expectations mark 2 , page-164

I too reviewed my holdings over the weekend and as a result I have sold my position in NKP at a loss and transferred the proceeds to a potash stock and an iron ore stock.

I bought expecting a BFS and maybe a JV ANN by end of May.

This has not happened so my reasons for holding NKP no longer apply and if I have no reason to hold a stock I sell.

I do believe these farms will end up being major platinum producers in 5 years time or thereabouts but the question is who will be the owner and what will happen to NKP in the meantime.

Best of luck to those who continue to hold.

EB