NKP 0.00% 9.9¢ nkwe platinum limited

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  1. 462 Posts.
    It got me thinking more about what I would do if I was Z in this situation, regarding the vote type stuff, and getting this thing to move forward.
    I know very little by the way, just thinking out loud, (or not thinking as the case may be). Nothing too insightful here, just been very little on HC lately, so I seem to be having a conversation to myself. Probably rehashing a bit also.

    The more I think about it if I were Z, I am keen dig relatively soon. 1st qtr next year even??
    To do this I need to have a shareholder vote, get govt approvals, do a 20m note, and lend money to some clowns who cant stop stalling and bickering, and finally have a workable finance package accepted.
    The G clowns may or may not have been warned this week to sort their stuff out, (just a rumour, like the rumour that Z had walked, which they haven't. not confirmed in any way). I would like to have it confirmed or denied, but no one from the company will respond to me so I did not try.

    Now if I were Z and wanted to dig, I would be happy with the 20m to NKP, and the director in place to make sure it was not all spent on French champagne and sniffing coke off the bellies of exceptionally tall Eastern European hookers, (or at least no more than 15%, need shareholder approval at that level.)
    But I am not sure I would be happy to lend G money, if they had not fully committed. 18mth exclusivity would not be enough for me, especially as G have again been stalling and mucking around, even now. And I also want to get digging well before 18mths. For me to lend G money (up to 10m?? Maybe more), I would want the finance package to be pretty much sorted, and only the need for a rubber stamp, when the funds came. Or the loan to G to be so conditional that it does not give G any breathing space. If they sneeze I would want to sell up their shares. That is what I would want and I would let G know that I was prepared to let them burn a little, and either walk, or do things the hard way.

    Now it is a catch 22 for Z to let G burn and G know it. The catch being that if Z let AMED sell off, someone could well get a blocking stake fairly easy and cheap and then cost Z more in the long run.
    However, G would lose lots their shares for nothing. Who blinks first? Is it an empty threat on both sides? Is there even a threat?
    Probably not, it is just I have an imagination and no info from the company to set me straight.
    Where the fleck is the announcement about the vote?
    Again far more questions than answers, and some of hypothesis above would be very detrimental to the share price, possibly conritbuting to the even weaker recent price.

    Fingers crossed.
 
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