GREY:BNKPF - Post by User
Comment by
BrokerGon May 10, 2019 10:33am
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Post# 29733920
RE:RE:RE:News out
RE:RE:RE:News outGreat point wittman. They are still hoping that well production will increase as more fluids are removed. The more important point is that it helps legitimize the field around BNK's properties. Remember that Anderson is located outside of BNK' s acreage.
If BNK had the capital they could further develop their field. However that is not the case. If rajm is correct in regard to BNK [USA] having 156 million in future tax write offs, which I am trying to confirm, that would mean any future purchaser could buy BNK at a substantial discount to NPV.