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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 ziboon Aug 01, 2018 10:00am
143 Views
Post# 28397119

RE:RE:Expatman

RE:RE:Expatman Thanks for your spin on things Expatman, I agree financing is the biggest issue, NKO needs 200 million going forward to remain a partner, so either they obtain re-financing or sell D-6, today D-6 is worth 170 million more than yesterday at this time, I think the most likely scenario is the sale of D-6. I think the lenders would prefer getting paid out and have the hammer at this time. Either way something should happen soon a halt wouldn't be a surprise.
Bullboard Posts