My understanding is that NKP went into suspension in order that the sp was preserved:
1. until there was clarification of unsubstantiated news re the Anglo/ARM legal claims ( Garatau farms) were released by AngloPlat and confirmed by Alex Cowie and other jounalists.
2. until clarification was released by the DMR regarding the Tubatse farms prospecting rights.
Now I can only assume that NKP has received enough positive information that will inform shareholders with regards to the above issues.
In my opinion this means that the DMR has or will grant NKP exclusive prospecting rights to all Garatau and Tubatse farms.
How the DMR has been able to achieve successful negotiations may have resulted in:
1. A settlement ( by granting shares in Genorah Res)between Genorah Resources and the BENGWENYAMA-YE-MASWAZI TRIBAL COUNCIL.
2. A JV agreement between AngloPlats/ARM and NKP for the Garatau Project.
Let's wait until next week when there should be clarification on all outstanding issues.Anything else is guess work.
NKP Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
