Niko Resources Ltd NKRSF

RE:Niko finito

[mining_pays_my_bills]

If you're waiting for BK, you're gonna have to be just as patient for that fall as the longs are being for a climb. A company as big as NKO, with those kind of assets doesn't go BK overnight becasue of a raw gas deal. They got lots of options, lots of assets to sell, and 160M$ cash which they said was good to carry them to 2017 if everything stays status quo. So, if they sit there and do nothing but burn cash, you're still waiting two and a half years man. That's a lengthy short play, all the best with it!