ive just been reading up on NKP and see caanan investments is european pension fund.
No i also read the investor presentation from 2003 and it said their medium term goal is a market cap of $200-$300m AUD.
now they have a total of 70million shares on issue, so at $3/share their aim should be acceived.
but what i wanna know is what if they have to issue another say 50million shares to build a mine, than they will have like 120million shares on issue and at $2 a share market cap of $220million, which is their goal, so
NKP will probably only be about $2-$3.50 in the next few yrs at best right?
or could it be alot higher.
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please someone read this.
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