Lets say the JV is with ARM and Angloplats, say on the 50% free interest they both get 25% each.
What happens to the financing part ... would NKP/Genorah be giving up more percentage of the projects to get money?
If so would this deal be like NKP/Genorah ending up with like just 5,10,15,20% of the project?
I am still trying to get my head around on how someone asks something for free in business.
If what you are saying is true then the next stage I can see is Angloplats and ARM taking NKP to court again but this time trying to get 50% rather than the whole thing like in 2007.
NKP Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held