NetworkNewsWire
Posted - 2 days ago
MiningNewsBreaks – $PLG $PTM.TO Marks Pivotal Step to Enhance Operational Capabilities, Secure Offtake Agreement https://ibn.fm/6CYe1
meszaros
Posted - 3 days ago
$PLG The base prospectus and registration statement filed by Platinum Group Metals Ltd. will allow the company to issue up to USD 250 million in various securities over the next 25 months. This move will increase the company's financial flexibility and provide the opportunity to raise funds for projects such as the development of the Waterberg mine. The Waterberg project is a major platinum group metals mine in South Africa, for which a positive feasibility study was published in September 2024. Although the prospectus does not specifically identify the use of the funds, it is likely that the capital raising could contribute to the start of construction of the mine.
meszaros
Posted - 3 days ago
$PLG Platinum Group Metals Ltd. (TSX: PTM; NYSE American: PLG) announced on November 13, 2024 that it has finalized a short form shelf prospectus with the securities regulatory authorities of the provinces and territories of Canada and filed a registration statement (Form F-10) with the U.S. Securities and Exchange Commission (SEC) in accordance therewith. These documents will allow the company to issue up to USD 250 million of various securities, including common stock, debt securities, warrants and subscription receipts, over the next 25 months. The precise terms and purpose of each issue will be set out in a prospectus supplement. The company's aim in taking this step is to increase financial flexibility and to further its business objectives.
newsfile_corp
Posted - 4 days ago
https://nfne.ws/229417 $PLG $PTM.TSX #palladium #platinum #Mining #MiningStocks #Metals #PreciousMetals #TSX #Investing
meszaros
Posted - 1 week ago
$PLG Platinum Group Metals Ltd., an up-and-coming player in the PGM space, is well positioned to capitalize on this trend. The company is engaged in the development of the Waterberg Project in South Africa. This project is strategically aligned with the growing demand for platinum and other PGMs, as it aims to produce large quantities of these crucial metals.
meszaros
Posted - 1 week ago
$PLG LONDON, Sept 9 (Reuters) - A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (PGMs) in the coming years, similar to the extended lifespan now predicted for coal. https://www.reuters.com/markets/commodities/hybrid-cars-throw-lifeline-platinum-metals-2024-09-09/
NetworkNewsWire
Posted - 1 week ago
RockBreaks – $PLG $PTM.TO Moving to Benefit from Increased Demand for PGMs https://ibn.fm/LtkcI
MrHotHands
Posted - 2 weeks ago
$PLG first it will be $3, then we blink and its $4
beeny
Posted - 10/31/24
$PLG 🤦🏻
rsmracks
Posted - 10/31/24
$SBSW $ANGPY $IMPUY $PLG $PL_F We are still a long way from the top. We will see this cup form. I’m sticking around for it.
JoelTay94
Posted - 10/30/24
$PLG it is good to see $PLG stay on its long term support level in the following trading days.
beeny
Posted - 10/30/24
$PLG what was that drop this morning?
PenkeTrading
Posted - 10/30/24
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Platinum Group Metals Ltd. Is that bullish or bearish? $PLG #Platinum #RsiOverbought #NYSEMKT
MTC_fool
Posted - 10/29/24
$PLG : What is that possible news about some supposed Lion battery ??
TrendM4p
Posted - 10/29/24
$PLG 🥶 Price swings, questionable growth. Risky vibes. Big news for MYNZ! 75M EU, US hinted, German-backed funding, Petra Mainz teases. Shares might reach $10-50, RS canceled.
meszaros
Posted - 10/29/24
$PLG This theoretical reasoning is intended to show that there is nothing to impede Platinum Group Metals' upward path. A strong rise in palladium and platinum prices would be followed by a rise in PLG shares.
meszaros
Posted - 10/29/24
$PLG The graph above shows the general behaviour of the share price around the shutdown of the ATM programme. The red line indicates the day of the program shutdown. The theory is that before the shutdown, the stock price will trend downward due to continued issuance of shares, and then upward after the shutdown as supply decreases and investor confidence may increase. This graph illustrates the typical effect.
meszaros
Posted - 10/28/24
$PLG
meszaros
Posted - 10/28/24
$PLG "Platinum Group Metals Inc. is currently operating an ATM (At-The-Market) share sales program, under which it may issue up to $50 million of shares on the open market through BMO Capital Markets. The program provides flexibility for the company, particularly for financing the Waterberg Project in South Africa, which requires preparatory work and other project costs. The programme runs until July 2024. " If you look at the PLG chart, you can see that a stable upward trajectory in the share price emerged almost immediately after the ATM programme ended.
meszaros
Posted - 10/28/24
$PLG Sanctions on Russian palladium could be particularly advantageous for non-Russian producers and emerging mine developers such as Platinum Group Metals Ltd. operator of the Waterberg PGM Project. PGMs are critical for pollution control in the automotive sector, including traditional internal combustion engines (“ICE”) and the growing gasoline hybrid and plug-in hybrid (“PHEV”) segments. PGMs also play a critical role in fuel-cell technology and the production of hydrogen.
NetworkNewsWire
Posted - 10/28/24
$PLG $PTM.TO Eyeing Response to U.S. Recommendation to Impose Sanctions on Russian Titanium, Palladium https://ibn.fm/hhdqH
aztecb
Posted - 10/28/24
$PLG if the ass was gonna drop out of it, the drop would be far more.
meszaros
Posted - 10/26/24
$PLG The ownership structure of the Waterberg PGM project is divided between the following partners: Platinum Group Metals: The operator and majority owner of the project, with a 50.16% stake. Of this, 37.19% is direct ownership, while the remaining 12.97% is through BEE (Black Economic Empowerment) partner Mnombo Wethu Consultants. Implats (Impala Platinum Holdings): The leading producer of PGM (platinum group metals), which holds a 14.86% stake in the project. It also has a right of first refusal to purchase concentrates. HJ Platinum Metals Co. Ltd.: A Japanese specialty company with a 21.95% stake. 75% of the financing is provided by JOGMEC (Japan Organization for Metals and Energy Security), while the remaining 25% is provided by Hanwa Co, a diversified Japanese trading company. Mnombo Wethu Consultants: BEE is a partner with a 26% share in the project. This partnership will enable the participation of local South African communities and promote the local economic impact of the project
meszaros
Posted - 10/26/24
$PLG The picture shows the Waterberg PGM project's concentrate marketing and processing strategy, which outlines two alternatives for processing and marketing the concentrate: Option A - Third party concentrate purchase (South African Offtakers): This option would involve sales to South African companies, with partners including major mining companies such as Implats, Anglo American Platinum, Northam, and Sibanye Stillwater. These companies would buy the concentrate and process it in their own refineries. Option B - Cooperation agreement with Ajlan & Bros of Saudi Arabia: Under the second option, Platinum Group Metals and Waterberg JV Co. would form a collaboration with Ajlan & Bros Mining and Metals of Saudi Arabia, which would provide processing and refining facilities for the concentrate in Saudi Arabia. This option would open up an international processing and marketing opportunity for the Waterberg project.
meszaros
Posted - 10/26/24
$PLG Life of Mine: The mine has an expected life of 54 years based on current reserves, which provides for a long term operation.
meszaros
Posted - 10/26/24
$PLG The picture shows the main financial and technical parameters of the updated 2024 Feasibility Study (DFS) for the Waterberg PGM project: LOM (Life of Mine) Net Cash Flow: The project is expected to generate an after-tax cash flow of $6.5 billion over the life of the project. Proved and Probable Reserves: Reserves of 23.41 million ounces of a combination of 4E (platinum, palladium, rhodium and gold). Annual Stable Production: The project's annual production is 353,208 ounces of 4E when operating at full capacity. LOM Average Cash Cost: The average mining cost will be $658 per ounce (4E), which is a competitive level. Net Present Value (NPV): The net present value of the project after tax is $569 million, calculated at a discount rate of 8%. Estimated Peak Capacity Cost: The maximum capital investment for the project is estimated at $776 million. IRR: The project has an after-tax IRR of 14.2%, suggesting an attractive investment opportunity.
meszaros
Posted - 10/26/24
$PLG The picture shows the ore location and layout of the Waterberg PGM project: Ore body (upper part): Shows the ore location of the F Zone and T Zone. The F Zone is wider and deeper, ranging from 2.4 m to 82 m in thickness and 6.8 km in length. The T Zone is narrower, ranging from 2 metres to 20 metres in thickness and 4.8 km in length, and is located at shallower depths. The diagrams also show the side and top view layout of the ore locations, facilitating mine planning. Plan (bottom): Project map showing the location of the various mining facilities and access points, including the Northern Decline and Central Decline access tunnels. Processing and storage facilities are also shown, such as the Tailings Storage Facility. The legend in the figure identifies the different parts of the mining zones, with different colours indicating the F Zone and T Zone areas and the planned infrastructure.
