It will be interesting to see if they can arrange a sale of Genorah's shares as a block in the next day or two and to who. I certainly think DRA would be interested and then there is Matrix who were considering buying into NKP at a much higher price. Both groups have been involved with NKP for a while and would know first hand the validity of the resource and all development proposals. If either of these groups (or someone similar) buy the shares then it would a positive and may offer some confidence. I think to buy as a block they would be looking at over 5c, which is a bargain compared to the rumoured 35-40c offer.
NKP Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
