NKP 0.00% 9.9¢ nkwe platinum limited

broker target 7.50 $ within 2-3 years, page-7

  1. 3gb
    963 Posts.
    I am fully invested but follow other stocks because one day I will want a new investment. I agree investors these days are risk adverse and this presents opportunities. If you go to many threads on Hotcopper you will hear the same thing, the share in question is ridiculously cheap. NKWE has a good story. One thing that discourages me is that platinum is a bit obscure for me. Uranium, oil, copper, potash I sort of understand but platinum I dont feel confident in. Even rare earths and lithium I can see the potential value. The impression I have is Platinums primary use is in catalytic converters for emission control in vehicles. This market drives the price. My concern is technological advances will reduce the need for platinum catalysts. It is probably largely or entirely emotive for me to think this way. When Xstrata use there option holders will start to see a reward.
 
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