The current price of PGMs is close to cost of production, depending on the mix, when including plant depreciation and amortisation. Until the price of platimum rises to around $2kpoz it is difficult to justify new ops.
Perhaps that's the reason that the BFS required (still does) optimisation.
Talk to those in the game, as I often do. You will discover that resources in ground do not a profitable PGM operation make.
As a best case I suspect NKP is worth, at today's prices much less than 100cps, at a guestimate (not mine) its 45cps provided that one of the majors thinks long term. Do not see that happening until current world financial issues are resolved, say 2017.
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