GREY:NKRSF - Post by User
Post by
bendmeoveron Aug 22, 2014 10:58am
302 Views
Post# 22868885
yes things are tight right now
yes things are tight right nowi dont think anyone disputes that ...the last time the stock was this low .was when there was talk they werent going to get financing and going under ........
the NPV of gas left at KG at 4.20 ia around 20 bilion ..10% to niko less royalties and costs .
if the new find holds 4 times the amount of gas as KG . then we are looking at a NPV of of 80 billion ......at 4.20 or 120 billion at 6.5 less capital costs to bring it on line ......... which i believe estimates have been around 3 billion ....... niko will squeak through this rough patch and be fine
the total reserves of new find wont be officially released until gas price is settled .after that i dont think Niko will have a problem raising money ...if the gas is there
.if it wasnt for the new area they are drilling ...i certainly wouldnt be invested here