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.

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Platinum Group Metals Ltd

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Comment by oneenoon Jan 12, 2018 8:17pm

96 Views

Post# 27347029

RE:RE:RE:RE:RE:RE:RE:What a gong show...

You're right about the debt, the secured lenders are going to continue to get the best end of this bargin. maybe the market is already pricing future dilutions in, but i'm going to wait and see this out. Zuma is still a big unkown imo.

BSdetector2016 wrote:

BSdetector2016 wrote:

oneeno wrote: I don't think PLG has a permit for waterberg yet?. Financing coming before the end of the month i believe, waiting for that before entering.

Do the math on what it will take to kill the debt; I don't think that it will be pretty.

Then there is that "consolidation" problem. It wouldn't be if they'd just get off the US exchange.