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Here are the reasons for the crap share price and the lack of liquidity

1) Erste Geluk farm set aside. Farm is back in DMR hands. Even though NKP did not lose the farm however the rumour is that there will be a 50:50 settlement with Bengwenyama. Nooidevachdt is 50:50. I heard that the court transcript will be released in late June.

2) There is talk that AMED has called their $4.5m-5m loan which they lent to Genorah. There is rumour that this would potentially lead to another mass sell of the stock. From what I am told Zijin has agreed to refinance this.

3) Market is pricing the fact that Zijin has walked away. Best way to dismiss this is to call the AGM that has been promised. I heard that the AGM notice will be out this week. In typical NKP style they are probably late.

4) Add on top the internal BS infighting between various factions of Genorah.

I can see NKP share price will continue to suffer in the short term until these issues are resolved.