The NKP valuation is harder to do
If they develop this then there would be a massive dilution if they are going to raise say the $1 billion that they need.
Even with a JV this would affect the valuation too... obviously this would take out vertain risks as well
I see a $2.50 target price for NKP in 12-18 months.
Until a corporate play is revealed to the market then I think a $10+ long term valuation is abit too much
I know platinum prices are high and market conditions look great but beingconservative is the way
My sentiment for NKP is a LT buy is because the seem to need to get IGC issue resolved whatever that may be... JV, merger, takeover etc
Just my opionion
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INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
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