NKP 0.00% 9.9¢ nkwe platinum limited

Thanks Geo . Platinum could easily move back to $2000 again if...

  1. 7,163 Posts.
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    Thanks Geo .
    Platinum could easily move back to $2000 again if the vehicle industry recovers .
    Nkwe have $75 Bn worth of metal in the ground ,and Xstrata can pick it all up for the cost of a mine ,$1.5 Bn .
    There will be another resource upgrade that is expected to take the resources over 100 Moz .
    Thats around $120 Billion US of metal at todays price .
    At $2000 oz ,the numbers look stratospheric .
    $200 Bn worth of resources

    This is not only possible ,but probable .
    Edisons Research have an NPV of $7.50 on Nkwe ,and that is also very possible .
 
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