I think that just having Zijin take the reigns will re-rate this - time for the grown ups to take charge.
It has taken a long time for team Genorah / NKP to move forward, with little to show of it.
All i note in various releases of substance has been revised BFS, on mining methods.
In essence, they are very good and tripping over their own internal issues with untold delays that perpetuate it seems.
It doesnt take as many years since xtrata walked away, for a great asset to find another suitor, unless the internal compass is lost.
Chinas largest gold producer taking control?. All the internal BS of the past can be buried in a deep hole.
Time to move forward.
Beyond that initial reaction - has to be Zijins next move.
I have stated before my reason for being here. Take over. Big outfit moves on top tier asset, with little player NKP.
Result - Little player is taken out.
Takeover. 30c
But they may even get it cheaper, as most shareholders have had their expectations continually eroded.
But a great 4x-5x if you want a opportunistic play
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