Kolibri Energy valuation

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epg3601
Posts: 18
Joined: Wed Mar 11, 2020 7:51 pm

Kolibri Energy valuation

Post by epg3601 »

Is the $15.54 valuation for Kolibri in the recent newsletter actually CA vs $11.65 US?
dan_s
Posts: 34604
Joined: Fri Apr 23, 2010 8:22 am

Re: Kolibri Energy valuation

Post by dan_s »

My current valuation is $15.54Cdn and $11.65 US. That is a screw-up in the newsletter. All stock prices and valuations in the newsletter should be in US dollars.

I will be updating the valuation soon after Kolibri releases Q4 results and guidance for 2023. I expect my valuation to go quite a bit higher because I will be double weighting 2023 operating CFPS and it deserves a higher valuation multiple because of the extensive "running room" they have in Oklahoma. I expect their production guidance for 2023 to be higher than what is currently in my model.
Dan Steffens
Energy Prospectus Group
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