NKP ASX ANN 22/12/09 says "Shareholders should also be advised that the A$10M (including a A$1M deposit) owed to International Petroleum under the terms of the Share Sale Agreement with Nkwe Platinum Limited (ASX announcement 8 October 2009) has been received in full."
Yet the article posted by jzm starting the thread sounds to me like any funds...including the Nkwe's 10m would be used first to pay of a standby facility?
Is there another 10m or am I reading this incorrectly? It is difficult to pick up the whole situation/deal coming in years later... Few bothered to chat on this thread so I take it its not that important?
NKP Price at posting:
30.0¢ Sentiment: None Disclosure: Held
