i am assuming that the "deal" is done. Its to please all parties and provide confidence in the DMR. Should have minor financial impact on NKP.
A series of announcements should provide confidence to the market. If we also see a capital placement to a large institution this will create further stability.
Lets just wait and see what happens.
Recovery to 50c plus may take a couple of months based upon historic price movements. We have had 25c-30c range movements up (3)and down (3)several times during 2010.
Once we have a BFS , a mining plan and partners the sp should go to new highs. Its that massive platinum resource which will make NKP numero 4 plat producer that we should be focused on and not daily sp movements.
My opinion
NKP Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held