Why is this it a worry? 25/08/2010 NKP closed 0.455. We have been there before and bounced back. We are now waiting for pending announcement of final BFS and decision from Xstrata. Even if Xstrata says no, there are other interested parties waiting to take their place. But would they not with these massive assets NKP have. I think it is top up time.
Once it bounces you will never see this share price again. D&D buy recommendation is up to $1.00 and hasnt changed. Go back and look at history and look at the NKP share price when it hits sub 50c. The difference this time it is Q4 with serious announcements. Seriously I cannot understand why there are sellers. My opinion only.
NKP Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held