Kolibri Global Energy Inc BNKPF

RE:RE:RE:RE:Optimism

[BrokerG]

Thanks Carbonbull. NO disrespect. I was trying to ascertain what wittman was alluding to. We have been BNK shareholders for many years and I personally own a considerable amount of shares as well. 

Considering we are at all time lows, I think it is time management provides some kind of update on the strategic review. Surely, something has been done over the past 7 months. The only way they can finance any new drilling is through cash flow, however, this has to be approved by the Board, and the Board may not be willing to take that risk given the XTO well. Furthermore, the Board may want to use any free cash flow as a catalyst and sweetener for the take over. Another possibility, as you mentioned, is to go private. This option is the least desirable from our standpoint since the price of going private will certainly be lower than a takeover price.