NKP 0.00% 9.9¢ nkwe platinum limited

anglo/ arm risk

  1. 875 Posts.
    lightbulb Created with Sketch. 68
    If Anglo/ ARM refuse to settle these negotiations on Modikwa there could be major consequence.

    The deal as I understand it is ARM/ Anglo have been offered Hoepakrantz by NKWE/ DMR which has synergies to their current platinum mine "modikwa," it makes sense that this is the farm to trade as it is financially a better option for ARM/ Anglo JV. This farm is suggested to have an NPV close to a 800 million dollars.

    "The Risk"
    If ARM/ Anglo pursue legal action two things can happen-

    1. Run the risk of losing in the courts and therefore losing Hoepakrantz.

    2. You piss off the DMR........ that can't be a good thing.




 
watchlist Created with Sketch. Add NKP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.