GREY:BNKPF - Post by User
Comment by
rajmon Nov 10, 2017 8:09am
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Post# 26938014
RE:BNK PETROLEUM INC. ANNOUNCES THIRD QUARTER 2017 RESULTS
RE:BNK PETROLEUM INC. ANNOUNCES THIRD QUARTER 2017 RESULTSMy thoughts are that they will now focus on maximizing production and building cash for the next few months, finalize year end results (including a formal external assessment of assets in the ground) and based on the foregoing expand the operating line to give them more access to the $100 million credit line (now set at $25 million based on the 2016 year end assessment).
All good news!!