xstrata poised to strike a deal with nkp , page-15

Hi Brenden

I respect your impressive research into this and other companies - thankyou for all the work.

I am assuming the hesitation by X-Strata to commit is extraordinary and not just the normal way of doing business, since you're discussing this issue at length on this thread.

Before the recent X-Strata AGM in Zug, I had written an email to X-Strata asking that some questions be put to management at the AGM and I had a pleasant reply with the promise to do so, but no further replies have materialised - but then I don't hold shares in X-Strata, and they would have found that out easily enough and decided to ignore me.

It has occurred to me that in view of the insecurity internationally, and the recent artificially introduced insecurity over a 'proposed' large taxation increase on mining in a Western country (i.e. as in: 'secure', 'non-socialist', not necessarily in the 'West' geographically); there could be some concerns re possible nationalisation of mining in South Africa causing X-Strata to re-examine its strategies and taking their time over it.

If NKP is really such a good deal as all your research here indicates, they will eventually come through, but we could be in for a long wait.

Check out PLA thread, also.

As a counter argument to the above: I have been continually surprised and mystified why another platinum mine in a totally unstable African country is continuing to hold its share price.

Cheers

Taurisk