Kolibri Global Energy (KGEI) on a roll - Dec 17

[dan_s]

Kolibri Global Energy Inc. (KEI.TO) run continues.

In the last 30 days KEI.TO is up 55%. It trades on the in the U.S. as KGEI.

KGEI close today at $5.39US.

My current valuation is $6.75US. First Call's price target is $6.38.

Kolibri is going to report a BIG increase in production from Q3 to Q4 thanks to the three Alicia Renee horizontal wells that are the best three wells they have ever completed. Kolibri has found the "recipe" for Caney Zone development wells.

If Kolibri's Q4 results and 2025 guidance match my forecast model assumptions, my valuation will go to $8.00US per share. This rally has legs.