Niko Resources Ltd NKRSF

RE:MD&A

[monzie]

Zhantao wrote: Am I the only one who has a bad feeling after reading the MD&A?  I mean, I still think Niko has the potential of being back on its feet (potential), but MD&A reminds you of all the debts and basically looks like common shareholders may get screwed.  Not bashing, because I didn't write the MD&A obviously.    

Aside from the production and price forecast for the Indian assets what is it that you find so different from the original MD&A?  All the debt talk was stated in the original MD&A.  Unless you're saying this is the first time you're reading the FY16 MD&A, I really don't understand why the amended MD&A is giving you such a bad feeling when the original one didn't have that affect on you.