dra major shareholder

The last sentence in this section of the announcement is very interesting.

"DRA will offset the BFS cost in NKP shares"

DRA appointed as technical advisor
To review the project design (expected by May 2012)
Only the MR, above the refrigeration line, potentially resultingin:
• 12 -13 years before next capital injection to extend to UG2
• Positive cash flow within 30 months from commencement of shaft (decreased from 6 -7 years)
• Significant reduction in capital (>50%)
• Increase MR mining width, significantly reducing cost without compromising grade
The ability to access UG2 is not compromised through separate underground shafts and access to areas
requiring refrigeration plant remain in future growth plans
To be considered as operator of mine – Currently operator of large platinum processing plants and mining operations.

They have proposed too offset the BFS cost in NKP shares demonstrating an unparalleled faith of confidence in the project.