Front page hey? Thats certaining telecasting progress(part of consultation?) and it appears to be locally based but only small readership...
I read that front page with interest...mainly because I have been following NKWE progress for years and it took me a long time to get the gist of many of the terms used when discussing Company business.
ie Quoting the article "Following issue of the Convertible Bonds, and as previously announced on 7 March 2014, Nkwe and Jin Jiang agreed to an immediate conversion of the $20m Bonds and the company has issued Jin Jiang 202,576,000 shares (Conversion Shares) in satisfaction for conversion of all of the Bonds. The conversion means Nkwe has expedited the previous debt to equity timelines with Jin Jiang and provides Nkwe with a strong balance sheet as it moves into the key project development phase."
******************* Not exactly your average guys jargon imo not exactly forecasting ANY benefits to Locals/readers. Its just what I did....a cut and paste with little regard for what might benefit the company profile to locals or what might interest anyone ...other than a NKP shareholder.
Read it as if you are a local guy.... no social or environmental points of interest like employment or business opportunities changes required or benefits to the community.... Its a very sophisticated financial jargon based article of particular interest to shareholders.
Its a bit weird really. What do others think?
NKP Price at posting:
8.6¢ Sentiment: None Disclosure: Held