RE:RE:RE:RE:RE:RE:RE:RE:BP on gas price hike in IndiaDubsbs- I'll consolidate all my opinions and calcs in this one post, based on combing through the latest MD&A. You do whatever DD you feel is necessary after that.
Assessing liabilities vs. assets is a moving target, it's always changing, the most recent info you can use is from their June 2014 MD&A, check the link below, page 18.
Assets - liabilities = 915M - 699M
= 216M$ = 2.25$/share
https://www.nikoresources.com/upload/media_element/103/01/q1-f2015-interim-report-final.pdf
Combine that info with the DD I've done in the posts referenced below:
https://www.stockhouse.com/companies/bullboard/t.nko/niko-resources-ltd?postid=23070861
https://www.stockhouse.com/companies/bullboard/t.nko/niko-resources-ltd?postid=23070884
https://www.stockhouse.com/companies/bullboard/t.nko/niko-resources-ltd?postid=23071354
Every one of those calcs yeild a different number, taking different risks into account. But the common thread is this- none of those valuations are under 2$, soooooo.... worst case scenario is what? It's gotta' over a dollar.
Every investor must do his own leg work and come to his own decision. I've made mine, I think NKO's a good deal, and will go over 1$ again in the next year or so. You make your own decision. And when you do, I'd like to hear your valuation.