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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
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Comment by Caritas3on May 23, 2016 9:23am
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Post# 24897212

RE:Cup'n'handle formation on the weekly chart...

RE:Cup'n'handle formation on the weekly chart...Question Calenderj...Fantastic growth opportunity for NKO in KG-D6 block and RD-34! However, where will NKO gets its 10% of working capital to further develop these 2 blocks? $153 and $318 million consecutively... Not to say anything about MJ-6 when development plans are finalized for that block. Raising that kind of money down here at 20 cents or even a dollar is alot of dilution! Thanks.
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