I spoke with one of the Gentleman at Platina yesterday, will not mention names however there was some concerning stuff that did come up when questioning them on a couple of you above points.
Munni Munni- When asked whats going on here because its about our best Asset and that we as shareholders want to know whats going on with it, the reply was something along the lines of We also want to know whats going on with it, and Artermis have been busy on their end. My response was ..... "Well thats a little concerning that you guys don't know whats going on with it and you dont know what the current status is, and that you (Platina) have your own shareholders to look after, so when you use an excuse like Artemis have been busy on their end with other projects, that is of no concern to me and should not be used as an excuse by them, and you should not accept that as an excuse". I was also told at the end of the conversation that Artemis are trying to prove their expenditure and believe they have done work.
Shareholders please send an email to anyone at Platina immediately regarding this, in my opinion this is top of the list in terms of getting to the bottom of. Munni Munni, is ready to mine with good gold, platinum and mining and exploration licenses in place. We could list the Munni Munni in a spinoff company and have a better shareprice off the back of that one asset than we do in the entire PGM, so this is of major importance!
Cobalt & Nickel - I was told that they will not be focusing on it and will be focusing on the Scandium, because apparently its to costly the beneficiate the Cobalt and Nickel laterites. Whilst I agree that laterites are more costly to beneficiate then sulphides I don't agree with the sentiment or strategy on this. If you are doing a DFS, do a DFS on all three credits and then make an educated decision based on the outcome of the DFS, dont have a pie in the sky comment with no science or commercials behind it. (Call Platina and ask the question to make sure I didnt miss hear this)
Skaeegard - When asking about this, to get some news for the other interested shareholders (Isn't even a concern of mine and not on my PGM priority list) I was told they ware working closely on this project to work out the best way to monetise this and to create shareholder value. The sentiment that I got, which is pure inference on my end, however its just what I took from the conversation, is they are probably looking to exit from this project rather than take it forward. (Inference, Not backed up by fact, My opinion on the phone call)
So Shareholders, please DYOR, give them a call and come to your own assessment, I am holding this play for Munni Munni as I am of the belief it is one of the most exciting proposition in WA currently. I thought id share parts of yesterdays phone conversation with you as it may give you some more insight or it may not.
I am not telling you to buy, sell, hold this is purely to pass on to shareholders as transparently as I could, given this is a day old in my head now. DYOR, make your own phone calls, this is not advice.
(20min delay)
