This is the ground Nkwe couldn't secure due to the ongoing legal battles. The best of Nkwe. Nkwe were taken over by Zijin who have now put Garatau (the retained project of Nkwe) into production.
This is a dirt cheap valuation for a start from surface D sure 100k pa ramping to 250kpa PGE producer in known no surprises geology and recoveries.
Only thing I can see holding this back is the past odour of ordure from Nkwe and political risk from SA- (even though they seem to have the ownership and black empowerment already sorted. )
It was so good I leapt at it too soon last week. But will look to accumulate on weakness
SPD Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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