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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 SomewhereElseon Jul 06, 2016 1:10am
120 Views
Post# 25026142

RE:WTF is this ??

RE:WTF is this ??Okay, got it.
The 858 million is in Trinidadian dollr (TTD) which equals 129 mms USD as reported in their last statement.

"As at March 31 2016, the Company's exploration subsidiaries in Trinidad had $22 million of accounts payable and accrued liabilities (including PSC obligations), and $129 million of recorded liabilities for unfulfilled exploration work commitments with the unfulfilled commitments and PSC obligations backed by parent company guarantees."

Link 
https://finance.yahoo.com/news/niko-reports-results-ended-march-221507392.html
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