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Kolibri Global Energy Inc BNKPF

Energy
Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Kolibri Global Energy Inc > BNK is removed from his latest project in Spain
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Comment by BrokerGon Oct 21, 2016 1:54pm
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Post# 25371741

RE:RE:RE:RE:BNK is removed from his latest project in Spain

RE:RE:RE:RE:BNK is removed from his latest project in SpainWittman is correct, as usual. It is time management steps up. Their head in the sand strategy was fine when oil is at $30, but when you dilute your sharebase, it is time to prove your worth.

I would hope and expect to see a drilling program announced over the next month.

Also, we need to find out, at what oil price, would this company breakeven, from an operational and capital expenditure perspective.

The only issue with being undervalued is that companies can stay undervalued longer than I can stay solvent.  
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