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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
Bullboard Posts
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(12)
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Comment by ziboon Apr 27, 2016 5:57pm
135 Views
Post# 24817407

RE:RE:RE:RE:OWE?

RE:RE:RE:RE:OWE?The real thing everybody should look at is that on March 11 GOI announces new gas pricing for D6, and 3 days later on March 14, NKO & the note holders & lenders came to an agreement to amend the terms of financing. After years of not being able to come to an agreement, within days of the new gas pricing policy being announced an agreement is reached. The new gas price policy has doubled the value of D6 and the lenders and note holders figured that out real quick and no that they will get their money because NKO now has equity well above their debt.
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