i am sure the management wants to make the the announcement as soon as possible more than anyone else.
why still holding? it means it is not in their hands. maybe more than one party involved for BFS and DFS that is where slow down the thing? ( just guessing)
however try to go a bit faster at this stage what is NKP's big issue to think about after the JV is sealed? of course it is capital raising. do you think they will do CR at 15-30 cents when asset valued at about 75cetns - 100cetns? answer is no.( in my opinion)
what i tried to point out is that, to push the price up( not at 15 cents) the management wants that to be announced immidiately as well however, it is not in their hand.
be more patient. as least the share price doesn't collapse today for this missing deadline. this is a positive sign
MP
NKP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held