valuation, page-38

We exist on paper (and plenty of court documents included in the pile of paper,)imo.
The resource belongs to SA until its mined.

NKWE have very little physical structure..some drilling cores and a big shed ?...compared to a producing mine...so cash or debt is required to continue to employ directors and later employees and to build the mine and infrastructure etc...

Good news NKWE plans to be a low cost producer.

Sure they might be able to avoid some debt by trading off non core assets? or? etc ...that is what we are waiting on,imo.