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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 bendmeoveron Dec 31, 2013 9:03am
172 Views
Post# 22047871

if they can tie into new deposit

if they can tie into new depositthe new gas find under the KG should able to be reached and tied in very cost effectively   e this should really ramp up production ( yes i know not until 2016 at the earliest  and it wont be considered hoarding because it is a new deposit .........like  I said this is a very convenient find  ......

the new area I think it is has been named D55 is 5 times the size of the original field .which at one time had 10 trillion mcf .which i believe at one point put Niko at a 2.5 billion market cap on the stock market ............ if you do the math ,,,, there is a great potentail here .......... 

oh cyber i do think niko could have a 10 to 15.00 dollar share price again , i just dont see it by mid 2014 ........ it has also been in the back of my mind that Ed is grooming this for  a takeover ...... just dont what the timeline is ..... will Jace Brace stay on as ceo ...? he has no energy background at all ..if he stays on .i think it just might be on the market  gl
Bullboard Posts