PLA 0.00% 6.7¢ platinum australia limited

just when you think things can't get worse;ROODERAND PROJECT...

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    just when you think things can't get worse;

    ROODERAND PROJECT LEGAL PROCEEDINGS

    Platinum Australia Limited (ASX:PLA) has been advised by Atla Mining Resources (Pty) Ltd (“Atla”) that Rustenburg Platinum Mines Ltd (“RPM”) has issued an application in which it seeks, in particular, to interdict the Minister of Mineral Resources and other state functionaries from accepting and/or granting further applications for prospecting rights, mining rights or any other rights, permits or permissions in terms of the relevant South African legislation covering Portion 2 of the farm Rooderand 46JQ.

    http://imagesignal.comsec.com.au/asxdata/20111109/pdf/01239058.pdf


    Painful lesson this one, but best avoid any mining operation in South Africa.
 
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