NKP 0.00% 9.9¢ nkwe platinum limited

expectations mark 2 , page-119

  1. 1,537 Posts.
    Even Sandfire Resources (ASX:SFR) have released their DFS. And here we are, still waiting, and waiting and waiting, nearly 2 years now.

    Meanwhile, our SP continues to drift lower and lower.

    Kiwi, you are absolutely correct in that NKP is Genorah and Genorah has no interest in shareholders whatsoever.

    But, I know the gravy train for NKP is over. No one is going to give them any money. In 2-3 months time, NKP will either go into administration (as they will run out of cash) or they will by some miracle hit the jackpot. I put the chances of admin at 95%, jackpot at 5%

    The SP clearly indicates that no deal is pending, no JV is pending, nothing is happening.

    Our management is so inept they cannot even organise a deal similar to what Minemakers (ASX:MAK) announced this week.

    The JV with Xstrata has long expired: it is just a red herring, to try and mine money from investors. No one is buying it anymore though.

    And for those of you who urge me to sell my shares if I am not happy, I likewise urge you to buy more shares on the market if you are happy with this company.

    Ralph
 
watchlist Created with Sketch. Add NKP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.