UK based CD capital recommends Nkwe I have cut most of the report out to save a long read that doesnt concern Nkwe .If you want to read the whole article , you can look up at, The Energy Report .com .
CD Capital was also the winner of the prestigious Fund Manager of the Year Award by Mines & Money.
Carmel was previously focused on selecting and negotiating natural resource investments for the Special Situations Fund at RAB Capital. Prior to this she was a Group Executive in Corporate Advisory at Newmont Mining, negotiating and structuring mergers and acquisitions around the world for the Newmont Capital group which included the US$24 billion three-way merger between Franco-Nevada, Newmont and Normandy to create the largest gold company in the world.
Carmel Daniele: This Fantastic Crisis Source: The Energy Report 08/20/2009
TER: Do you have any specific companies you're looking at for platinum or palladium?
CD: There's one that's called Nkwe Platinum Ltd. (ASX:NKP). They have a portfolio of platinum deposits located in one of the largest and richest platinum regions in the world. They expect upgrades to their already-large resources, as well as the completion of the feasibility study by late this year.
TER: Carmel, any last thoughts you would like to give to our readers?
CD: I think we are very lucky to be experiencing what's happening with the whole commodities super-cycle. The stars are all aligned, and it's just very exciting. It's going to last a very long time, and this is something you see only once in every couple of generations. What we're witnessing now is something that will be written up in history books some day, with the emergence of China as a super-power and India close behind. And I think that this crisis, though some people see it as a negative, is fantastic because basically there are so many opportunities around that you could buy at distressed prices, and you can throw valuations out the window. For a long-term investor, if you buy now, you can make great fortunes when the super-cycle comes back again, and it will come back, longer and stronger.
DISCLOSURE: Carmel Daniele I personally and/or my family own the following companies mentioned in this interview: None I personally and/or my family am paid by the following companies mentioned in this interview: None
Carmel Daniele is the founder of CD Capital (see a chart of her Fund's Performance) and CIO of the CD Private Equity Natural Resources Fund. The Fund's investment objective is to achieve capital growth through pre-IPO and pre-trade sale companies in the natural resources sector, targeting opportunities that deliver substantial returns on exit.
Carmel was previously focused on selecting and negotiating natural resource investments for the Special Situations Fund at RAB Capital. Prior to this she was a Group Executive in Corporate Advisory at Newmont Mining, negotiating and structuring mergers and acquisitions around the world for the Newmont Capital group which included the US$24 billion three-way merger between Franco-Nevada, Newmont and Normandy to create the largest gold company in the world.
CD Capital was also the winner of the prestigious Fund Manager of the Year Award by Mines & Money.
NKP Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
