More reading between the lines here this is my perspective.I...

More reading between the lines here this is my perspective.

I work in the development industry, but previously worked for government agencies in assessing and approving various aspects of major developments. We got used to companies and individuals using the media to put pressure on us to make a decision and now that I am in the private sector representing developers we do the same thing.

To me, the NKP release and the media is putting the pressure on the DMR to make the right decision in a timely manner

Just put yourself in the shoes of the DMR, who are re-assessing the application and scan the words from the article.




continued perceived uncertainty regarding its assets in South Africa

ensure shareholder value is maintained and shareholders are able to trade its securities in a fully informed manner.

It is the intention of NKWE to remain suspended until a determination is made.

based on statutory requirements

The Company is currently reviewing all correspondence and public statements and reserves its rights with regards to all future action/s.

halting Nkwe developing plans until a resolution has been found.



To me, its basically saying Hey DMR, you are creating uncertainty, you are holding up investment and everyone is looking to you for a resolution to this.and it had better be soon because everyone is watching.


This is the same as what a new developer would do in local media anywhere in Australia saying things in the media about how he/they are trying to build the new development, create the jobs, invest in the community etc etc but the Council is holding it all up etc.


Perhaps I am reading too far into this, but maybe the announcements and these media articles are all part of the game to get the DMR to make the right decision in a reasonable timeframe.


As usual, Just IMHO

AtM