Eastern Platinum Ltd. T.ELR

Alternate Symbol(s): ELRFF

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. It is engaged in re-mining and processing of tailings at the Crocodile River Mine (CRM) and the exploration and development of other PGM and chrome properties located in various provinces in South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam. Its six PGMs are platinum, palladium, rhodium, osmium, iridium and ruthenium. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers northeast of Johannesburg.

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Eastern Platinum Ltd.

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Post by Jimmy2014on Aug 18, 2015 10:37am

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Post# 24027511

AGM Approaching fast

With the deadline to have the AGM 'on or before September 11, 2015' one would hope that the next couple of weeks have some progress. Harrington has bought right up close to the 19.99% limit (18,519,100) and it is doubtful that they would surpass that.

It was mentioned previously that the the Chinese might try to 'cherry pick' which properties to buy and there is that possiblity that only part of the deal might happen.

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