Hi Carabaea,
Sorry, just got back to my desk. I'm a long term investor so daily price targets are not my area of expertise. A couple of cents tomorrow would not be out of order though.
I too am looking forward to the imminent conclusion of this deal to secure BKP a producing asset. The details that follow will be much anticipated.
BKP will increase in value following the completion of this deal. There are Oil & Gas investment funds that only invest in 'Producers'. Companies with exploration activities alone are perceived as too risky. (Probably wise when these Oil & Gas funds are investing Ma and Pa's retirement savings). When Baraka joins the league of 'Producers' they open themselves to these O&G investment funds. BKP's extensive exploration acreage (& potentially enormous reserves) would not have gone unrecognised by these funds.
I believe that BKP will appreciate in value considerably faster than everyone is anticipating.
Time will tell I guess.
Good luck to you Carabaea and all BKPers.
Cheers, Oil Play
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1 | 394685 | 0.029 |
1 | 500000 | 0.028 |
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0.035 | 250000 | 2 |
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