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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Bullboard Posts
Comment by wasagastaron Jul 18, 2016 11:13am
87 Views
Post# 25061618

RE:RE:RE:NKO

RE:RE:RE:NKO
Zhantao wrote:
monzie wrote: To sum it all up it's pretty much just a reminder of everything we already know.  The 2 year plan is a go.  They're still negotiating with Diamond which could result in commons getting screwed. The ICSID is still investigating the JVA and blowout cases.  Petrobangla has withheld payments 4 million dollars in total over the last two months as well not paid the 35 million owing yet. And that the company believes it is in the right with the Bangladesh issues and will fight it. 


If Niko finally receives the Petrobangla payment (@ssholes!) I would like to assume it would go towards the Diamond debt.  I hope?


I'm not sure. I thought that money was supposed to go direct to lenders. But maybe no principle payments need to be made until end of 2017 as well? Wish I knew. That money needs to be paid - pure bs by Bangle gov.
Bullboard Posts

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