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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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(12)
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Comment by ziboon Oct 19, 2018 12:42pm
162 Views
Post# 28835783

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:my Main reason for staying positive

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:my Main reason for staying positiveIf they get financed, it means D-6 is a safe investment for the lenders, Niko will be reporting revenue in the hundreds of millions @ year, to have a M/C of 94 million would be well within reason so 1.00 a share would not be unexpected, if nobody's going to provide financing the only alternative is to sell D-6, for what ever price they are offered, or lose D-6, hard to guess what the outcome in that scenario would be.
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