Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Safe Supply Announces Signing of Definitive Agreement to Acquire Drug Lab 118 (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(1)
•••
Post by wrightonon Sep 24, 2019 3:34pm
252 Views
Post# 30160326

DFS announced

DFS announced
This am, PTA announced the release of the Definitive Feasibility for its Waterberg project.
Key points:
  • After-tax net present value (NPV) of $982-million (U.S.), at an 8-per-cent real discount rate, using spot metal prices as at Sept. 4, 2019, (including $1,546 (U.S.) Pd/ounce) (spot prices).
  • After-tax NPV of $333-million (U.S.), at an 8-per-cent real discount rate, using three-year trailing average metal prices up until Sept. 4, 2019 (including $1,055 (U.S.) Pd/ounce) (three-year trailing prices).
  • After-tax internal rate of return (IRR) of 20.7 per cent at spot prices and 13.3 per cent at three-year trailing prices.
Very positive report, I would say. With 58,575,787 shares outstanding, NPV of $982 million implies a share price of $16.75. NPV of $333 million (the conservative case) implies a share price of $5.68.  This is one I'm watching closely.  I have a ton of warrants which I hope will increase in value over the next several weeks (expiry Nov 15).
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities