Niko Resources Ltd NKRSF

RE:i expect Niko

[bigbab]

How about a 80M issue at $1.50 to raise  120M bendy ? 

Does that work for raising money ?  What do they have left to farmout?   The time to shed Indonesia was a while ago...... right now it is just commitment liability to the Indonesian gov't ......unless whomever takes over those commitments can renogotiate some extra time with the gov't to actually get something done... but why would the Indo gov't do that when the likely scenario is the blocks will be relinquished and they can just resell them

bangledash no one will touch due to the legals

bendmeover wrote: judging by the press release

is trying to raise more cash right now with farmouts and or /parterships ............. ..i think we will see something by October .this will catch the shorts with their pant at their ankles