RBC Capital Markets initiates coverage of BBI RBC Capital Markets initiates coverage of BBI, June 26, 2018:
"Blackbird Energy Inc. Initiating at Sector Perform: Laying the foundation
Our view: Blackbird's primary development block remains in the early
innings with the potential for significant growth. We believe the asset
carries higher-than-average execution and funding risk given limited
development and large capital requirements. While management has laid
a strong foundation with the key ingredients in place to move forward
with commercial development, we believe investors can afford to wait for
proof of concept before stepping in."
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