just searching around and found some old info from 2009 which...

just searching around and found some old info from 2009 which has changed by now but good to read how things are panning out...

http://www.nkweplatinum.com/framework/documents/displaydocument.asp?doc=427

reads pretty well to me and i keep picking up points/details
like info on mining tenaments and new rights and the very last paragraph on page 61-62

It says Nkwe Sa owns 100% of projects but under the new MPRD act 2002 there is a requirement of Bee participation of 26% for private applications and 51% for state applications (until April 2005 and there after 26%).
Nkwe Sa agreed a Bee transaction with Blue n
Nightingale Trading 709 so that it will own 30% of the expanded issued capital of Nkwe SA. This effectively will give Blue Nightingale a direct interest of 51% of the areas held under the JV, given Blue Nightingales direct 30% stake in Nkwe SA.
************************************

Old details ...so bluenightingale comformed to state application % ? for a time.
I must have missed where BN and Genorah or ? came onto the scene. Can some-one fill in the gap I have just created?
I will need to study a bit more to answer this, i guess.

some good reading on that link I think.