1stocks1,
If you want to hold and forget (or say for 2 years) then this share price movement is probably nothing to worry about.
At the range of 15-18cents its probably a good outcome after 2 years (barring another GFC2).
Just because its investment grade does not mean that I would not trade the stock. There are many stocks that will have the 'investment" grade applied to it but fact is that in this market (and my guess is short-medium term) trading is the best way.
The mining license is good news in the longer term but the market says otherwise (and yes the market can change). I keep the "fundamentals" in the back of my mind but will move with the market.
NKP has a good asset (I have never doubted this). The management is crap. Insider trading galore ...opps I mean forums traders galore. Why would I apply an investment strategy even though the asset can be considered investment grade
In the end the only loyalty one should have is to their personal wallet.
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