asx ann out 08.27 today qutr report , page-12

Your not the only one Ralphy. Sellers hammered down the share price to $0.32 with option buying strength weakening. Investors have been waiting since Q4 2009 for the BFS. It is 1 year 5 months late.

Cash burn for the next qtr expected at $1m. NKP have $2.8m cash on hand, a 2.5m credit facility (not yet drawn) and shares in CCC to fend us off potential capital raisings for let say conservatively, another 6-12 months estimate.

To lighten the mood a little, here are some fun facts:

Aquarius Platinum Ltd, the billion dollar PGM company in South Africa have a registered office in Bermuda too! Address: Aquarius Platinum Limited, Clarendon house, 2 Church Street, Hamilton HMCX Bermuda.

DMR furnished up Eland's PGM development plans and construction prior to Xstrata take over. Well, DMR is now fairy dusting the BFS for the imminent May BFS release.

Come on!
o