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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 Iceman2000on Jun 10, 2015 10:31am
136 Views
Post# 23815397

RE:insiders

RE:insidersThe management has to go for this stock to ever have a chance to rebound.  The CEO and CFO are wearing rose color glasses and don't understand risk reward.  Or they only care about risk other peoples money for personal rewards.

The CFO is number one on the list to go.   I personally sent emails saying your over leveraging the company.  Pay out some interest in shares or do some deals in shares to raise cash.  He said didn't make sense or would at future date.  Now look where they are.  Too much debt and no cash to play this game of India foot draging.

The CEO is equally to blame because as captain of the ship he could have made better decisions.

This stock would bounce if they were removed.


Bullboard Posts