PGM 15.8% 2.2¢ platina resources limited

Donny, @teddy_afro, @olympian, and long suffering...

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  1. 1,709 Posts.
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    Donny, @teddy_afro, @olympian, and long suffering holders.


    Finally an investor presentation from the new mob highlighting the potential of the well known Skaergaard deposits and... wait for it ... yes, Vanadium at long last!
     

    The SP has taken a boost after this presentation. However, they are still talking about M&A opportunities. Maybe they should concentrate on the main game in their portfolio first, to add some quick value to the SP and keep the holders happy.


    Looks to me they will need to raise cash soon. How will they do it without diluting the shares ? .. maybe a JV partner signing up with cash for a percentage of the Skaergaard project might be the go.

    When the board and management clearly demonstrate some binding agreements for end product or a JV/ earn in style deal, then it may be the time to re invest in Platina for us.  

    Talk is cheap .. real deals are far and few between. Pity they missed many opportunities over the last year and a half.

    In the meantime I have been concentrating on our own projects and JV agreements, as well a float coming up.

    Good luck all ..Platina's fate, is now firmly in the lap of the new management Gods. Best bet is to talk to them directly and often to grab a handle on their prowess .. after all they are handling you funds  ...are they Not ?? Too many boats missed and you get stuck at the wharf with nowhere to go.

    I agree with Oly re CLQ opp  ...but they missed that boat as well.

    Cheers

    HR

    Just my opinion .. no advice


 
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Last
2.2¢
Change
0.003(15.8%)
Mkt cap ! $12.46M
Open High Low Value Volume
2.0¢ 2.2¢ 1.9¢ $44.69K 2.138M

Buyers (Bids)

No. Vol. Price($)
5 1022707 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 73000 1
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Last trade - 14.19pm 21/11/2024 (20 minute delay) ?
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