Kolibri Global Energy Inc BNKPF

Didn't see this on our Stockhouse Bd - its their pitch

[rajm]

Fairly informative


https://bnkpetroleum.com/images/presentations/Current_Presentation.pdf

[BrokerG]

Hello rajm Yes i have been referencing this presentation for a few months now I think we need to hear the results from their strategic review

[BrokerG]

I took another look at the BNK sharehodler presentation that was referenced by rajm. A couple interesting things: 1] They deleted the slide that had the NPV valuations at differenct discount rates and based on proved/probable/possible reserves. Interesting since this is the slide I was using to get a valuation on the firm. NPV with a 10% discount rate using proven reserves only had us at over $1

[Intransigent]

Livermore owns just under 12 million shares, according to SEDI: https://www.sedi.ca/sedi/SVTIIBIviewResults?locale=en_CA

[BrokerG]

Thanks intransigent. Good points.  I will state however that Harrington's avg cost per share is closer to .30 cents based on their initial purchase of 23Million shares at the secondary offering price of .20 cents on October 28, 2016. They then proceeded to purchase an additional 17 million shares ranging from .25 to .50 cents. Press release below: TORONTO, ONTARIO – August 22, 2017