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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 Mar 05, 2014 11:32am
233 Views
Post# 22283167

not sure i would want a takeout at 4 or 5 dollars

not sure i would want a takeout at 4 or 5 dollarsthis could have a cash flow of over 125 million per year easily by 2015 once they do tie ins .... it only has a market cap of 250 million ........ yes the long term debt is an overhang for sure

if the d-55 is a the reource they think it is ..21 year life at present rates of KG i think you will see at lot more people move back into this company ......remember the bank line they had because of the KG reserves ............  if the d-55 is bigger this will bode well for the future       gl
Bullboard Posts