RE:RE:RE:RE:RBCReading into RBC's analysis they think BBI will not have the earnings to fund the 2019 capital requirements nor will they secure financing. Again this is a conservative outlook.
The next two quarters will determine whether they can pump enough product consistently and or secure a larger loan. Another option would be to farm out more locations and get additional $$ or if they do monetize Stage in some form or another.
One other thing to note RBC did not evaluate the possibility of tapping into the DOIG or Lower Montney Zones.
risk53 wrote:
........ A few more shares doesn’t fit the context of the quote ...Count me in as one who is clueless as I am holding Garth to his word that dilution will not be necessary. And I will continue to trust him at his word until he proves me wrong