Niko Resources Ltd NKRSF

Bendy.......

[bigbab]

Interest payments on the 300M is 45 per yr

here is the contractual obligations from latest financials...

Total contractual obligations
1,190,416  total
282,430      1 yr
283,054    1-3 yr
485,416    3-5 yr
139,516       5+ yr

they are in a whole lotta trouble unless they get a gas price increase to increase cash flow...latest media headline says another delay due to fall elections...  (maybe the media will be wrong)  headline b4 that stated  $6.50 gas likely BUT reliance might be forced to produce 1.9 TCF at $4.20   ....    (how long will that be )?    IF you could find that out I would much appreciate it...might be better time served than conspiracy short selling software

ps: thats 500M +  required in 3 years