Surely NKP is worth a punt in the 20's. I hold and continue to buy at these levels and if ROD the GURU is correct and it goes to low 20's then ill take some of them too.
I'm not concerned in the slightest what the shareprice does in the short term as it's way undervalued at these prices already and if it all comes off then these prices will be the kind we all wished we put our houses on. Sensitivity to those who have and at higher prices.
I haven't got that skin in the game but a portion and still in love with the resource. And even though cheezed with management i must admit i am happy with their performance of late and their decision to suspend when they did. Looking forward to the BFS and JV if that eventuates.
Just feel one day those on the side will wake up and go today's the day only to find bingo it's off and racing. Of course the opposite might be true, but as i've said all along if doomsday comes it won't matter if you bought at 20, 70 or 5c. At these prices i think the risk to reward ratio is very appealing. at least for me.
Good luck to all holders.
NKP Price at posting:
28.5¢ Sentiment: LT Buy Disclosure: Held
