well well well, i hope i dont offend anyone, but when i read that first page of this trading halt, i almost came in my pants :)
I know i shouldnt count my chickens before they hatch, but looks like by friday, we will know 100% if PL has pulled off a JV, and on what terms, if we get a 50-50% deal, or if NKP only retain say 30% (which would still be great of course)
or if we get another announcement on friday saying , the JV is IMMINENT, which i hope dosent happen, but with this bunch of amateurs you never really know.
But if the JV really happens, with X or anglo, and its a 50-50% deal and we close at say 36c about a 50% rise, i will nominate PL as best director for 2011 to the asx, and of course i will take back all the negative things ive said about him, (as we know he reads HC, as per the 2nd last announcement) :)
SO cant wait for friday guys, good luck to all the LT holders, im not expecting total fireworks here, but if its a descent deal for NKP with one of the majors, i expect to see NKP at 30c at least, lets hope the DOW has a good thursday, as it would be ashame if we got a great announcent and the ASX was down 50points or more.
NKP Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held