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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
Post by Manthebullon Oct 18, 2018 7:35pm
130 Views
Post# 28831442

my Main reason for staying positive

my Main reason for staying positive- Lenders let NIKO pay for previous cash calls from the proceeds of income tax of around 15$million instead of abosorbing it per waterfall agreement.

- They also decrease the restricted cash to nil so the funds can be used by niko.

Doesnt make sense for them to let Niko use these funds for nothing.


Bullboard Posts