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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
Post by Chuckleeon Feb 14, 2018 6:03pm
237 Views
Post# 27561425

Latest NRs out

Latest NRs outAny comments? One of the paragraphs about a much talked topic here: NEC-25 relinquishment As previously disclosed, in the second quarter of fiscal 2016, the Company withdrew from the NEC-25 PSC and relinquished its interest to the remaining interest holders. In the third quarter of fiscal 2018, the Government of India approved the assignment of Niko's ten percent interest in the NEC-25 PSC to the remaining interest holders. Unless I'm mistaken this doesnt sound like we're going to be receiving a payment.
Bullboard Posts