They now own 25% of Lonmin so effectively locked them into Xstarta's orbit as have a a large enough blocking stake.On Nkp the timing of the bfs may work in Xstratas favour also as may get a better deal from Genorah etc. Time will tell.Just as $2300 pt was not sustainable neither is $1000 so that will sort itself out.
Nkp itself is very vulnerable at the moment. I hope a MIM or NBH is not upon us in that great assets are sold very very cheaply
NKP Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
