"The timeline of Anglo Platinum's implementation of action under PAJA is unclear, but appears to be linked to the emergence of the prospectus for Bauba Platinum, ahead of its listing in Johannesburg on July 19 2010. The document mentioned prospecting rights over three properties falling under the Modikwa Deeps umbrella."
***************************** Its a woeful story to read and nothing new for participants I am sure but Xstrata liked the ground so much and now Zijin can see something for the future.
I suppose its hard to announce Xstratas position on something thats just put on a paja list pending pending pending..how or when does one pull the plug other than let time erode confidence and as the article says caos builds... but it builds nothing for the country imo.
Zijin are showing us some confidence,imo.
NKP Price at posting:
8.0¢ Sentiment: None Disclosure: Held