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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Comment by mining_pays_my_billson May 20, 2016 11:40am
127 Views
Post# 24892503

RE:RE:BIG RED FLAG HUGE RISK FOR NKO

RE:RE:BIG RED FLAG HUGE RISK FOR NKO Here's the date for scotia's price target: August 2015. Here's the reference: https://www.octafinance.com/scotia-capital-analyst-reaffirmed-0-10-price-target-on-niko-resources-ltd-tsenko-stock-while-reiterating-underperform-rating/ When NKO was a 'going concern'- Way before any of the good news came out. NKO is on an upwards trend due to several good things since that dismal price target. Analysts do not account for unforeseen in their targets. And NKO has had a lot of them. Wait until their partners officially withdraw arbitration, and drill a new well and they receive more than double their current rate for gas. Then let's see what the price target is when there's actual cash flow to validate the analysis.
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