Kolibri Global Energy Inc BNKPF

RE:RE:RE:RE:RE:Financials out

[Carbonbull]

Spammer is quite an offensive comment for someone that has joined your ranks as a shareholder , by definition if you are a shareholder you should be optimistic, as previously posted i am first and formost an "oilman" having spent 40 years of my life in the industry and currently building a 5k barrel a day property privately .With that background I can categorically tell you that 33 million barrels of oil  in the ground is worth somewhere between 4 and 8 dollars , replacement costs for most mid size companies are in the north of 10 dollars a barrel. So as i see it this is only a matter of time if others disagree please hit my bids , perfectly content to continue to accumulate, stocks tend to spend most of their life vastly over or undervalued never "correctly valued". IMHO only this is a vastly undervalued stock . challenge you to find one company with a 1p replacement cost of less then !0 dollars a share other then oilsands distress purchases like pengrowth who just acquired 200 million barrels of 1P for 4 dollars a share , which by the way would put the EV value of BKX at 120 million. BTW i suspect with the last two wells that there will be a revison ownwards on the 1P number by about 10 percent , still doesnt change the underlying value. I would take your comments more seriously if you had ever purchased an oil asset and developed it , so easy for stock junkies to hurl critcism for those that are actually in the parade,