NKP 0.00% 9.9¢ nkwe platinum limited

Ann: Exploration Update, page-26

  1. 4,293 Posts.
    Thanks MACLEOD,

    Had a quick read...

    from our latest ANN
    "The Company has now been served with an interlocutory application filed by Rustenburg
    Platinum Mines Limited and ARM Mining Consortium Limited in the High Court of South
    Africa (“Application”) against 14 respondents seeking orders that the Minister of Mineral
    Resources and Department of Mineral Resources be interdicted from accepting or
    granting any applications or consenting to the dealing with any rights over the subject
    properties and that other parties to the ongoing dispute (including the Company and its
    subsidiary, Nkwe Platinum (South Africa) (Pty) Ltd, and Genorah Resources (Pty) Ltd) are
    interdicted from exercising in any way any rig
    hts flowing from existing mining rights
    granted over the subject properties.
    The Company is vigorously opposing the Application.
    The Company and its partner, Jin Jiang Mining Ltd, are....."continues

    **************************************************
    mmmswimming smooth like ducks and paddling real fast underneath the water?
    14 respondants? maybe B are just responding?
    after all ....Juniors cant afford much more than what their purpose is....
    They dont expect paja for years etc. and what can shield them?
 
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