NKP 0.00% 9.9¢ nkwe platinum limited

Looking at jan.11 thread has plenty to rechew through.MACLEOD...

  1. 4,293 Posts.
    Looking at jan.11 thread has plenty to rechew through.

    MACLEOD starts the Thread
    with a link to an ARM.com ann re the issue of a press Statement ....
    Too bad it doesnt go to the link...
    Can you remember it MACLEOD22 ? Was it about ARMS non statements about this issue because the whole thread is on topic?

    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1360227&msgno=6220112#6220112

    then way down the thread we chat about that first news article talking to Maphanga just after the CC and this is worth noting, if correct..
    http://www.iol.co.za/business/business-news/ruling-gives-chance-for-rags-to-riches-1.1009555


    "Prospecting rights on the land were first awarded to Anglo American in 2002 and they had drilled only three holes.

    "They stopped because they said they got what they wanted and wanted to reserve the minerals for 30 years. We said no, this is ours," he said.

    Maphanga said the mineral rights lapsed after two years."
    continues.
    **************************
    2002 + 2 = 2004

    and from the CC judgement...

    ""It became apparent, quite early on, that the Community had an interest in acquiring prospecting rights on the farms."
    (Perhaps theres evidence to show this but the next sentance)
    "On 2 December 2004 it lodged objections in writing to the Department against the granting of applications for prospecting on the farms (and another property) on the ground that the Community wanted to be accommodated meaningfully in the projects." etc

    ***************************
    They lodged OBJECTIONS to others prospecting??
    ...not applications for themselves..thats how it reads to me... so how does one interpret that as "they had an interest in acquiring propecting rights" quite early on????

    ie perhaps there was no knowhow/lawyer/ financier/backer/assistance, (but they wanted to be accommodated meaningfully..fair enough,imo. That makes sense.)


    I have been reading old ASX anns to learn more about when/how Genorahs first interest in the farms occured...and have to find out more...

    The CC judgement states
    "Genorah’s interest in obtaining prospecting rights over the Community’s farms surfaced in early 2006."

    http://www.saflii.org/za/cases/ZACC/2010/26.html

    What was Gs interest pre 2006? anyone? and how did NK-we get into this and then all agree to something in 2008 that some dispute now?

    I should tackle this from ARMS perpective to figure out their position and PAJA motives.
    There is a PAJA isnt there?














 
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