I guess you need to do some research as to what IGV of platinum companies are .
IGV s dont change with daily market fluctuations ,they are aligned with long term averages.
Let me be clear .The IGC deal with NKP is fair ,and in line with historic IGV comparisons .If you dont believe me ,put in the hours of research and read the report from the independent valuer .It is comprehensive ,and udeniable .
I comment when posters make unsubstantiated comments about value when they dont have a clue .
OP ,if you read my posts you will see that I have never said that NKP are paying too much for the IGC stake .
What I did say was that in comparison to what Nkwe are paying for the IGC assets ,Nkwe is grossly underpriced ,thats all .Nkwe from memory is selling at IGV of less than $4 per ounce ,compared to something like $20 offerd to IGC .
This either makes NKP grossly undervalued or IGC grossly overvalued .
My take is that the independent valuer got it right ,after doing the research ,and that NKP is grossly undervalued in comparison .
Hence ,my comments on Rays post .There wont be a sweetener .
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