d & d update, page-4

I agree with your read of it Briyu.

However, this gives me confidence that NKP are not meek lambs under Xstrata's guns but are instead preparing an alternative proposal that will be attractive to another partner.

IMO this is absolutely the way NKP need to play it. Tell the bully-boy to put up or shut up... there are alternatives.

I am personally buying stock off tired holders now and think the punt is worth it.

The asset is simply too much of an attractive tier 1 global mining asset for NKP + [1 other] not to develop it.

P.S. great reading all the expert input over the last several months. Great work to all NKP experts.

Cheers
John