Bri, No bri... I think ommission happens ie when past deals are done by G that dont involve nkp..G holds the propecting rights and not nkp... If it doesnt effect nkwes position why must nkwe report what their major shareholder does? I hope that they dont report what a minor shareholder does? I dont know ..these are just my laymans thoughts on what i observe. Nothing omminous intended..just trying to reason out how it all works..because we do seem ommitted sometimes and it must be OK for reasons we are not understanding,imo.
Do you think we have lost farms?...i dont see it that way.. claims have been made from many quarters..like dibs..and if justified could be dealt with in many ways..ie royalties, a trust for community,partnership of some kind, a % of project due to area% used-cost to develop,introduction of a new bigger concept etc....what i see as pooling and sharing. others you might payout or exchange things like farms or parts etc...all FEASABILITY stage shuffling.imo.
The selected PROJECTS are stable?....the strategic partners deserve/negotiate their fair % of the project. SO Then ...DMR can do their job and allocate a MINING RIGHT for a project which covers xy farms : THE PROJECT...
DMR have accepted the G/beng application for a 104 and now G/beng have to get the bankable project[show its has a future and can be financed] past the feasable choices stage.. in a time framei think... and no-one else can apply for that right whilst this occurs, i believe. perhaps not securing binding funing for the project has delayed reawarding?
It seems like a viscious circle without this you cant get that but the thing you need to get the first thing depends on the other thing...get me? CATCH 22. If you get finacial support...the rest will follow...imho. PL has pulled the plug on raisings until we have some binding %s ,i think ,and MM has the job to deliver the signed deal.... A halt to trade and suspension is the only way to give this situation a time frame,which is what Bri keeps asking ASX for ..imo.Whats the time frame??? You can see what that does...helps move things along, i think.
NKP Price at posting:
24.5¢ Sentiment: None Disclosure: Held