Kolibri Global Energy Inc BNKPF

Accumulating

[Carbonbull]

I have been a steady buyer in the summer went on strike during earl fall believe company needs to drill three more wells to shore up Pud delineation after bad Xto well with pressure sink issues , ultimately this will be sold at 150 percent of Pdp or above which suggests .35 to .55 , year end Pdp probably down 15 percent and 1p up slightly  all juniors suffer liquidity discounts until taking out.   I am about to double down at this level average price in the low twenties ,

[BrokerG]

Hello Carbonbull I hope you are correct. Why by year end? Where did you come up with takeover price of .35-.55?

[Carbonbull]

all numbers are my own estimates and should not be construed as factual just my reading of the tea leafs , with the xto well not being a success (if it was we would have been told) due to pressure sink issues i beleive PDP numbers will take a small hit lets say down to 7o ,, 70 x 1.5 equals 105 million less debt of 30 we are back to 75 usd basically 100 million canadian which falls into the .35 to

[BrokerG]

thanks carbonbull. We had previously posts on this board in relation to BNK's tax loss provisions. It was estimated at approx. $100-150 million. These can be lucrative to any acquirer since they would be able to use these tax write offs to offset the loans/debt of 37 million from BNK. This would also help us get a price closer to .the 40-.50 cents range. My isssue is what has been happening