So much for a precious metal for defensive times . Current...

So much for a precious metal for defensive times .
Current Platinum price is terrible .
The shareprices of IGC and NKP have tracked it down .
If the venture was in production now the margins would be slim . Capex, according to a presentation by NKP's Peter Landau (also of Range Resources) was forecast to be around $900 per ounce .
The most recent spot price I could find was $1043 per ounce .