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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 Jun 30, 2016 10:45am
74 Views
Post# 25012143

RE:also monzie

RE:also monzie
bigbird456 wrote:
pre was producing 150 000 barrles a day 20$ per barrle. they were way better off than Niko. Let's not forget including liabilities nko is in the whole 1.2b and that Is alot for such a small producer that hasent made 1 cent off thier intial investment


Yes and their net loss for Q1 was 900 million dollars and their net loss for the year was 5.5 billion dollars.  Whereas NIKO's was net positive for the last quarter at 77 million dollars and their net loss for the year was 56 million dollars.  Grab a calculator buddy that's one percent of PRE's net loss. And including all exploration obligations and liabilities the total is 960 million not 1.2 billion. 
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