PGM 13.6% 1.9¢ platina resources limited

His Royal Highness Prince Frederik of Denmark has set out to promote Danish-Greenlandic mining, page-6

  1. 95 Posts.
    lightbulb Created with Sketch. 11

    I read that bit about ARV divesting non core assets.
    I notice ARV's share price has been falling steadily in the last 6 months.

    In regards to Munni, & our 70/30 JV with ARV.
    I emailed CN as to why there was no detailed mention of Munni in the
    latest Investor Presentation.
    He tells me they are finalising a JV document, but ARV are dragging their feet
    & there will be minimal expenditure this year as Munni is not a focus for them
    at the moment.
    One can only hope that the JV is being renegotiated as an ARV non core asset
    with a better outcome for PGM , otherwise this could sit dormant for a while.

    Not long before RM departed, he was spruiking the JV as an exciting opportunity
    to accelerate exploration in 2018.
    Reminds me of all his other promises!

    Cheers,

    Ultraman








 
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