Kolibri Global Energy Inc BNKPF

RE:RE:Net Operating Losses

[Carbonbull]

what this does however is shelter the pv10 values from tax , so any proceeds on sale are tax free up to the NOL amount. tthe question of the day is will the company tax efficently distribute proceeds or will it keep the funds and look for another play.

tax loss selling should see cheaper paper come to the market so i will be keeping my powder dry until we get into late november.

the mgmnt team are doing their jobs well in quietly delineating the play , it would seem to me that recent results make the east probables a little less valuable expect an adjustment on the reserve report , well the west PUDS demand to be drilled