Just to put a bit of perspective on the rise in Platinum ,
NKP have a resouce of 70m oz ,and in the past 24 hrs Platinum shot up by $40 that amounts to $2.8 bn in extra value created in just 24 hrs .
Thats about 14 times NKP total market cap at around $200m .
Idiots wiped $16m off NKPs market cap today ,because they were late with a $10m payment yet their in ground value rose by a staggering $2.8 bn
The market is valuing NKPs in ground resources at an unbelievable $3 oz ,and in one day the platinum price rose $40 .
The lunatics are running the asylum .Its a shame that Australian Institutions and investors are too stupid to recognise a gift when they see one .
The big profits will eventually head over to London institutions and the Chinese that buy up these shares .
Our instos fall in love with stocks like FMG and Paladin only after they rise 10 or 20 times their value ,then pass them off to the public as great investments ,but never seem to have the foresight to tip their clients off for the real mega profits .
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nkp increased in value $2.8 bn in 24 hrs
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