Niko Resources Ltd NKRSF

RE:RE:NKO

[Chucklee]

monzie wrote: To sum it all up it's pretty much just a reminder of everything we already know.  The 2 year plan is a go.  They're still negotiating with Diamond which could result in commons getting screwed. The ICSID is still investigating the JVA and blowout cases.  Petrobangla has withheld payments 4 million dollars in total over the last two months as well not paid the 35 million owing yet. And that the company believes it is in the right with the Bangladesh issues and will fight it. 

Yeah, pretty much. Was hoping they would have a surprise with the Diamond Settlement. Hopefully, the SP ends up in mid-20s. But i highly doubt it.