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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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(34)
•••
Comment by mining_pays_my_billson Oct 24, 2014 5:19pm
184 Views
Post# 23059799

RE:RE:RE:No word from company....

RE:RE:RE:No word from company....Oil is the single most important strategic commodity on this earth. If you think a 10% stake in any producing field anywhere on this earth, regardless of politics, is not going to get a dime for a sale, you are wrong. While we may not think much of these reserves right now, major oil companies make long long long term decisions- they plan for what will bring them profit 50, 60 years from now. Do you think paying 30 or even 100M$ for NKO right now will result in big returns 50 years from now? I do. Thats why I dont think this is going BK. If it is sold it may go cheap, but it wont go BK, and it wont go for current market cap, which is beyond dirt cheap right now.
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Dealroom for high-potential pre-IPO opportunities
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