20.RUG.2012 7:06 RSX PERTH
20 August 2012
ASX Compliance Pty Limited
LevelS Exchange Plaza
2 The Esplanade
PERTHWA
N0.951 P.l/4
PLATINUM
Attention: Email: Facsimile:
Jill Hewitt jill.hewitt@asx.com.au
08 92212020
By Email
RE:PRICE ANO VOLUME QUERY
1 referto your letter dated 17 August 2012 in relation to the recent change in price of the Company's securities and respond as follows in llne with the numbers of your letter.
l, ls the Company aware of any informatlon concerning it that has not been announced which,if known, could be an explanation for recent tradlng In the securlties ofthe Company?
Please note that as recent trading In the Company's securities could indicate that information has ceased to be confidential, the Company is unable to rely on the exception to listlng rule 3.1 contained in listing rule 3.1A when answering this question.
The Company is not aware of any information concerning lt,that has not been announced and whiçh,lf known, could be an explanation for recent trading in the securities ofthe company.
2. lf the answer to question l is yes, can an announcement be made immedlately? lf not, why not and when is it expected that an announcement will be made?
Please note,ifthe answerto question lls yes and an announcement cannot be made lmmediately; you need to contact us to discuss this and you needs to considera trading halt (see below),
Not applicable;
3. ls there any other explanation that the Company rnay have for the price and volume change in the securities ofthe Companv?
The Companv notes that its price had dropped approximately 22% over the 4 days preceding the 28% rise on Friday (17 August) an similar cumulative volume. Nkwe would advise that further to the 30 June quarterly report (released 31July) where the Companv reported that joint venture negotiations
were on going, Nkwe is now in the final stages of entering into an agreement
AUSTRALIA('.! OFFICI!
Grounq Fl ; 1: r 1 1 HEI'o'elock Stree
Woslf'erth WA 8005
1l,l trò!lilil
PO EIO"
weat Pel'l!'l WA Gil!72
A1.1strQii
Te!: te1 (0)9 & es 5220
Fax: +61 (O)S SS24 2400
NKWE!. PLATINUM I.IMiieD AR.EIN 105 979 IS4G
RJiiGISTEREO OF'FICE
CiareMètì House
Chl.lh Streac
HDmlllon HM11
PO El ; xHIVIB66
Hamllton "'t.I!CX Bf;RMUOA
NKWE PI..ATINUM LIMITED
Barmud :A.e ;n Nur'l'lbl!lr a2.747
Web: wv.w.nKwe plotinum.oom
20.AUG.2012 7:06 ASX PERTH N0.951
with a strategie partner. As mentioned previously, a key
objective of introducing a strategie partner is
to effectively transltion the Company (both from
a management and operational perspective) into
a PGM developer and producer.
4. Please confirm that the Company is in compliance
with the listing rules and, in particular,listing rule
3.1.
The Company confirms that it is in compliance with the ASX
Listing Rule-s. Yours faithfully
P.2/4
Maredi Mphahlele
Managing Director
Te l: +27 11445 2162/3/7
Em:mmphahlele@nkweplatinum.co_Z,i!
Peter landau Executive Director Tel: +618 9488
5220
Em:piMgau@nkwe(llatinum.com
David Tasker
National Director, lnvestor Relations
Professional Public Relations
Tel: +618 9388 0944
Em: Pavid.Tasker@ppr.com.au
20.RUG.2012 7:06 RSX PERTH N0.951
P.3/4
•
COMPLIANCE
17 August 2012
WEST PERTH WA 6005
By Email:
peter@okapventures.com
Dear Peter
ASX Compliance Pty Limited
ABN 26 067 780 469
2 Tho Esp(anado
Perth WA 6000
GPO Box 0187
Perth WA 6640
Tolephono 61 (08) 9224 0003
Facsimile Sl (08) 9nl 020
lntornot l'rttp://www.asx"com.au
We have noted a change in the price of the Company's
securlties from 7.3 cents an 14 August lo a high af 9.8 cents
today. We have also noted an lncrease in the volume of
lrading in the securities aver this period.
3.1.
Your response should be sent to me by email to
jill.hewltt@as;.com.au or by facsimile number on
(08) 9221
Unless lhe information is requlred immediately under listing
rule 3.1, a response is requested as soon as possible ond, in
any event, noi later than 7:00 am (W.S.T) on Monday, 20
August 2012.
20.RUG.2012 7:07 RSX PERTH N0.951
P.4/4
Under listing rule 18.7A, a copy of this query
and your response Will be released to the market, so your
response should be in a suitable fonn and
separately address each of the questions asked. Ilyou have
any queries or concerns, please contacime immediately.
Listing rule 3.1
Listing rule 3,1 requires an entity to give ASX immediately
any information conceming ilthat a reasonable
person would expect to have a materia! effect on the prlce or
value of the entity's securities. The exceptions to this
requirement aresetout in listing rule 3.1A.
Trading halt
lf you are unable to respond by the lime requested, or ilthe
answer to question 1 is yes and an announcement
cannot be made immedìately, you should considera request for
a trading hallin the Company's securities. As set aut in
listing rule 17.1 and Guidance Note 16- Trading Halts
we may gran!a trading
hallat your request.
Dìrect Line: (08) 9224 0003
Pag• z of 2
Mr Peter Landau
NKWE Platinum Lìmited
1 Havelock street
In lìght of the price and volume change, please respond lo
each of the following questions.
1, ls the Campany aware of any information conceming ilthat
hos noibeen announced which, if known, could be an
explanation far recent lrading in the securities of the
Company?
Please note that as recenl trading in the Company's
securities could indicate thal information has ceased to be
confideotiill, lhe Company is unable to rely on the
exceptions to listing rule 3.1 contained in listing rule 3.1A
when answering this question.
2. lf the answer to question 1 is yes, can an announcement be
made immediately? Ilnot, why noiond when is it expected lhat
an announcement will be made?
Please note, if the answer lo question 1 is yes and an
announcement cannolbe made immediately. you need to contacius
to dlscuss lhis and you need to considera trading halt (see
below).
3. ls there any o!her explanation thal the Company may have
for lhe price and volume change in the securities of the
Company?
4. Please confirm that the CompanY is in compliance with the
listing rules and, In particulor, listing rule
In responding to this letter you should consult lisling rule
3.1 and Guidance Note 8- Continuous
Disclosure:
listing rule 3.1.
Ilthe lnformation requested by this letter is infonnatìon
requìred to be given to ASX under listlng rule
3.1 your obligation is to disclose the
information immediately.
Your responsibility under listing rule 3.1 is
not confined to, or necessarily satisfied by,
answering the questions set out in this letter.
We may require the request to be in writing. We
are no!required to acl on your request. You must
tell us each
of the following.
• The reasons far the trading hall.
• How long you want the trading hallto last.
• The event you expect ta happen that wlll end the trading
hall.
• That you are not aware of any reason why the trading hall
should no!be granted.
• Any other information necessary to inform the market about
the trading hall, or that we ask far.
The trading hallcannot extend past the commencement of norma!
trading on the second day alter the day on which it is
granted. lf a trading hall is requested and
granted and you are stili unable to reply to this letter
before the commencement of trading, suspension from quotation
would normally be imposed by us !rom the commencement
oltrading ilnot previously requested by you. The same applies
if you have requested a
trading hallbecause you are unable to release
'1nformat1on to the market, and are stili unable to do
so before the commencement of trading.
Ilyou have any queries regarding any of the above, please let
me know. Yours sincerely
Jenny Cutri
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