Welcome To WellGreen Platinum on AGORACOM

Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)

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Message: EodWay ...... hey ...................

Thank you EodWay for your perspective. So we are expecting a Preliminary Economic Assessment (PEA) in Q1 of 2012, and after that will come a more formal feasibility study, and most likely only then may we expect a buyout.

How do you see NKL's numbers as compared to those of, say, Champion Minerals, who just released their PEA in the last couple of days? I realize that CHM will produce iron ore rather than PGM/Au, but I was just curious about comparing the two numbers. CHM's PEA came back with "net present value" of $4 billion on a payback period of 2.3 years - and their stock closed today at $1.31. Any guesstimate on NKL's status after the PEA is released, assuming it will be a relatively good report???

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