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NKP, NKWE PLATINUM LIMITED
cooderman
post Posted: Mar 10 2014, 09:26 AM
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I guess it will gap up at open


not this time.....no sellers at a decent price and the buyers want it cheap

I have a buy order in and would be surprised if it gets filled

 
cooderman
post Posted: Mar 9 2014, 01:53 PM
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NKP might be worth a quick trade at some stage on Monday.....if you don't mind taking a risk

I guess it will gap up at open......last time it came out of trading halt on 18th Dec.2013.... well the large candle tells the story

won't chase it on open and hope for a pullback at some stage. only for the risk takers as it is hard to have much faith in this Comp.

Attached Image



 
melua
post Posted: Mar 25 2013, 05:55 AM
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In Reply To: melua's post @ Jun 17 2012, 08:49 PM

Were the previous options holders eventually looked after?

 
melua
post Posted: Jun 17 2012, 08:49 PM
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In Reply To: melua's post @ Jun 10 2012, 10:55 AM

Geez I'm surprised the stock is still above 12c based on that latest release. Huge capital costs, high cash costs and a very average IRR.

 
melua
post Posted: Jun 10 2012, 10:55 AM
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In Reply To: melua's post @ Mar 20 2012, 09:17 PM

Another timeline missed with no announcement last week.

 
melua
post Posted: Mar 20 2012, 09:17 PM
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In Reply To: melua's post @ Feb 21 2012, 09:08 PM

Just announced on ABC radio. South Africa is about to limit overseas ownership of resource projects to less than 50% and impose a new super tax of 50% on profits.

and this:

"South Africa’s ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering other plans to increase state involvement in the sector, particularly with regard to platinum.

According to the New Age paper the ANC report stressed that nationalization would be unaffordable, as the government would need to raise R1 trillion ($125 billion), more than its entire budget, to buy out listed mining companies:

The proposals included a 50% tax on the sale of mining rights to prevent speculation. A windfall tax of up to 50% on super-profits, defined as a return on investment of 22%, was also included. However, the royalty tax would be reduced from four to one percent.

Platinum, a strategic mineral, would be nationalised via “targeted interventions”, while the government would participate in the industry to a much greater extent, the weekly reported."




Said 'Thanks' for this post: pelican  malfrey  
 


melua
post Posted: Feb 21 2012, 09:08 PM
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In Reply To: melua's post @ Feb 1 2012, 06:29 PM

Looks headed for the courts again. Ugly. Expect the stock to test the 13c low soon.

 
melua
post Posted: Feb 1 2012, 06:29 PM
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In Reply To: melua's post @ Nov 9 2011, 08:53 AM

Over 3 months on and still in suspension. A complete joke.

 
melua
post Posted: Nov 9 2011, 08:53 AM
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In Reply To: melua's post @ Oct 18 2011, 03:50 PM

Trading halt re: JV
Will be interesting to read the terms.

 
melua
post Posted: Oct 18 2011, 03:50 PM
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In Reply To: melua's post @ Oct 5 2011, 10:46 PM

Now 14c. I just see no fundamental reason to own this stock, even if it were to trade down to 10c.

 
 


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