Ann: Reinstatement to Official Quotation , page-16

"Following the successful draft Bankable Feasability Study (BFS) process, Nkwe Platinum Limited (Nkwe or the Company) is now finalising the BFS over the coming weeks with optimisation of major capital cost items and mine scheduling.

It is anticipated that the optimisation process will result in a meaningful reduction of proposed capital costs of the project and an improved timeline to start of
production.

In conjunction with this process, Nkwe is moving to complete the formal exercise of the development option by Xstrata over the Garatau and Tubatse projects."

Nothing new in paragraph 1. Nothing new in paragraph 2.

Very poorly done by PL imo.