Could someone enlighten me before I buy. I am a shareholder in IGC and wonder how this will ever get to $7.50, the reasons why I think this....
NKWE have 59% IGC have 15% BEE have 26% = 100% NKWE take IGC 15% that gives them 74%
xstrata will get 50% of the whole show, because they will develop the mine to production does this mean NKWE will only have a 24% interest in this mine? and the BEE will have 26%...I feel that the whole truth is being handled a little carelessly....
Would like other views regarding this,I could be wrong, but if I'm not this would reflect on the sp of NKWE..
NKP Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held