Let's see: No BFS No JV No binding contract or agreement with ARM/Anglo
All we've done is manage to wait three months for a mining right over three farms.
Granted, this does reduce the risk somewhat (who would ever invest in SA again if a mining right was overturned due to legal action?) however the whole reason we went into suspension was to announce a binding JV and completion of the BFS. Now it's not due for another THREE MONTHS!?
If we do go up in price past 50c tomorrow, I'll be out. I think I'll have my sell order in prior to open.
Cheers, appreciate comments on my thoughts.
I'll never invest in another PL run company again, way too much dishonesty for mine. :/
NKP Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held