Bankers needs to get as much as they can get from their credit facility restructure. Typically banks will lend up to 50% of the 1P reserve base. In Bankers case (if reserves at least stay where they are) the 1P reserves are ~$650 million. So half of that would be ~$325 million. As far as raising money for the Albpetrol purchase, they shoud be able to go to the debt markets and issue a 20 year debenture for the $200 million required to buy the right sized Albpetrol assets and use the Royalty to pay the interest payments on the debenture and the remainder to help fund growth of production from their own fields as well as other Albpetrol development opps.
The stock is languishing in a pretty upbeat market today.
They really need to produce some results whether they be reserves, production or a solid debt restructure to get their share price moving. It is tiresome watching the wallpaper dry waiting for the stock to get moving and break out above that hateful $3.25 cent level.