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. 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 world’s PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource from the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers (km) northeast of Johannesburg. Mareesburg is an open-cut PGM project on a 2,129- hectares area in the southern part of the eastern limb of the Bushveld Complex, in the Limpopo Province of South Africa.

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Eastern Platinum Ltd.

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Comment by tjw4on Jul 09, 2016 3:13pm

88 Views

Post# 25038349

RE:RE:RE:Minority payment

Well a few things wrong with what you posted.

1. We shareholders did nothing, it was institutional holders which surely had communication with KA before they voted.

2. Poor announcements or not, there is a dollar amount tied to the price of platinum and estimated reserves in the ground, so the sale is based mostly off of that, and not on the current share price.

3. A lot of these statemens on this board sound like sour grapes, almost as if former board members post on here. I have no idea how a common shareholder could think the switch in board members is anything but a great move for us.

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