Below is an article on a platinum prospect sold by PPD two years...

Below is an article on a platinum prospect sold by PPD two years ago, that is now being developed by another company in a 500m project based completely on PPD's drilling. Considering PPD's 20m market cap and projects with reserves of 4m oz of PGM, just wondering why they cant develop their projects. Could go up 10 times if they did. Any ideas?

http://www.miningmx.com/platinum/520021.htm

Platinum Mining Ventures will be listed on AIM when it comes to raising the A$500m to build a mine, concentrator and smelter. The capital will be equally split between debt and equity. A French and American bank operating in South Africa have expressed interest in the project, he said
The 14km strike runs from surface to 3km deep, making quick and low-cost opencast mining viable. It used to be owned by Australia’s Pan Palladium