NKP 0.00% 9.9¢ nkwe platinum limited

Absolutely agree Frikkie. With Zinjin personnel now directing a...

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    Absolutely agree Frikkie. With Zinjin personnel now directing a company they are about to take-over "minimum disclosure" takes on a completely new meaning! Not likely to get an announcement until the DMR and Competitions Commission have completed their work.

    While we wait interesting article some of you may have missed a few weeks ago at:
    http://www.marketonemediagroup.com/platinum-and-palladium-market-future-looks-robust/‏

    Some of the more pertinent quotes are:

    “If you look in the news over the last six months, there have been a series of announcements by Chinese entities that are going down to South Africa and buying assets, some of which are not economic at today’s metal prices for PGMs,” Wellgreen Platinum President and CEO Greg Johnson said.
    “It makes you wonder whether they’re concerned about being able to secure sources of supply regardless of price, or if they realize that China, in particular, is going to need to address its pollution issue and that prices will likely rise, possibly significantly, with the increased demand from China. A lot of people are speculating that new standards will be imposed for autos, particularly Chinese-built autos, and that’s why we’re seeing acquisitions that might not make sense at today’s prices.”

    “The annual demand this year for both metals is projected to outstrip supply by about a million ounces and that’s in an eight- to 10-million ounce total market for those two metals. So it’s about a 10 or 15 per cent supply deficit. Continuation of that trend could set up conditions for a near perfect storm for higher PGM prices eventually.”
 
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