PGM 4.76% 2.0¢ platina resources limited

Ann: Key step completed in finalising Skaergaard sale, page-103

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  1. 2,198 Posts.
    lightbulb Created with Sketch. 335
    reading between the lines here - theyve had Owendale for years. completed DFS for 2 years and cant secure an offtake. Either the project financials dont stack up and its too expensive, or the market for Sc is too small and its not cost effective to sell overseas.

    now theyve seen the success of CLQ recently with their Pt, so management have thought "hey we've hit Pt whynot change the focus"
    Will need to redrill an already proven resource targeting a different mineral, and maybe refresh the DFS while were at it.

    With the greenland sale, its a great time to pump the SP and tip the hat - i smell a CR coming
 
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