Judge , The $60m that NKP has agreed is an excellent price for IGC's 15% . If the same price per ounce is applied to NKP ($20 per oz ) ,it would be over $1.50 .Either IGC is way over valued or NKP is way undervalued . From valuations I have seen on other companies ,$10 - $20 per ounce of in ground platinum seems fair . NKP then must be a fraction of its fair worth . Maybe you are in the wrong stock .
IGC Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held