GREY:BNKPF - Post by User
Post by
wittmannon Nov 29, 2019 8:15am
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Post# 30404874
Growth
GrowthAny company on this planet that has no growth prospects will disappear. Its such a simple concept its not worth debating.The only chance company's in this position have is value of it's assets....that can be bought.In Bkx's case those assets dwindle by the week because of the depletion of fracked wells.Without replacement prospects this company will die.
Too many self proclaimed oil experts on this and other BBs ignore depletion rates on fracked wells.Its much higher than traditional wells.This company needs money or it will cease to exist in a years time.