NKP 0.00% 9.9¢ nkwe platinum limited

yield, page-3

  1. 1,756 Posts.
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    Nice shakeout for the weak minds today... Sell side pretty thin and should move up nicely once results are released to the market.
    It looks as tho today's selloff was due to yesterday's decline in platinum prices but daily volatility of PGM prices wont affect NKP as they'll be producing in 2011.

    I think Xstrata are also taking a long term view at NKP and are thus calculating with a basket PGM price of around 1400 USD/ ounce in 2011 which is very realistic.

    Anyway, looking good for all long termers and once we got our big partner onboard , sentiment and shareprice appreciation for NKP should become highly positive.



    Cheers
 
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