well, i'm in for more at these prices.
at the bottom of all the doom and gloom, there is an sp low, and then the wind changes.
All that matters is that the euro restors global sentiment, for us to have a 6m rally.
whether its a bandaid or not, market forces will get on a roll with it.
NKP close to 10c 3 year low. 13.5 close enough for mine. not going to scab my self out of what is clear and present.
Who cares if the immenent is 3 weeks or 3months? its 60m oz of PGMs with a future net cash flow of 40-60 billion.
for a mc of 76m!!!
Anyone need some cold water to drop on them to wake up to that?
Yeah, its SA politics, and tribes, and it takes time. Its worth it. Would i rather pay 60c-100 later on view of further growth as a developer? or would i take a view that 13-14c, and i'll wait a small while for the negotiations to finalise.
Actually, we can thank the course of everything todate for the opportunity to get near 3 year lows, of something that is a boardroom table agreement away from the bounce of all times.
Its not as though it was priced above its weight on drilling some oil that turned into a duster. The asset remains in place, and the regeneration of sp to value of the asset will unfold in due course.
76m mc. Ha!!
Add to My Watchlist
What is My Watchlist?