the future for nkwe?, page-9

What "best-case scenario" are you using to justify $6.00 per share? What % of the platinum profits do you see NKP getting?

Anglo wont be doing a "X 50% for 100%" deal, given they have the upper hand, and the longer they drag it out, the weaker NKP get.

NKP look to have lost % of the "N" farm which means the DMR recognize Beng as the owners.
Regardless of your thought on the value of the "N" farm, it separates the other farms from "E".

And there is this.

1. Nkwe SA owns 100% of projects however under new Mineral and Petroleum Resources Development Act 2002 there is a requirement for BEE participation of 26% for private applications and 51% for state applications (until April 2005 ? thereafter 26%). Nkwe SA agreed a Black Economic
Empowerment (?BEE?) transaction with Blue Nightingale Trading 709 (Pty) Ltd (?Blue Nightingale?) so that it will own 30% of the expanded issued capital of Nkwe SA. This effectively will give Blue Nightingale a direct interest of "51% over the areas held under the JV", given Blue Nightingale?s direct 30% stake in Nkwe SA.

Now may C/R and dilution between now and a mine?

Now are you getting $6 a share?