Well done to the team at BOW. This latest placement is just what we need to push the company off and start creating some longer term wealth for investors.
Very happy with the presentation, looks like that amatuerish look is washing off now. Based off the resource size, the targets that are set for 09/10 and the drilling program scheduled looks very reasonable and should impress the market rather than depress them by setting unreasonable expectations for holders.
With so much interest in and around the address of these tenements; all BOW management have to do is work hard at running a effecient drilling and reserve certification program and work in a strategic alliance to commercialise these reserves (prolly the hardest and most crucial bit) and the market will look after the rest.
Well done to RP, JdS and the rest of the BOW team.
Cheers from a very happy investor,
SF
BOW Price at posting:
44.9¢ Sentiment: ST Buy Disclosure: Held
