What I am finding hard to understand is why all the focus on the Tubatse issue. The concourt decision has created havoc but for me the more serious issue relates to Garatau.
Where an arrangement with Anglo (or even Xstrata) is reached and we finally get to see a positive BFS this should outway the riks on Tubatse. This is supported by the sp action just before Anglo announced its intentions and NKP shares went into a trading halt for the second time.
If Garatau is a no go then that will be a horrific experience.
BR Max
NKP Price at posting:
45.0¢ Sentiment: None Disclosure: Held
