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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Comment by shiftmanon Mar 28, 2014 9:25am
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Post# 22380522

RE:India's Reliance to sell D6 gas at current price

RE:India's Reliance to sell D6 gas at current priceHere is the kicker India is protecting their companies from higher gas prices. Which lead to higher food prices fertilizer etc. with Niko debt higher finance charges if they did not receive the higher gas price it would put pressure on the stock price. it pressures them to fund development new drilling etc. What will happen if they have to wait two years for higher gas prices. What happens if India courts rule they hoarded gas.?
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