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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 Oct 25, 2014 7:48pm
426 Views
Post# 23061488

JP Morgan analyst says

JP Morgan analyst says
"Taking various factors into consideration, we now assume prices are raised to $6.5 per mBtu later this month, rising $1 an mBtu every year thereafter, before stabilising at $8.5 a mBtu," they had said.

this is why Niko will raise more money and survive .....when you factor in the new D55 discovery imo NIKO will raise more money its just a matter of how and the dilution to stock price .it certainly wont happen by issuing stock at .35 cents   they will find the money somehow ..stay tuned .this isnt anywhere to being over yet 

Bullboard Posts