NKP 0.00% 9.9¢ nkwe platinum limited

finally anouncment is out and i called Peter (tried few times )...

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    finally anouncment is out and i called Peter (tried few times ) and finally spoke to him ( will charge my time and phone calls to you HC guys)

    few points from him:

    1. JV will be out in 3 weeks, stongly expected
    2. Capex of $650mln is NOT only for Marensky Reef , it will cover 75% of UG2 + 70% of Heopantz + 70% of De Kom
    3. It will be staged approach , next mine up in 6-7 years(UG2)
    4. Capex on the ground will be used for UG2+Heopantz+DeKom
    ( Concentrator + Pland Set up > accoun for over majority of CAPEX


    so, plug numbers to excell ( i did this following conservatevely) and got IRR of over 31% , mine life 43 year and NPV 3.8bln for Marensky Reef+UG2+Heopantz+DeKom

    start year Capex
    2 Marensky Reef 640,000
    7 UG2 200,000
    10 Hoepaktz 200,000
    13 De Kom 200,000


    Remember STAGED approach

    DRA would not waste time and money if JV will not be ready

 
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