NKP 0.00% 9.9¢ nkwe platinum limited

tubatse reefs commence at ground level

  1. 7,163 Posts.
    lightbulb Created with Sketch. 1
    The Tubatse resource commences from near surface to a depth of no more that 1,100m
    for the UG2, with the Merensky Resource commencing form surface to a depth of no
    more than 700m below surface.

    This is very important to understand with NKP .
    The mining costs in the early years will be considerably lower from shallow reefs ,compared to many of the other major producers ,that are working depths of around 2000m .
    Once the investment community realise, NKP will rise very quickly to proper IGV .
    Xstrata will be very pleased to snap a major world resource of precious metals for the cost of building a mine .


 
watchlist Created with Sketch. Add NKP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.