GREY:NKRSF - Post by User
Comment by
deismanon Jan 01, 2014 11:23pm
217 Views
Post# 22051635
RE:RE:NIKO is still paying their bills (Very Good News!)
RE:RE:NIKO is still paying their bills (Very Good News!)Missing your point factsfinder (if you're trying to make one). Could you put together a few sentences and give us your line of thinking. I am really interested in your thought process.
As a point of clarification, the 7% convertible note that I received an interest payment on isn,t the one that is maturing now but is the one that has a due date of Dec31,2017
My take on it is; since NIKO has made this payment chances are they now have all their ducks in a row and will have enough cash/credit to get them over the hump. The shareprice has reached its bottom and in April NIKO/ RELIANCE will be getting twice as much for their nat gas. Have a read http:/w/articles.economictimes.indiatimes.com/2013-12-29/news/45674911_1_bank-guarantee-kg-d6-d1d3
Might be a good time to go long......................... Or maybe you've been long all along?