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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
Comment by mining_pays_my_billson May 03, 2015 10:01am
185 Views
Post# 23689167

RE:RE:RE:BP/RELIANCE ???

RE:RE:RE:BP/RELIANCE ??? TJ- BP already has a 30% interest in this block, SP if they took out NKO their net ownership would be 40%, and 60% RIL. Definitely not a pimple sized ownership as you state. I think BP could be interested. Additionally, your previous post said NKO had book value 30M vs. over 500M in liability. P.24 of the latest financials has assets at 763M and liabilities at 730M. So yes, book value of 30M, but thats net of liability.
Bullboard Posts