XAO 0.77% 8,209.2 all ordinaries

Short Term Trading Weekly Starting: 28 May, page-61

  1. 12,835 Posts.
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    Everyone throwing money into maybe great resources ....NKP holding one of the Largest PGM projects in the world absolute monster PGM resource (when one includes the very under-explored lower palladium rich reef ) Only worth 65mill AUD Vs 10's Billions in critical to Chinese Govt low emissions goals PGMs

    Zijin/JJ holds 60% needs 75%(under Bermuda law) to push through 8c takeover offer of shares not held

    I am part of a united free to join minority group ...we hold 26%+ and are continuing to BUY the SP

    Down-side risk you get 8c upside 40c+ Zijin has the funds approved to develop and recently the mining license.

    AGM coming up

    Zijin/JJ has two options increase the offer substantially or Neg with Minority group simple
 
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