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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Post by slapshot36on Feb 27, 2015 1:56pm
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Post# 23472996

Prinicipal repayment due today?

Prinicipal repayment due today?

If I'm reading correctly one of the first conditions are due today. It's a $5 million dollar payment so I'm assuming they have enough cash on hand.  I guess it's just a matter of it they will still maintain the minimum cash balance set out in the conditions (no indication of how much that is)

https://www.stockhouse.com/news/press-releases/2015/02/12/niko-announces-amendment-to-senior-term-loan-facilities-agreement#wpP7Gpj6FIT8XOjt.99
 

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