Oly, In my opinion you hit the nail on the head with your...

Oly,

In my opinion you hit the nail on the head with your opening stanza :

" Was expecting to repeat dose and more with Skaergaard cos from a project development angle RM was / is IMO the best suited to realise this one for us but unfortunately he left just as the spreadsheet would have started looking really sexy. Not sure about current leaders' view / direction on this even tho Pd price has broken into blue since and would make the SS numbers look even sexier. "

RM (Rob Mosig, ex PGM CEO, for the uninitiated) was the visionary that actually got the drilling done in Greenland some time ago. He lived and breathed the Platinum Group elements for 3 decades in Australia in an exploratory sense. Helix Resources was his previous vehicle for his appetite for this group of elements.

He was very Gung Ho on the Owendale Sc , Co, Ni, Pt, Pd around 2017 when I spoke with him about potential offtake partners .. not in China. He was on a mission to get things happening and I had a lot of time for him. It appeared the board at the time had different ideas, but were willing to listen, albeit penny pinching IMO.

However, his sudden departure came out of left field, as most long term holders know, either came as a blow or a new dawn. The New Dawn never eventuated and the SP plunged ..it was seemingly a rudderless ship for an excruciating amount of time for the long term diehards (myself included).

Who knows what really happened, but it left Platina in a crap hole for an extended period. We contacted the company on numerous occasions to find out WTF was going on, with limited success... only a few months ago before CN was finally announced .. all good we thought with the initial flurry of announcements. The SP then started to splurt back upwards.. just like a lawnmower trying to get more fuel in the line to fire up and then splutters and shuts off. Just look at the last 12 months trades on a proper chart .. Oly knows this!!

So ... what's the problem right now with the SP ??? The Market dictators are having a field day with a company that does not yet have a Mining License over the prized small reserve of Scandium. The shorters or the accumulators are having a field day. Today's SP is an example. Very low volume trades with wild daily share price swings ..

Skaergaard may be a behemoth .. but it requires a behemoth mining operation .. like the BHP Monster Olympic Dam multi element, low grade, mine in South Australia . The Capex is massive at Olympic Dam .. but so are the rewards .. BHP is a monster company .. Platina Minerals is not in terms of Skaergaard.

They gave away the Munni Munni mining licenses for peanuts some time ago. CN is going to have a bugger of a time trying to get some current shareholder value out of the largest known and proven resource of Platinum groups elements in Australia .. including Palladium and Rhodium.

Check out the Artemis resources SP today.

Why do I bother with Platina ... made money on it but lost a lot more .. tax loss .. however we invested in the company while Mosig was around. because we had much more ground containing Scandium (~1500ppm) Cobalt/ Nickel/Copper etc etc .. just think of a huge area of Dunite/ Ultramafic rocks (Pt/Pd/Au) (Owendale eat your heart out) .. Outside of NSW.

I do not bother with it at the moment .. it's more of curiousity value to me .. What Could Have Been.

In the meantime .. I have the exploration, mergers and acquisitions season coming up fast.

This stock is more sentimental to me, but a total waste of my time at the moment. The markets are far from stabilised at the moment.

Unless you have " highly in demand" commodities in your portfolio or binding off take agreements for "Esoterica" such as Scandium, with a granted mining license and the project funding in tow ... you are screwed. Maybe that's why the latest report highlights prospective and opportunistic plays to fill the holes in the current plan.

A signed up off taker for Scandium or a takeover, or a joint venture with full funding commitments to the production on who knows what end product that may be in the next 5 years .. might just get the old interest back up in Platina .. how long has this company been in operation ?? !! What have they actually produced over the last 15 years ??

So much for my investing in " Like Minded Companies" .. no one pays me to explore .. it comes out of my pocket!!! .. the tax loss will assist, only if you make a profit! , but what a waste of time and money it 's been. OLY .. you run your own business .. you have a great degree of control over it and it's destiny , you have no control over Platina resources, nor its decisions .. neither do I. That's why I am out .. pity!

Just my experiences with this stock .. live and learn ..stick my funds into my own projects ..at least I have some control.

Cheers

HR

Just my biased views .. Caveat Emptor . Any grandma or Spelink miss steaks are inevitable if you do not Spel Czech.