That deal has change a number of times, Researcher. Do a bit more digging and you will see at on stage there was to be a total take over of Goldfields by NKP. from memory 08. Which would have meant Tony Sage on board (Look him up)
You can also note that Goldfeilds, along with the $10m and 100,000 up front deal, have received two lots of full paid shares, of 2.5m each. The last issue you will find in the Annual 10 under "exploration costs" and not under issued shares.
The big question is, why did Goldfield get the 15% in the first place. Why would the directors of Genorah, who are the same directors of NKP give 15% to them instead of NKP. And how the sale back to NKP not 4 months later = $60m for 15% when NKP's own value of their 64% of the "E" and "T" farms is in the last "Q" as an impairment of $27m.
Are you sure you want to open that Pandora's box?
Great work as always Researcher
NKP Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held
