non binding conditional proposal, page-9

Now is the time that we will see what our management team is made of.
I have held grave fears that this was the case & we were going to be robbed again. (seems to be the way in this industry).
Keep in mind what the last transaction in the industry would mean for us.
Santos was offering .50c/GJ-3P for ESG.
Recommended by ESG board.
That would put BOW at above $3.00 per share plus cash in the bank.
One would think that either BOW's real estate is no good or the price offered may be a little low.
Either way things are getting interesting.
Salty