heres another thought...
just stumbled over this agreement thats always changing...
but no NKP anns.
Why IS that?
NSX Announcement
17 July 2012
"International Petroleum Limited (NSX: IOP) (International Petroleum or the Company) provides an update to the market in respect to its agreement with Nkwe Platinum Limited (ASX: NKP) (Nkwe) for the sale of the Company’s remaining 10% interest in the Tubatse Project in South Africa.
As previously announced, the Company varied the terms of an asset sale agreement with Nkwe (Asset Sale Agreement) in order to extend the latest date by which the A$45 million consideration is payable from 31 December 2011 to 30 June 2012 and,
in the event of a change of control in Nkwe,
to increase the consideration payable by Nkwe to the Company from A$45 million to A$50 million (refer NSX Announcement dated 20 February 2012)."
http://www.nsxa.com.au/ftp/news/021725493.PDF
Has that changed or are IOP just talking to themselves?
new nkwe article, page-12
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)