nkwe capital raising, page-19

yes, but your brokers view, is based on their cash position, not the inner workings of NKWE schedule of a JV.

He is saying, on their cash basis, pending no other events to change the position, a raising of some sort is required.

Go back and ask him, that pending PL has refuted it, would that imply, something is on the cards, he's not considering.

ie, the blantantly obvious JV.

So telling you to hold off, for now, might represent the biggest LOST opportunity in front of you, because your broker, is narrowly considering only the current cash position.

Downside, that PL has lied ? not likely. to a discount placement price? Buy at 28, risk, to 23-25???

Upside, that PL is upfront, and no cap raising. Implies, that a JV will shoot us to 1.00+ before we need and money.

And punters, will pay 1.00+ because post a JV announce, good luck trying to get cheapies anytime, ever again, for a stock, with a major on board, heading to be one of a select few in the world with these assets in developement.