Looking at commodity prices atm they are in a corrective phase and are forcast to do the same till the end of the year and then rebound in 2009. I guess it would be in NKP intrest to get the valuations done soon before commodity prices begin to rise again next year as to get the best deal for them in regards to what IGC is worth. The more Platinum prices rise the more IGC is worth. Correct? I still dont think the SP is ging to move untill a formal bid is on the table.
IGC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
