NKP nkwe platinum limited

npv, page-105

  1. 5,765 Posts.
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    You have atually agreed with almost everything I have said other than point 3.

    Re point 3 - I put my reasoning as simply as this.

    Today NKP is 40-odd cents. With no JV partner signed up. If, tomorrow, X signed up with financing agreed, NKP would have a seriously higher SP becasue the single largest risk for NKP at the moment is getting committment from X.

    I put it to back to you, tell me why NKP is not trading at $3.55, or according to your numbers $3.55 plus 25%?
 
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