NKP nkwe platinum limited

word from anglo, page-30

  1. 7,746 Posts.
    "I thought that an interdict had to be applied for before granting of license - i.e an injunction against one being issued ?"

    No. The interdict is to prevent siteworks. ie we cant do any mining until the case is heard. Similar to what the Beng did when they restricted NKP from drilling. Remember that was kept secret too. So never assume anything.

    The likelyhood of an interdict really depends on if the ARM case is against NKP or DMR. If it's only DMR then we can mine away without disruption and DMR will compansate ARM when time comes.

    If the case is against us, then obviously preventing us from plundering the resource is important. No point letting us mine for years and eventually win in court only to be given a waiste site.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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