$7.50 broker npv target - trading at 17c..., page-41

BB,

Your post showing the path to $10 certainly makes attractive reading (even with all the known risks taken into account). However I was wondering your thoughts on Yields post on the IGC thread regarding NKP. Specifically the following comment:

"the better analysts put a maximum valuation of 45 cents on NKP last year using a medium Platinum price of $US1,600 oz. The $7.50 a share is a work of fiction in my opinion (read all the broker research and you should come to that conclusion as well I reckon)."

Personally I'm trying to assertain if 3/4 year price target of $5 plus is realistic or not. Obvioulsy factored into this is that known risks are overcome (BFS results, XStrata, water/power). There seems to be some conflicting thoughts out there - unless the 45 cents Yield quotes is a short term valuation prediction. Appreciate any thoughts you may have.