RE:RE:RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent Rex or anyone..do you think BNE will exploit the Montny much?
Based on what seen in industry trends, companies with mature assets usually spin off the exploratory assets into a new spin off. Spartan Delta did that creating logan energy...rubelite was formed to seperate clearwater from older mature assets of perpetual. Alot of examples of this.
On opposite end, whitecap is one company that has a mix of older mature assets plus is into the new hot plays like monty.
I just don't know how realisitc BNE montny base is to stand on it's own as a seperate company.
Odds are better on it working if multi stack works.
Guessing you would need to raise and cash up a new spin co with 50-60m, and not sure if that is doable in this market. I dont know, time will tell.
Too bad market conditions are rough with both interest rates and ng outlook.
A few different BNE cardium + other companies cardium assets into one company plus a spin co probably make sense or at least be considered.