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Platinum Group Metals Ltd T.PTM

Alternate Symbol(s):  PLG

Metals & Mining Industrial Metals & Minerals
Platinum Group Metals Ltd. is a Canada-based platinum and palladium focused exploration and development company. The Company is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project is located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. The Waterberg Project covers an area of approximately 29,161 hectares (ha) consisting of the Waterberg Mining Right, one active prospecting right, and one application for the incorporation of two adjacent farms into the Waterberg Mining Right. Of the total project area, 20,482 ha are covered by the Waterberg Mining Right. Waterberg is a joint venture between the Company, Impala Platinum Holdings Ltd., HJ Platinum, which consists of JOGMEC (Japan Oil, Gas and Metals National Corporation) and Hanwa Co. and Black Economic Empowerment (BEE) partner Mnombo Wethu Consultants (Pty) Ltd.


TSX:PTM - Post by User

Platinum Group Metals Ltd
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(7)
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Comment by grape562000on Jul 14, 2017 11:26am
233 Views
Post# 26469210

RE:RE:RE:RE:RE:RE:RE:RE:NEWSWIRE PLATINUM GROUP METALS RESTRUCTURES

RE:RE:RE:RE:RE:RE:RE:RE:NEWSWIRE PLATINUM GROUP METALS RESTRUCTURESI took a ride in the way-back machine...

At this juncture, we PLG has an appoximate 82% interest in Maseve and %55 in Waterberg.

Being so far along, if giving up say 30% more of Maseve would retire our debt and bring in the new big partner, would that be all that damaging? I picked 30% out of the air, so welcome any opinions of what the restructuring might really look like.

https://www.bnn.ca/video/platinum-group-ceo-yeah-i-issued-shares-i-m-building-a-mine~522963
Bullboard Posts
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