new gas price announcementWhy is this coming as a surprise to everyone? Those that do their DD on this stock know that indian gas pricing formula is based on the weighted average price of gas in russia, Canada, USA, trailing 3 months. Which means the price for April - June is based on the average price of gas in USA, Canada, Russia from October- December 2015. That is when the oil market totally tanked and oil was hitting new lows every day. We could expect the Indian price would be the lowest yet. The next rate, in July will be higher, cause it'll be based on gas prices from Jan- march 2016. And the new fields of course will be priced at 6.61, more than double the current rate. This is a long term play,the value of NKO is intrinsically tied to the global price for gas. If you think it will go up, hold on. If you think it will go down, sell. I think the risk of default has been substantially reduced, theres obviously a lot more faith in the future of this company, they're attracting good directors on the board. But like any company with big goals, you gotta think long term. It is a good flipping stock, if you can stomach the fluctuations, I guess. I'm not that kind of investor though, I plan to hold this thing until it is totally del-risked and making money again as it once was. If it does that in the next 2-3 years it's a 20 bagger from here. If it doesn't, well, then it's essentially worthless, though it will take a few years to reach that point. I'm liking the odds though. The indicators point to success. Don't play this thing based on charts, there's a lot more at play here that cannot be captured in a chart. This is a play for people who know the commodity industry, can see the commercial and political tides turning, can get a sense of what management is planning and how other companies are receiving it.