BOW 0.00% $1.52 bow energy limited

their time has come, page-26

  1. 3,935 Posts.
    Drilling of Don Juan is ready for certification. 200 Pj looks likely. Value to BOW is $1.00 per share.

    Drilling Canaway Ridge to start this month. Reserve certification worth $1.50 per share to BOW. This should be completer in the first half of 2009.

    Several fully carried oil prospects will be drilled in the next 6 months. BOW expect oil production to increase many times over.

    Yes, BOW should be careful with their cash, but they are not under pressure.

    I doubt anyone can see what will happen in this market in the next week let alone the next year.

    BOW have lots of options, more than sufficient cash to fund their immediate programs which add substantial value to the company. Let's see how it works out. Ron is a great operator and he is not going to run the company into a corner.

    Over the last 6 months in a very difficult market he has added greatly to the assets and the potential share price. BOW is in great shape and in good hands.

    People make the difference and control their own circumstances.

 
watchlist Created with Sketch. Add BOW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.