Sage biggest deal was selling the Cape Lambert deposit for $400m and the CopperCo flip.
Difference between Sage and Landau is that he has a couple of deals under his belt.
I have traded CFE heavily so I know Sage quite well. Do you remember the Evraz takeover that he told the media in 2008? Share price spiked to like 90c only for his good mate in London to sell out (Mick Shamezian).
Landau was a non-executive in CFE at one stage I believe so these guys are all close to each other.
Sage also has a tendency to talk a lot. Guess the ultimate difference is that CFE is stil trading at 30c (I believe there was a 20c and 8c dividend paid since 2008) so effectively its 58c while NKP is now 8c.
Once again it comes down to trading. Investing long term in these companies are nothing more than a death trap.
Back to NKP ... from what is happening or lack of happening in the share price safe to say that August is another month crossed off. I can tll y
NKP Price at posting:
8.0¢ Sentiment: None Disclosure: Not Held
