one theory

Both the continued delay in releasing the platinum results and the fact that Cornelius has not set a General Meeting date for shareholders to vote on Sylvania’s placement, suggests to me that a corporate deal is in the making.

This is the way I see it panning out:

• The spin-off of Platinum Mining Ventures (PMV) on the ASX will not proceed.

• SLV will propose a takeover of PMV and offer GAU shareholders a non-renouncable rights issue in SLV shares/options.

• The cash end of the transaction is SLV's recent proposed placement in GAU.

GAU will then peruse other objectives like the acquisition of Uranium interests in South Africa.

Any comments!