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Bonavista Energy Corp BNPUF



GREY:BNPUF - Post by User

Comment by grantstaon Nov 07, 2017 3:35pm
76 Views
Post# 26920504

RE:RE:RE:RE:RE:Living on a Prayer....(we're halfway there...)

RE:RE:RE:RE:RE:Living on a Prayer....(we're halfway there...)My point is that demand cannot push the price much higher, as soon as prices reach a certain level then even inefficient producers can hop in to meet demand.  So there's a definite ceiling on NG prices.

Sure we expect BNP to be more economical than most competitors but that just gives us investors the cold comfort of knowing the company will survive in situations where competitors would go out of business.
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