palladium in a strong uptrend , page-7

I dont konow of any other PGM company with any where near an EV of $1.70
The transactions and takeovers listed from 2006 -2008 in the Jubilee report averaged $11.30 oz,
This was not for producers ,only companies in the resource drilling phase .
This is about a sixth of the value of these other companies years ago .
Every way you do a valuation for Nkwe it points to a valuation of $1.50 ,and they are still drilling .