Hi batcountryGood to have you on board. I like you're SP...

Hi batcountry

Good to have you on board. I like you're SP forecast. Very reasonable in the medium term!

In terms of 'Industry Consolidation' and what not, I have just read this article which highlights the kinds of things that are happening on the ground and provides some insight into what is possible for the company and projects (in terms of funding and JV possibilities).

www.businessday.co.za/articles/Content.aspx?id=169909

'Platinum Group raising capital
Department of Mineral Resources grants mining rights April 4 that allows work to begin on parts of second phase once project finance is secured.'

'PLATINUM Group Metals plans to raise $260m towards its mine near Sun City in North West, to begin production late next year, and is in talks with partner and neighbour Wesizwe Platinum to find ways to cut costs through co-operation.'

'A Chinese consortium led by Jinchuan, a large mining group, has bought 45% of Wesizwe in a deal that fully funded the R6bn development of a twin vertical shaft mine capable of 350000oz a year of platinum group metals.'

etc...

--

Also, the Indian's are following the Chinese into PMG's

http://in.reuters.com/article/2012/04/18/india-platinum-imports-idINDEE83H02K20120418

'Indian platinum interest set to sparkle in 2012
(Reuters) - A new platinum contract was launched in India on Tuesday to serve a market where the head of the bullion association said imports could rise by almost half to 20-22 tonnes this year.'

Enjoy!

Gus