Even Sandfire Resources (ASX:SFR) have released their DFS. And here we are, still waiting, and waiting and waiting, nearly 2 years now.
Meanwhile, our SP continues to drift lower and lower.
Kiwi, you are absolutely correct in that NKP is Genorah and Genorah has no interest in shareholders whatsoever.
But, I know the gravy train for NKP is over. No one is going to give them any money. In 2-3 months time, NKP will either go into administration (as they will run out of cash) or they will by some miracle hit the jackpot. I put the chances of admin at 95%, jackpot at 5%
The SP clearly indicates that no deal is pending, no JV is pending, nothing is happening.
Our management is so inept they cannot even organise a deal similar to what Minemakers (ASX:MAK) announced this week.
The JV with Xstrata has long expired: it is just a red herring, to try and mine money from investors. No one is buying it anymore though.
And for those of you who urge me to sell my shares if I am not happy, I likewise urge you to buy more shares on the market if you are happy with this company.
Ralph
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