GREY:BNKPF - Post by User
Comment by
BrokerGon Nov 25, 2019 9:20am
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Post# 30388703
RE:RE:RE:RE:RE:RE:RE:OTC Spread on BNKPF
RE:RE:RE:RE:RE:RE:RE:OTC Spread on BNKPFHello Carbonbull
Thank you for your post. I do not think the issue is if we value the "puds". That is the reason we are here. The issue is how do they monetize those "puds" without bank financing or a rights issue. Declining internal cash flow may allow the drilling of 1 well per year, max.
I have not heard of any plan or strategy to get those "puds" out of the ground economically.
That is what I am trying to emphasize.