Niko Resources Ltd NKRSF

I see something more

[Thailanddan]

Maybe I need to read it again but I was seeing something most of you might have missed. I saw the verbal hint that the lenders are concidering financing some of D6.

Which is very logical if you think about it, concider what happens if Niko defaults on its obligations for the cash  call on D6.  Niko falls apart and the creditors bleed out.

The creditors do not want a big multi year court battle and then getting only pennies on the dollar. They want full reimbursement including, all interest and surcharges. They would as we all are aware, prefer Niko to sell the D6 asset but with the Indian government trying to pull a fast one, they can see the writing on the wall. Until that issue is settled  finding a serious buyer and receiving a fair market value for the assets of Niko is just a pipe dream.
 
So if coughing up $50 to $100 million extra in an iron clad hard core contract deal in their favour is the only way they can hope to get back the other  $200 mill an additional  loan will  happen. They will whine, snivel and cry foul but the additional funding will happen.
 
Of course this is all only my opinion  but I can even see that the not being able to sell D6 at this time as a possible big fat plus for the common shareholder. 

I won't be selling off on open for sure!

GLTA