"Application to review DMR decision with regard to the award of Prospecting Rights on the farm Eerste Geluk 327KT
Nkwe advises that the unsuccessful applicants for the prospecting right to Eerste Geluk 327KT have lodged a review with the High Court on the DMR decision to award the Prospecting Right of Eerste Geluk 327KT farm to the Roka Phasha Community in partnership with Genorah Resources Limited (Nkwe's BEE Partner and major shareholder)."
Besides the fact that I didn't know that Genorah Resources was a publicly listed company (Genorah Resources Limited or Genorah Resources (Pty) Ltd)?), it's very unusual that the company NOW wants to share information on matters in which it isn't directly involved when it has spent the past two years doing its best to avoid disclosure of very important court cases in which Genorah Resources has been named as a co-respondent, court cases that have directly affected Nkew's ability to perform, and now for some reason it has decided to start sharing this "unrelated" information.
Stagman
NKP Price at posting:
28.0¢ Sentiment: None Disclosure: Held
