Ann: Quarterly Activities and Cashflow Report , page-21

KIWI

you make me laugh with the contents of your last post.

1. "Remember, this mob since 06 has increased the issued shares by 750%. Mostly to themselves."

What you have failed to advise readers is that back in 2006 NKP's main asset was DeWildt Project not Garatau nor Tubatse. De Wilt was sold for $12m. I recall the total number of shares at that time was less than 100m.

Moving forward Genorah Res sold to NKP its two huge billion dollar assets in Garatau and Tubatse. These were sold for cash and shares. Some 376m shares were issued. The assets did not come free of charge. That is why the number of shares increased dramatically.

Without the Genorah assets , us shareholders would not have been given the opportunity to get richer.FACT! Its a win win for Genorah and the remaining 37% of shareholders... but excluding yourself if you do not have options?

2. Why do you have a concern re the introduction of potential "facilitators" since you hold no shares and have a SELL sentiment?

Any of the JV deals requires a sharing of NKP's wealth in exchange for a producing mine. If NKP was to go it alone a similar financial deal to Xstrata's would be required. The terms may be different BUT since NKP has little cash an appropriate deal needs to be executed. You cannot get something for NOTHING!

Natually NKP may from time to time seek more funds. Most companies do until profits start to flow. Are you not aware of this phenomenon?