NKP nkwe platinum limited

predicting the future, page-20

  1. 1,309 Posts.
    Kiwi ect, I personally think that there are alot of things that you are not really taking into consideration.

    You seem to be treating NKWEs projects like they are just some ordinary small to mid size project that is struggling to get off the ground, the fact is this is not the case.

    The only things that have held us back are the legal issues and the long awaited BFS, fortunately it appears both are very close to being sorted.

    We are talking about $400 million for two projects that could annually produce about 1/7 of the worlds Platinum for over 50 years. Do you think someone like Xstrata would bat an eyelid when they have about 7 billion to spend on new mining projects in 2011 only? Clearly they wont.

    The simple fact is projects like this are the only ones that will be developed in a credit crisis, because when everything goes bad, its only the very large, low cost operations that are sustainable and profitable.

    The largest players in the mining world clearly look past a 1-3 year time frame when investing in such a large project, so when the legal issues are clear, the BFS is completed and its finally "game on", how long do you really think it would be before someone snaps it up, cerdit crunch or not?

    Working for a large mining company myself, I can tell you that even in the current financial environment we are still currently "all systems go" on new project spending.

    I think maybe you should think out of the box a little with regards to NKWEs projects and future. I can say one thing for sure and thats once the legal issues are gone and the BFS done, NKWE will finally be the ones holding all the cards and it will be an auction to the highest bidder.
 
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