Your post is extremely comforting but do you have any explanation why this(below) wasn't proved in court before the decision by the concourt( con court)to save us all this drama?
And what is the significance of Genorah getting the prospecting rights before the environmental impact was considered?
And why was Anglo/Arm ameclably let Genorah get the prospecting rights in 2008.Was it because of a promise of a JV?Then why did X get involved and is the court action by Anglo/Arm simply "get back time"?
Either way something doesn't seem to add up and the situation seems very confusing.
Welcome to SOUTH AFRICA.What you pay is what you get except it might be taken back from you.
Having said all that I am quite positive about the outcome.
2. The real local community for the key Eerste Geluk farm (Roka Phasha-Phokwane Community) will release early next week a press release letter that states they are the acknowledged holder of surface rights. It will state that Genorah did in fact consult with the community extensively prior to the original application. The letter will also confirm their commitment to Nkwe and Genorah as their partner. It will also confirm that they have already re-submitted their section 104 application (preferential application) for prospecting rights in accordance with the Constitutional Courts directions.
NKP Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held
