Dear zacanzaz ,
Don't stress Bro.
You just need to chill with BKP a bit more. It's not your regular miner. In fact, really, BKP is more of a holding company.
Perhaps might be good to envisage backroom scenarios regarding just how the backroom scenarios come about and develop regarding the core assets that back the business venture/model.
Mate I really do recommend simply sending Collin an email if you have any questions. It is a more appropriate medium in some instances.
Key factors relating to BKp are the following.
Virtually NIL paid out to acquire the core asset (don't ask me what that is...surely everyone knows )
Non-transperancy regarding a couple of mill in loans to ...maybe sorta related entities..who really cares...as long as their directors are facilitating deals that perpetuate the potential for extracting the billions of barrels beneath the Sthn Georgina Basin...which, via Statoil, they clearly are.
PFC was the initial crack at getting a big O & G miner to farm in.......what ever deficiencies may have occurred, the end result is that Statoil is now farmed in as the operator with multi-hundred million dollar conditional commitments.
STATOIL HAVE JUST CONDUCTED AND ARE IN THE PROCESS OF ASSESSING THEIR FIRST SEISMIC
Is there something else you require in order to feel assured that you stock is more likely to go up than down (not forestanding crazyrants)...???
Cheers
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