/2020
14:15
that's absolutely correct. now the only and last question we have is: how much will we get for our share. 2usd/boe would be nice
buy_more
09/6/2020
13:17
A bit of a contrast between Marine XII's 1.3 BBbls and Etinde at 244mboe P50, with Lukoil's current 30% stake there (assuming SNH participation) giving them only 73mboe. However, the purchase of BLVN would raise that 30% 73mboe to a controlling (and probably operatorship) stake of 50% and 122 mboe which might be a bit more like it for them.
warbaby43
09/6/2020
09:20
hxxps://oilprice.com/Energy/Energy-General/Russia-Bets-Big-On-The-Worlds-Least-Explored-Oil-Frontier.html
buy_more
08/6/2020
18:57
As a Manual event one has been adding stock to BLVN. One believes in the takeoff between New Age, Lukoil and Bowleven. Once FID has been achieved one will see a different company. One must be vigilant.
manual dexterity
08/6/2020
13:28
As a Manual event one believes Trump has only one card. And as events go he will play it.
manual dexterity
08/6/2020
07:33
As a solid event one can accept those numbers. One knows the undervaluation here.
manual dexterity
06/6/2020
15:53
Are the Edtinde partners, New Age and/or Lukoil the most likely buyers, or do you think a third (or fourth) party could enter the fray?
ham74
06/6/2020
09:07
Any future sale share price should be expected to be at least in the 20’s range. COC’s average buy in pre div was approx 28p. They have recouped more than half of their investment by issuing the 15p ps divi. Their full exposure is at about 12p per share now, on which they will want a ROI. Although the 15p return seemed like a good idea for most, i for one would have preferred it hadn’t happened. All we have achieved is a lower price level, from which any multiple offer will be lower due to the phsycological expectations and we’ve derisked COC massively. I would have preferred to feel under more pressure when negotiating and pushing hard for best deal. All that’s going to happen now is that they will be looking for a good return which is no doubt seriously lower than any LTH is going to be happy with but will be powerless to influence. It’s a game and we are all being played.
symbo1
05/6/2020
15:04
As a Manual event the chart looks appetising. As is the opportunity.
manual dexterity
05/6/2020
10:42
As a Manual event 100k is being offered at a premium to asking price - And Dexterity agrees with the post above.
manual dexterity
02/6/2020
08:15
As a manual event blvn should be 2-3 x current share price. When / if someone decides on a T/O.
manual dexterity
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