RE:RE:OBE insider sells, BNE plummetsBelow is a response from IR( from a few weeks ago and before Q3 report) to my query on the subject.
I hope this helps, if not, I suggest you contact IR and get the answers so you can put it to rest once and for all.
Goog luck!
************************ "This mention in the forward looking statements refers to the same wording that has been disclosed in both our financial statements and MD&A since our Q4 2019 report. The main driver of this wording was due to the drastic decline and volatility of oil prices in the face of the COVID-19 pandemic. Each time our financial statements are released, we review our internal forecast using recent strip pricing and make an assessment if sufficient liquidity exists. As we have disclosed in each of the recent quarters, we have forecasted more than sufficient liquidity, including in March and April when oil prices were at their lowest. However, like most in the Oil & Gas industry, the impact of the COVID-19 pandemic on oil prices is uncertain so if significant downward volatility occurred, this could cause a concern.
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