Niko Resources Ltd NKRSF

RE:ownership

[amirfa]

True dubsbs....No idea. I think company itslef doesn't know where it stands now. Same shall be true for the potential buyers. How can they put a price, if there is no clue on the outcome of arbitrations, deep gas premium, (determining worth of company) etc. Not only that, the gas pricing formula needs restructuring. I reiterate that if that formula doesn't get changed, the next gas price shall be lower than the current. 

Situation is clear as mud w.r.t. to potential interest of buyers towards gas exploration in India but the minister of oil thinks that they have been successful to attract many. Good luck!