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
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