with global markets heading south at a rate of knots and Xstrata sp around an 8 month low at 940p from last month's high at 1350p I am speculating that the BFS will now be released in June when/if markets settle.
I cannot see Xstrata breaking news this month of a Garatau Project buyout nor any large investment into NKP's platinum at this stage. The shareprice will get hammered again due to lack of overall investor confidence.
Note also that platinum price has gone down, Chinese car sales have slowed, global economies are in a mess.Also instability in Thailand just to add to hot global spots.
Naturally i hope that i am incorrect and that NKP will push against the trend. BUT all markets are being hit as i write this post.
Views welcomed.
I am still holding NKP and do not intend to sell.
NKP Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held