It would be great if someone could summarise Nkwe's position....

It would be great if someone could summarise Nkwe's position. Until then, after reading all posts today and yesterday, I rely on the following news article:

"On December 1 Nkwe reported that a constitutional court decision was made in South Africa regarding two farms (Nooitverwacht and Eerste Geluk) which make up 2/3 of the Nkwe?s Tubatse Project which it has a 64% interest in.

The company said the decision has no impact on Nkwe?s current Garatau Project the subject of a Bankable Feasible Study nearing completion.

A further update on the BFS will be made next week with the release of further financial modelling which sets a base case net present value of approximately 14 billion rand (US$2.0bn)."

http://www.proactiveinvestors.com.au/companies/news/12277/nkwe-resources-in-trading-halt-pending-court-decision-12277.html

Newminer.