Niko Resources Ltd NKRSF

RE:RE:before even think NKO can go higher big energy cap has...

[mining_pays_my_bills]

Dubs- totally agree. I don't know why everyone is up in arms about the price of brent crude oil going down- it has ZERO effect on NKO. The produce liquified natural gas (LNG), not oil. And the price of LNG is up considerably lately. But even that doesn't really factor in at this point, because the gov't of India has not prescribed to market based pricing for LNG. In other words, doesn't matter what the global price is, they're not following suit. Gov't has set the price to favor the consumers rather than the producers right now. That may chnage as the price increases incrementally every 6 months, as RIL, BP, and NKO are putting huge strain on the gov't right now for market based pricing. And Modi's 'made in India' campiagn trying to attract foreign investment to India, is also going to require that India make it more attractive to invest. No one is going to come if they are at the mercy of the government. Companies don't generally invest in uncertainty. So, I think the 5.6$ gas increase was for now to please the people, retain their respect and vote, but on the back side of that is the intention to raise prices over his term so as to make investment attractive. Like I said before, NKO is a long hold, but it should provide nice returns for people who have a long vision and can see the inherent value in this company.