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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc T.KEI

Alternate Symbol(s):  KGEI

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. The Company, through various subsidiaries, owns and operates energy properties in the United States. The Company utilizes its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company... see more

TSX:KEI - Post Discussion

Kolibri Global Energy Inc > Interesting to reprice reserve report with today price curve
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Post by Carbonbull on Apr 05, 2024 1:56pm

Interesting to reprice reserve report with today price curve

Obviously a significant change , what was a flat $72 is looking like a flat $85. This should lead to a change in KEI drilling program , also interesting that a major is execising their farm in rights on the two wells being drilled currently , they would only do this if their was interest in the field >>>fingers crossed ...a buyout could be on the table IMHO. Insiders restricted from trading thus the drift down , but value is undeniable.  Starting to reestablish a more significant position , having lightened my VLE position recently ....both quality names but you can only take one partner to a friday night dance.
Comment by savyinvestor333 on Apr 05, 2024 2:45pm
Had some buy orders in at $4.27 yesterday but only added 500. Bought a few more this morning but look at the volume. Hard to get a large quantity. I also like the partnership and am thinking the same way.
Comment by bfw on Apr 16, 2024 12:42pm
Despite holding massive gains in VLE (I've been in the name for ages with purchases in the 60 cent range), I've resisted the opportunity to take profits.  Management continues to execute and the cash pile gives them ongoing opportunities.  Cormark just raised their price target to $12. Double digits are a real possibility with VLE.  Meanwhile, Kolibri management has ...more