Brendan, There were 2 not 3 previous cases over the Tubatse farms in question. They were in the Supreme and High Courts.
Genorah had already divested these assets to NKP and we were not even represented in court. To suggest that a court case where over half of the claimed resources of a mining development company are at risk of loss is not worthy of announcement is frankly ridiculous. No matter what the perceived probability of loss was, there was an OBLIGATION to disclose to shareholders. We are the company's owners!
You wrote, "The shares are suspended to protect shareholders ,so they arent raped by the opportunists."
I don't need Landau to tell me when or not to sell my shares. Another of his company's Range, went from almost $1 to 2c. Would you have liked to have been a holder throughout that plunge? With every piece of negative news (and revelations on HC) I value my NKP shares a little less. I suspect the wider market is doing the same.
If, as you wrote, NKP trades up after I sell out - so be it. I can live with that. But what about the alternative scenario. For example, if the DMR grants rights to the Beng and NKP trades at 2c after relisting, how should I feel then?
Shareholders should be allowed to exercise our right to sell. If some want to hold, more power to them. I've had enough of this company and it's management.
NKP Price at posting:
45.0¢ Sentiment: Sell Disclosure: Held
