There has been and still remains a lot of uncertainties in South Africa but I think the possibilities are very real and exciting :
It is more than likely that Glencore will do a JV with xstrata and there has been talks of Anglo America wanting to sell their South African assets and in the past Xstrata had shown interest in a take over of Anglo.
Furthermore in the near future,we should hopefully be getting some good news on BFS and further evidence that NKP has secure and solid resources.
I really believe this is ground zero for NKP now and when the change comes the off take will be fast and furious.
NKP Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
