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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 Manthebullon Aug 01, 2018 8:15pm
140 Views
Post# 28401500

RE:RE:@m8magic

RE:RE:@m8magicBp paid 7 billion for many blocks including D6. Niko specifically said they didnt find any buyers when they started the sales process.

I think its good for every stakeholder if Niko is sold for higher price. RIL and BP had their chnace to take this for low, BP and RIl decided to invest more before the arbitration....they obviously knew things were going their side.

I am hoping someone would buy this asset but expecting a billion dollars for 10% in Kg d6 is too optimistic..at Max you are looking at 600 million. which would be good for everyone....as I said in my previous posts this is a gamble.
Bullboard Posts