I think the question is...How much longer will Xstrata be allowed to stall?
Should NKP wait until their bargaining position is diluted?
Given the money the Chinese are throwing around, coupled with their intent on being the largest electric car maker in the world, I wouldn't be waiting on the Swiss.
Chinese have a stranglehold on rare earths, suggesting that similar with PGM's would be majorly attractive.
Beijing is also enjoying an increasingly stronger presence in Africa
I'm sure at the least a similar deal to Xstratas could be negotiated. No Brainer to play off interested parties against each other
NKP Price at posting:
59.5¢ Sentiment: LT Buy Disclosure: Held