Looking at some posts from another stock forum, a post showed a response from JDS saying that "the reality is that we have been affected by rain in the Bowen Basin which has prevented access to drill sites and as such have only been able to complete a limited amount of work over the summer period. Our staff will obviously look to continue drilling and other activities as soon as possible and we will inform the market of any changes to our reserve position from that work.
In terms of landholder issues the majority of the media is generated from the Surat Basin and Bow is very fortunate that the style of farming and quality of the land on which we operate is not of the same intensity and quality as that seen by the CSG industry in the Surat area. Bow is also fortunate that the Great Artesian Basin does not extend beneath our tenements so we do intersect major aquifers in our drilling.
Bow takes its relations with landowners very seriously and appreciates your concern regarding this issue. Whilst we have already been very active we are currently looking to deploy extra people in this area to ensure that the our very good relationships are maintained. We will very shortly have a full time Government and Community Manager who will be responsible for ensuring that these issues are managed in an effective manner."
Hypothetically, if BOW does prove up 6200 3P and 1250 2P this year, what would BOW's SP value be (not considering takeovers)?
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