"In terms of the agreement reached; the parties will abide by the original decisions of the DME, firstly in refusing the applications submitted by Anglo Platinum and secondly in awarding of prospecting licences to Genorah; the legal proceedings instituted by Anglo Platinum or its subsidiary companies, which were suspended in 2007, will be discontinued;" "The parties also announced that this matter has been amicably resolved and removes the uncertainty attached to the dispute, particularly for Nkwe and Genorah. "
More than just agreeing to drop legal action.
NKP Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held