Niko Resources Ltd NKRSF

RE:RE:RE:RE:RE:zzzz

[HumbleTheTrader]

wasagastar wrote:

Bpultra wrote:

Zhantao wrote:

HumbleTheTrader wrote:

MasterDhruv wrote: NKo mgmt is really making us wait. Stock is being held up well tho. Its been sitting at .20c just waiting for the update regarding the consent of solitation. 

The mgmt is quite quick in sending out NR's and keeping shareholders informed so should be soon, the market clearly knows that

Everyone should also remember that this isn't a sure thing. Consent may not even go through. I believe it will though but even if so, so what? Share price might go up a bit but I doubt it will bring us to a new significant base. I think for this to remain steadily higher, more needs to be done and maintained.

==============
Yes the longer one waits or has to wait seems like they may have some issues somewhere... why wouldn't if as they state .. and  if they pretty well have everyone or the required amount signed up ...and they need a few more %...what is the hold up?  Is it just a long paper process or is that $%%##@! diamond issue a bit bigger than everyone thinks?  there seems to be a bit of a snag somewhere IMO..
 

If there was a snag I would think the notes would be trading lower now and they aren't. I believe there would also be a sell-off and there isn't. It should pass, they only needed about 17% of the remaining note votes. I'm sure Disbrow and Haywood give them that. It could just be a paperwork thing. Hopefully an announcement this week. Next week we should get the news on RIL/NKO/BP filing the withdraw of arbitration.

Not even 17%

They need 6.67%

They already have consent of 60% Noteholders and 100% Senior Lenders

Anything has a chance of not going through, but seriously, if u dont know the odds at play here after it has been spelled out for you over and over, this aint the stock for you so go somewehre else