NKP 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
 
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