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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.

GREY:BNKPF - Post Discussion

View:
Post by wittmann on Mar 11, 2019 8:20am

News update

As of 8:00 This morning.
Comment by BrokerG on Mar 11, 2019 11:32am
The good: 1] Increase in reserves- proved and possible 2] NPV increase- which puts us at $1.30 intrinsic value- based on proved and a 10% discount rate Will we ever get there? Probably not in my lifetime. We need massive funding to get this done. The question is where are going to get this funding and when? The bad: 1] current flow from brock and anderson are low[ 250 and 290 boepd] 2] After 6 ...more