GREY:NKRSF - Post by User
Comment by
mining_pays_my_billson Apr 30, 2015 10:50am
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Post# 23680334
RE:RE:Niko news release???
RE:RE:Niko news release???Agreed. Additonally, this news was reported by NKO.... back when it first happened- when they entered a definitive agreement with Ophir.
https://www.nikoresources.com/upload/news_release/361/01/niko_pressrelease_2014_10_27_sevenindonesianpscs_sale.pdf
The news from Ophir the other day is just another progression in the closing of the agreement. When the news was initially released NKO share price popped. Unfortunately, the value of this sale has already been reflected in the share price. When the deal is finalized, NKO may make another NR and the price may pop again, but as of right now nothing is materially different from the news release above.