I totally agree with you sprogman.
I have been through this before with another share.
Big JV with a 5 biggest oiler in the world.
9 Months it dragged on. Sentiment shot to sh..
As you said, X is an experienced acquirer . They know what works to get the best deal. They have not near term time line.
They can drag this on for months.
X's option has expired, so the confidentiality agreement had to expired with it.
I my opinion, NKP should be talking to China. And letting X know that they are talking to China.
You bet China would not be obsessed with Cap X.
I believe in what NKP have in the ground but when the Aussie office, of a Aussie listed company don't know what is going on in Africa, and is waiting around, like us for information on the BFS, then that is a worry.
I really hope that they get the BFS out this month. Because if they don't the share price will get punished.
I only have so much capital, so it can not sit in a stock that is slowly bleeding.
Not trying to be a dirty down ramper. I still hold.
The chart says it all. lower highs and lower lows.
Just my opinion.
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