come clean and re-list, page-5

The predicament that NKP finds itself in at the moment has been exacerbated by its own lack of and untimely disclosure of information.

I agree that if NKP listed now, without these issues having been resolved, that the SP would be decimated. But this would not have happened if the issues were properly addressed at the time without suspension of trade. The market would have factored in all sides of the situation and assessed the risks and arrived at a price which would have enabled anyone to sell or buy accordingly.


Rememeber Cazaly Resources? They were granted an ex RIO tenament that RIO did not renew on time but RIO challenged this. CAZ did not go into suspension pending the outcome of this challenge. The market was fully informed about this and made a judgment whether to buy or sell CAZ shares. The same should have been the case with NKP.

NKP have lost all credibility now so they need to have a definitive resolution to these matters.

But I believe that a bad outcome now, while in suspension, will be worse for the SP when it relists than it would have been if the shares were not suspended from trading.


Cazaly lost the tenament in the end.