nkp summary, page-2

Burntgamber

The next view will be how much of NKP's assets have been "traded" for the initial funding by JV partner.I am assuming that the JV partner will not advance the total capital requirements.

Then we will need to view whether NKP will go to the open market for the additional capital to keep the project going and provide working capital until start up.Most likely a JSE listing in order to allow locals to share the bounty.

And there is always the additional capital inflow via the new replacement options. Assuming it goes ahead.

An interesting month ahead of us.

We all know what NKP is worth BUT will manipulators allow the sp to rise to where it should be?