Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 monzieon May 31, 2016 11:33am
239 Views
Post# 24919352

RE:man the pumpers are rentless here

RE:man the pumpers are rentless here
bigbird456 wrote:
so what if they not holders extends nko payments ect. means nothing as they have too sell everything in D6 as thier best assets so they can drill. the bangalish assets is worth pennies to the dollar inwhich they paid for they can't even sell thst as it is junk as all thier assets you can't make money it has been proven look at thier q reports. 1$ is a very good dream .there are so many oil compaines out there with better assets cash on hand and fraction of the debt that is worth .50 and .40



Actually I think its you that needs to look at the Q reports again.  The Bangladesh assets are the only thing making them money right now (look up the definition of net profit).  Who knows what they could get or if they're even interested in selling it outright for the time being.  They were only interested in selling it a few years ago because they thought the Indian assets were worth alot more than they currently are. But they're also gonna need funding to contribute to the new drilling at kgd6 so maybe a JV or outright sale is back on the table.  Once again who knows for sure? Not me and definitely not you.
Bullboard Posts