That is what the presentation of NKP states...and I am prepared to buy basing on my own research
My diagnosis is that there is a strong indication that a corporate action may happen
HOwever nothing is guaranteed in life...and if nothing eventuate then I am prepared both NKP and IGC for at least 12 months
Basing on their drilling and location I think there is a tremendous upside fundamentally.
I just think that there is alot of panic selling out there by people who do not do any research and buying on hope. This is a very dangerouos thing. Sooner or later you will be burnt. I experienced this early in my trading years.
My last post was more for people who has bought in on very weak fundamentals and don't understand the company
Also I think the platinum market is misunderstood in Australia.
IGC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held