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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 Thailanddanon Sep 01, 2016 6:21am
89 Views
Post# 25198238

RE:Guilty....? This is not good at at all....

RE:Guilty....? This is not good at at all....My opinion is:

Of course they were found guilty, the verdict was in before the inquiry started. They just had to make it look like a real unbiased decision, so as not to freak out other oil companies. It was a witch hunt and the outcome was rigged

What will the penalty cost is the question? To be honest some gas likely did migrate but the number is of course is no where near the "MAXIMUM" thrown out and  I am sure Ril etc. figured they would end up paying the moment this Bu#%sh*t started.

Newspapers love to through out the worst case senerio and the biggest numbers they can come up with.

Fire pumper also brought up the point overlooked by many, regarding the payout. It will based on profit margin not gross income.

I would bet the eventual payout will be more in line with:  50% of the max. number implied and  the profit  on that 50%?  

All that said I sure would like to see something swing in favor of NIKO.

I am sending the girlfriend to the temple in the morning and told her to throw a couple of Buddhist prayers in for Niko and us shareholders :)



Bullboard Posts