valuation, page-39

18 months later.. and I'm ready for the abuse and up-ramping calls that will no doubt follow.. But ( unlike some others) I'll stick with my valuations above... give or take a few roubles either way.. Essentially for the reasons as I outlined above.
I'm not saying NKP will get there next week.. but fundamentally the ground is still there untouched and hopefully nearly ready to be mined.

NKP will hopefully be rerated in time to that equivalent to it's peers once, among other things, the remaining few hurdles are sorted out ( and I believe they are all resolved- Anglo will walk, ARM will still be in the picture for future joint ventures/ synergies in operations ..it is now a matter for formalising and announcing in a manner that appeases numerous parties associated with the deals)

With new management at the helm (at the appropriate time) and the funds soon to be available to take this to the next level ..it may take a while for the share price to ramp up .. (given the track record of the company..) but it will happen..

As others have pointed out on other recent threads .. latest mining techniques/methods to be implemented, 50 plus years of mining, PGM demand etc etc. BUT over time the market usually gets it close to right..

IMO There still are and have been some serious games played with the share price.. holding it within a range... Z want 74% of this extremely long term cash machine company and there are players helping them to achieve this.. seeds of doubt eg: sell due to Sth Africa politics/ 35 cents would be a great outcome for a takeover etc.

IMO Z will reasonably soon after the next few NKP announcements be advising of more share purchases and will be offering an insulting price to purchase options off existing holders...an equally insulting takeover share price will no doubt follow in the months to follow. IMO- Don't sell.

As noted by others in the above ( 18 month old thread ) there are analyst reports giving share indicative prices( DJs $1.25, Edisons $.92 etc ) and the rational behind their pricing in multiples of the current price.. FYI some of the reports are still available on the company website.

Bermuda law is interesting for takeovers.. my own due diligence along with a couple of phone conversations with a legal professional based in the UK on the matter has given me some comfort that with the data I have available and IF the need arises ?? a fair and equitable outcome can be achieved.
If not previously done I encourage others to also do some due diligence on the matter.

Time has taken it's toll on this company.. hopefully the long term suffering shareholders(and the new ones) with a bit more time will hold for the real rewards that this company is so very close to being able to potentially and over time hopefully deliver.
Ok.. bring on the constructive abuse.. ( but hold your shares for a real return )