NKP 0.00% 9.9¢ nkwe platinum limited

3.5 $ - 7.50 $ broker target

  1. 1,756 Posts.
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    Hi guys,

    I noticed that there has been a substantial increase in views over the weekend which I think might be due to our american investors ( from friday's NY presentation) gathering information about NKP.

    I think it might be worth highlighting the shareprice level NPK could potentially reach in the short - mid term.

    BTW, I'll only quote the march 2009 broker report because the August broker report assumed that NKP will dilute their register for the IGC acquisition tremendously which we know didnt happen due to some excellent management decisions. Thus, their price target was 3.50 $.


    Here's the broker report stating 7.50 $ as a realistic target on a conservative PGM basket price of 1200 USD / ounce.The report is using old resource numbers so the stated target price can potentially be upgraded.

    http://www.nkweplatinum.com/images/nkwe-51--eezoh.pdf



    Cheers
 
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