International Goldfield deal.Jan 3/09In August Nkwe and Genorah...

International Goldfield deal.
Jan 3/09
In August Nkwe and Genorah sold Xstrata a $US10 million ($14.2 million) option to acquire 50 per cent stake of their holdings in five properties in the Bushveld's Eastern Limb that contain a targeted 100 million ounces of platinum group metals.

http://www.businessday.com.au/business/nkwe-platinum-lines-up-cash-bid-for-international-goldfields-20090102-7945.html

The IGC deal was for $60m for 15% for the 5 farms, including Tubatse, which at the time had a court order in place, stopping any farther drilling.
This deal was rapped up late last year and settle a month or so ago.


So who sits on the board of International goldfields.(IGC)


Jane Flegg IGC
Company secretary
also company secretary of Continental Capital.

Directors
Timothy Turner IGC
Antony Sage. IGC
Also Directors of Cape Lambert Iron Ore.

Director IGC
Mr Povey
Also Director of Range resources


PETER LANDAU Director of..
Resources Limited, Nkwe Platinum Limited, Continental Capital Limited, Cape LambeIron Ore Limited and BioProspect Limited.(NKP website)

You can make of that what you will.

http://wotnews.com.au/news/Nkwe_Platinum/?&page=1

P.S add up the C/R over the last 2 years.