The only thing they addressed in the 'Settlement and Release Deed" was confirm its existence and that Peter Landau had to step down once it was done. It went into the bum-fluff irrelevant stuff.
They said "we are now chasing the $2.5m missing money". Well by their own SIGNED contract they had to do this in December 2014 not March 2016.
They never went into why $2.5million was transferred to OKAP in the first place, then never answered questions on why $1.25million had to be paid from OKAP to Nkwe.
The ultimate issue is where is International Petroleum resolution which they signed off on the 3rd September 2014 as having to be completed within 3 months.
I am for Derivative Action against the board members. I think there was one fella Diamen Chen who resigned in late 2015 that was another Zijin nominee that was there during the time where a lot of these documents were done.
NKP Price at posting:
6.0¢ Sentiment: None Disclosure: Held
