The lack of information from management is a worry. Remember their previous announcements and that classic statement "is/are imminent". Yeah, so is receivership PL !
Platinum price now lower than gold.
Project on shakey ground and money still leaking from NKP. IF a JV happens, NKP will get less of the cake. A JV'er would know NKP's precarious position and exploit it. Might be why the delay and silence ??
Have written off NKP investment on my books as I can only see one outcome here. If I'm wrong and the phoenix rises from the ashes, well I'll just put them back on the books.
NKP Price at posting:
17.0¢ Sentiment: None Disclosure: Held
