Platinum Stocks..., page-2

Can I include ferrochrome?

I noticed this article which sounds positive for Chrometco.

http://www.*.co.uk/companies/news/7...hromite-under-licence-at-rooderand-73190.html
"International Ferro to mine chromite under licence at Rooderand"
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Rooderand and Chrometco rang a bell and I looked it up re NKWE?
I think that there are quite a number of parts to Rooderand and think PLA had some too.
Does SP of Chrometco affect NKP value?

From NKP ASX annual report
http://hotcopper.com.au/threads/ann-annual-financial-report-for-the-year-ended-30-june-2014.2370573/

page 9

Pilanesberg Project
The project consists of two properties, Ruighoek and Rooderand which are advanced stage exploration projects. Nkwe has an undivided 54% share on various portions of Ruighoek (under the old Mining Act) which lies directly to the west of the Pilanesberg National Park, covering an area of over 2,500 hectares. Nkwe has previously secured the consent to prospect on Ruighoek from the private holders of undivided shares of the mineral rights. An application for a Prospecting Right is currently being processed by the Department of Minerals and Energy (“DME”). Rooderand is located on the north-western rim of the Pilanesberg National Park and exploration success during 2006 increased the JORC compliant Mineral Resource to 36.7m Mt @ 3.8 g/t for 4.5Moz (3PGE+Au), geologically discounted. A new order prospecting right has been issued on this project. In early 2011, the Company entered into a farm-in agreement with ASX Listed Realm Resources Limited (ASX: RRL) (“Realm”) whereby Realm will earn a 51% interest in the prospecting rights for platinum group metals (“PGM’s”), gold, silver, nickel, copper and cobalt in respect to the Rooderand prospect by spending $2 million in expenditure over a two year period, in conjunction with the issue of 5m ordinary fully paid shares in Realm. Subsequently the Company reached agreement with Realm and JSE Listed Chrometco Ltd (JSE: CMO) to alter the agreement that Nkwe had with Realm with respect to the Company’s Rooderand prospect which would see, Realm, Nkwe and Chrometco establish a stand-alone Company focused on advancing PGM and Chrome assets in South Africa. Under the agreement, Nkwe would receive a total of 45 million shares in Chrometco in two tranches – effectively holding a 16% stake in Chrometco. During the year, 10 million shares were due to be issued to the Company following approval of the transaction by the Chrometco shareholders which occurred in November 2012. The Company is still to receive these 10 million shares however the value of these shares are recorded within receivables. The remaining 35 million shares are due to be received following the satisfaction of a number of condition precedent which includes the renewal of the prospecting right and a Section 102 Consent of the Mineral and Petroleum Resources Development Act application being granted to Chrometco, which has not yet been achieved to the date of this report."

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Is nkp going to benefit?