But the deal you want them to 'barter' is very lobb sided against NKP. So as Lastword implied you must think NKP have very little bargaining power. As you said DMR and PAJA seem on Anglo side(according to your source).
So Anglo can either demand 50% now(for free) and have a quick settlement and get on with things. Or they can tie things up for years and eventually get 100%.
But as others have said. That still leaves funding TBC. So NKP then lose more or get diluted to raise funds. Its quite possible NKP would be close to worthless under this scenario.
It would probably be the equivalent of 20% share, fully funded. Compared with our current market cap it is not a great outlook.
NKP Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
