Just a question to see if anyone is taking a major punt down here and loading up the horse and cart.
Soooooooo tempted. Got a good package in high 20's but getting keen to load up in the lead up to 'imminent news' ha ha. But still if it does come it will be a massive re rate for the stock, the kind that creates wealth in months.
My other question is does anyone have a worst case scenario prediction. that is if we only hold what we have and don't get anymore of the tennement, highly unlikely but still, and if there is no joint venture and we have to go it alone and then there was a capital raise. What would the downside risk be. What would be a floor. Im assuming 20c.
If that is the case then does not the risk to reward ratio compel us to buy.
What you think
NKP Price at posting:
32.5¢ Sentiment: LT Buy Disclosure: Held