SF, RP and the BOW Directors will never bend over and give their hard work away. BOW has been a real achiever since winning those 3 tenements. Your mentioning the 3rd anniversary reminds me of a phone call I was having with Ron at the time about Roma Petroleum ( He and I held a few shares and were trying to provide a blocking stake to QGC's ludicrous offer ) Anyway Ron then went on to mention that he had been successful in getting these 3 permits and described them to me. I sort of said "well done" and it wasn't until I later researched exactly what he aquired that I realised the significance of it all. I felt such a fool.
So I just had to ring him back and offer him my fullest congratulations. These 3 permits have been the making of BOW. He then said that rigs were on their way! Doesn't stuff around our Ron.
The last years have been tough for the CSG industry. 1. GFC1 2. Rudd 3. Super Mining Tax 4. Floods 5. Uneducated Farmer Complaints 6. GFC2 7. Delays in proving up Reserves due to site access 8. Deliberate Shorting 9. Etc
All the above has negated punters' view of the CSG Industry and BOW's share price. And so in come Arrow ( Read China ) with a cheeky bid intended to shake out the weak. Well BOW aren't having a bar of it. We have worked too hard for too long to put up with that nonsense.
BOW has the gas, it is in mostly barren and grazing land and it is 100% controlled. And it looks like the Majors are having trouble getting economic 3rd trains.
So let's just wait this out and see what happens.
The CSG industry are preparing a defensive media campaign to attack the ill educated naysayers which should help our cause.
You never know, you might have to call your little boy Bermuda.lol. Cheers. Thanks for your input.
DO NOT SELL.
BOW Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
