for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

BRIEF-Niko says co's liquidity situation remains a critical concern​

Nov 14 (Reuters) - Niko Resources Ltd

* Niko reports results for the quarter ended September 30, 2017

* Company’s liquidity situation remains a critical concern

* Niko Resources - co has required certain consents from senior lenders to fund cash requirements over past months and received required consents

* Niko Resources - expect to require additional consents over upcoming months;no assurance can be made that lenders will provide consents in future

* Niko Resources - failure to enhance co’s cash resources on a timely basis will have material adverse impact on ability of co to fund its operations

* There are material uncertainties that may cast significant doubt about ability of company to continue as a going concern Source text for Eikon: Further company coverage:

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up