Exploration and development company Bauba Platinum has been granted the renewal of the two new-order prospecting rights for its Bauba project, in Limpopo.
This is how Bauba has responded to my congratulations email re the above news:
"Yes, this is good news. Although we haven’t had an official/legal decision on the review application yet, it certainly begs the question whether the DMR would have awarded the prospecting rights to Bauba for a second time if there was any authenticity to the claim......."
The Review Application as you all know relates to Anglo and the Modikwa Deeps farms which includes NKP's and Bauba's stakes.
In my opinion the DMR is supporting both Nkwe with the Mining Right and Bauba with prospecting rights. Over to you Anglo!
NKP Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held