I liked the bit about being confident of 3P 33% above target by EOY.
But I too am tired of news via powerpoint, and this applies to BOW and 2000 other ASX companies that do the same. IMHO they should NEVER be allowed to sneak market sensitive information out via powerpoint or interview without FIRST releasing it PROPERLY on the ASX.
Good strategy to wait and see who has real LNG projects before committing the gas. Better to take $5 for it domestically than to commit it at 7 or 8 or more for a project that doesn't go anywhere.
As for the power station, when they put a nought on it, then it might be material. The margin from 30MW will pay the salaries and keep the secretaries etc, put little more. Good to start though.
EL
BOW Price at posting:
$1.48 Sentiment: LT Buy Disclosure: Held
