Thanks again AloislAnother interesting tid bit from item this...

Thanks again Aloisl

Another interesting tid bit from item this looking forward.

"Tubatse second

With almost DOUBLE Garataus PGM resources, Nkwes second project is ripe for development. Nkwe plans to finalise drilling later this year and while Xstratas option extends over both projects, Tubatse will likely be developed within 24 months of Garatau."

And if we didnt have it nailed down in our minds just yet there is confirmation here that it was cancellation of the exclusivity that surrounds the HOA and not the whole HOA on the JV.

So the question remains, do Xstrata JV or do they take out each project as it becomes ready for development?

I like the second for NKP shareholder value but I would think Xstrata like either the JV or a T/O option for value.

d.