They will dullute, further and further. Exceptions?
Stand up NKP. - An exception whose tier 1 asset is not in question. - Pending a JV that will spell out, no further dillution to the NKP capitol basis, and surety to production of a robust DFS, and cash up what is needed, with, or without the anglo cloud shifting.
A Stock, sold out with the tide of all the market, yet, has a significant catylst in waiting.
A motor boat to take it against the tide, a JV partner that puts up the cash to develope garatua, when cash to develope is highly sought after comodity.
Not to meantion rumours of a possible take over when the jv is in place.
Now, looking around, i cant say the same for many other stocks. Whose rocket has its tanks fueled and waiting for a dry match.
The sellers, spooked by the capper at 14, the buyers, not prepared to pay more, when there are monkeys still losing their grip from the tree. Its accumulate time. How the monkeys will be chewing their arms off in disgrunted pain when the JV falls in place, and potential takeovers emerge from the shadows. Dont be a monkey.
NKP Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held
