NKP 0.00% 9.9¢ nkwe platinum limited

Ann: Reinstatement to Official Quotation , page-102

  1. 13,575 Posts.
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    Quite true Stagman and I have at times posted stuff/items that dont exactly support the stock.Whatsmore I respect posters that post both sides of the discussion as long as there is the info to back those views.

    There are a few posters,one in particular,that constantly downramps.Not just NKP but every stock they post on.Wont name names as I got in a bit of poo last time I singled them out.

    No time in the bin though!Tweets had mercy:-)

    It would also be silly to assume that Xstrata will make this a cake walk.As the time honoured saying goes,nothing was meant to be easy,and given this JV is a 50:50 arrangement with Xstrata footing the whole bill for mine development/processing for what is likely to be one of the highest capex eastern limb projects, then they will want the project detail tied down as tight as a drum,which is being reflected in the further in-fill drilling at Garatouw and which should end up with a considerable portion of the inferred into the measured.

    What I was expressing to Kiril was that there is a considerable speculative element involved in current trading of NKP.I saw it happen with Aim Resources and Im seeing the same trading patterns here.

    I guess it was an overly wide generalisation to say that many of the recent negative comments are trader connected.Its the nature of some investors to post doubts when things dont seem as rosy as they could be.

    Re the PL situation,its not my preffered corporate structure(espc given how many companies he looks after) but much of the pivotal liquidity investment base is on the ASX so there is no option but to keep PL as the go to man until they shift this bias by listing elsewhere.

    d.
 
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