Anything can happen with BOW. The Directors know more about what's going on than the rest of us put together.
What I do know is that Ron is using his experience and energies to get BOW into a commanding position before this whole thing hits the fan and the world finaly realises that huge quantities of CSG/LNG are going to be exported from Gladstone.
BOW are proving up considerable reserves that are worth in excess of $4 per share. I know many people will find this hard to believe but if you do the maths ( recent e.g.AJLucas ) you will understand.
The world is fearing the worst at the moment. When times change both oil and CSG stocks will soar.
Even Richard Branston has come out supporting Peak Oil.
Now Richard Branston has been around. Think about it.
This is an unprecendented time to buy into energy.
BOW Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
