the ability to now earn an income equates to no further dilution required for exploration in years to come. It would also make BOW a harder target for takeover before full potential is realised by the market. Directors have an excellent track record and underwriting partially for shareholders shows me some confidence this is a good deal. Well done to those who've held their 27c cent shares, as I feel this puts a nice floor under the share price at 1.25.
BOW Price at posting:
$1.38 Sentiment: Hold Disclosure: Held