Look guys as with past suspensions there is nothing any of us can do regarding the current state of affairs.So why waste your time attacking each other?
NKP is in suspension whilst Genorah and Gleneagles decide what action each will take.
The solution appears to be either Genorah advances outstanding loan funds by seeking a JV partner who has free cash , borrows from another source or allows Gleneagles to pass its majority NKP holding to another party via an auction.
The ultimate decision is in Genorah's hands.The recent sale of it's NKP holding displays no mercy when it comes to the repayment.Pressure has been applied.
Hopefully whatever course it takes lets hope that sanity prevails and that the shareprice returns to where it should be.
All NKP holders are disapppointed. Those that do not hold stock can enjoy baiting and wasting everyones time.As their posts add nil value to any resolution suggest we ignore.
NKP Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
