Heron,
Unsure how many times we need to repeat were we are at and future steps.
1. NKP has not had its Mining Right registered as yet. That's the reason for the suspension.
2. Reasons for the DMR rejecting the MR registration relate to certain requirements not met. These included the tribes wanting certain conditions to be agreed.
3. Until the MR is registered Zijin will not make a takeover offer.
4. In the meantime Zijin has received approval from the Sth African authorities to take over Minorities. So a takeover is on the cards.
5. The takeover offer (price) is unknown. The lowest price 10 cents may be the same as what Zijin offered Genorah. Some shareholders may accept but the majority will most likely reject.
6. An independent valuation will provide an indication of NKP s value. Add actakeover premium.
7. No legal action will be initiated re a number of issues (including lapsed options) that impacted shareholders until an offer is made.
8. Zijins hands are tied until the MR is registered. Minorities hands are tied until an offer is made.
Yes we are all frustrated but what choice is available?
Sit tight and just enjoy David's predictions based upon a lack of FACTS.
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