It's certainly helpful to consider different scenarios that may...

It's certainly helpful to consider different scenarios that may play out and this thread commences with a well considered one. Any move on BOW will only happen imho when there are considerable 2P reserves confirmed. No company of the magnitudes we are talking about will pay out many millions for unconfirmed reserves. They aren't risk takers in the sense of gambling on reserves.
Although we all as shareholders think BOW is sitting on some pretty good acreage we are carrying a lot of risk until these projected reserves are realised. It's called speculating and multinational companies such as Shell etc. aren't in that game. They have shareholders to answer to.
Also they may have time on their side and they all know whoever makes the first move will not necessarily be the winner. A common theme on this site has been patience, confidence in management and for me a little bit of gut instinct that things will pan out in the not too distant future. DYOR.