joint venture, options and general infomation, page-4

"I see the Joint Venture taking another 1-3 months to conclude and the terms and conditions reached may not be as "good" as people may think."

Whilst I disagreee with your timeline burntgamber, you've made an interesting observation regarding the terms and conditions of a joint venture not being as "good" as people think.

Is there anything that you'd like to share with us?

My opinion is that the DMR has been active in brokering a deal between NKP and Angloplats (for plainly obvious reasons) and, rather than Xstrata "walking" as you've previously suggested, moreso it was a case of Xstrata being shown the door.

Any deal done with Angloplats, if that is what eventuates, will clearly be in the best interest of Genorah Resources and, in turn, in the best interests of all Nkwe shareholders.

Maybe some of the long term holders would care to comment?


Stagman