Niko Resources Ltd NKRSF

RE:RE:RE:RE:The sky hasn't fallen!

[monzie]

Who knows with Diamond they don't exactly have the best relationship with Niko. But then again Niko has been making lump sum payments to them periodically plus there is no interest on the amount owing so i can't see why Diamond would object to a couple months leniency. The noteholders are what surprised me the most with their stalling considering the interest payment is only around 4 million bucks, although i can see their point a bit cause they pretty much got b!tch slapped by the lenders seeing as Niko has over 75 million in the bank and aren't allowed to make this relatively small payment compared to the 60 million dollars that they've paid down towards the loan in just a few short months.