I am with you mate. But what I fail to come to grips with, is as to why our Board has decided to recommend the offer to us for acceptance, without telling Shell where to go.
After all we have a fair bit of money in the Bank that we could use towards proving more upgrades.
If we were to wait for say another 6 or 12 months while continuing to drill and prove up more reserves, I am sure that we could demand/request a higher price from Shell or anyone else that may be interest in us.
After all, there are other majors out there that are all looking for more gas for their third train where profits can increase in their favours.
Good luck.
BOW Price at posting:
$1.48 Sentiment: Hold Disclosure: Held
