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Kolibri Global Energy Inc BNKPF

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

Comment by BrokerGon Feb 13, 2020 5:24pm
136 Views
Post# 30688206

RE:RE:Hey Old Friends!!!!

RE:RE:Hey Old Friends!!!!Hello Wittman

I think I put pablum boy on ignore at least a year ago. So much better now.
Anyway a couple things.
1] Ray Payne- VP US operations- no longer an insider as of Dec/19. I guess he quit.
2] Based on my free cash flow analysis[ taking data from Sept 2018- Sept 2019], the company shares should be valued at .10cents. Ouch!. Assumptions- cost of capital of 20%. growth rate of 5%, FRee cash flow of 3,294,000. Let's hope my growth rate is wrong.

The reserve report should be out in a month. Let's hope we are not delisted before then.

Interesting that Carbonbull is not pumping anymore. I guess he sold and moved on.
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