Bonterra Energy Corp T.BNE

Payout

[bandit69]

By their last presentation payout was 0.6 years at $90WTI & $3.50 gas.

What is it today at $114+ and $9+? 2 month payout?

If the bank continues restrictions on May 31 renewal BNE should find another lender(s).  I am wonderig even with an announcement that bank restrictions are removed if that would cause a pop to the stock alone.  

Currently there's a 25k iceberg of shares at $12.  Yesterday it was clear anonymous was institutional buying judging from the blocks that went through and a 25k iceberg would have been a non event.  Will someone take it out today?  oil $114+, gas up, TSX up 220points as of this writing.  BNE up .09. 
Lol

[churchofnutsacc]

Bonterra will violently double within the span of a month or two like it did back in January-March, but the question is when. Since I don't know the when, I just keep holding and buying. Bonterra could free cash flow over $1 share fully diluted for the 2nd half alone if we are to believe their guidance at $70 oil. If that happens, and the stock still doesn't move, I will take out a loan

[bandit69]

Could be wrong and I am just speculating but I am starting to think the bank covenants (market knows about them) are the holdback here that's why I mentioned maybe once the May 31 review is complete they can at least lay out a timeline for shareholders to hold on to.  By May 31 they've likely paid down another $20MM+ of debt. If you borrow to buy, the interest is tax

[snowshoedb]

I often hear banks say "we are here to help you" and "consider us your partner" The restrictive covenents that are placeed on both the Bank Debt & BDC Debt is terrible. Who wants to have a "partner" like the current Bank Syndicate and BDC. They should realize the market has dramatically changed and their restrictions are hurting the company. I'm hpoping that

[Imlearning]

I'm sure they are already working on that.