This stock is one of the most undervalued Platinum Stock, has only just commenced a rerating phase as we see drilling results being released from its De Wildt project in the rich Bushveld field in South Africa.
They have a huge acreage of ground in between the big mining houses producing mines (The likes of Impala and Anglo)
Its market cap is only a fraction of its true value when comparing other comparible Platinum Miners and explorers.
Its management is of the highest quality, and I have heard that more than one institution has been trying to add their name to the share register, via a placement. But with in excess of $5 million in the bank, management are not prepared to sell cheaply.
This has $3 written all over this stock in the mediam term. Watch this space.
NKP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held