summary, page-2

Newminer, this is just the end of round 1. The best outcome for all parties in my view would be Genorah handing over some equity.

However, this is entirely dependent on how strong a case each party (Beng, Genorah) feels it has. Plus we also have the DMR under the pump as they have approved everything and some (if not the majority) of the issues relate to their (DMR) processes.

If the DMR's own processes are faulty, does that mean Genorah deserves to lose the rights? One would think not as that would open up the DMR to severe compensation claims.

I certainly do not share any doomsday scenarios that other posters are posting. I think NKP has a very, very strong position and I believe over the next few days/weeks/months we will see the SP turn back around and upwards.

What this case has clearly highlighted is how precious platinum resources are and how important Tubatse is to the overall scheme of things. We have also had some publicity (although not quite of the right kind) and now the rest of the investment world will be watching with great intent the outcome of this drama. I think if this issue is resolved, we will really see the share price fly.

As always, prepare for the worst but hope for the best. :-)

Ralph