GREY:NKRSF - Post by User
Post by
mining_pays_my_billson Mar 11, 2016 1:16pm
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Post# 24648834
The major thing holding NKO back and preventing a sale
The major thing holding NKO back and preventing a salewas the uncertainty surrounding Indian gas pricing. Now that hurdle has been crossed, and in a big way, I think they're a viable buy-out candidate. NKO has always been clear that their crowning jewel is their D6 assets, even though Bangladesh was more profitable the last few years, NKO has refused to dispose of D6- I guess now we see why. With this hurdle crossed, this company is significantly de-risked, and operating in the most rapidly growing economy in the world-India is the new China. I am looking forward to the tone of the next quarterly, gonna' be a lot more positive, maybe some news about talks with interested parties again. I need a few more cents added to the SP to break even. I may just sell now, and buy back in on the pullback- cause there will be another run.