Evening All,
I'm a long-term BOWer...have laughed myself silly everytime the Wicked Witch of the East has taken EL's baited hooks over the last 6 months...despite this, I've just got a few things to throw out into the BOW stratosphere for your collective and esteemed consideration, and would appreciate your thoughts, positive or regardless......
(1) Why the cap raising???? Does BOW anticipate a cash burn to get it to the point of attractiveness????
(2) Dilution yet again????
(3) What about further dilution with future Director options???
But most importantly,
(4) What's this Power Station stuff about????? Why waste money on a Power Station if you're preening yourself for potential export/merger/take-over????....Does this indicate that given the high cost and high risk of making CSG viable, that BOW are providing for a token cash-stream option via a Power Station, in case potential merger/take-over options don't eventuate?????
Again, I've always been a BOW buller, but I must admit, I'm just wondering about the true modus operandi of this out-of-left-field capital raising....
Would appreciate your thoughts......
Clozapine
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