Niko Resources Ltd NKRSF

RE:new discovery pricing

[mining_pays_my_bills]

Well, at least that gives us a bit of a look behind the scenes- we can see now why the lenders kept giving extensions. That new price is approaching the 8.2$/mmbtu that was promised years ago. That promise is what drove the price of NKO shares up to over 100$. Obviously, that won't happen again, but with those prices (if they happen) NKO can become a profit turning company again. And NKO's ownership in KG-D6 becomes an attractive buy-out candidate. This can't hurt the share price anyways.