RE: Platco - chrome and PGM10 Dec 2018 23:04
Platco - chrome and PGM
previously, we own platinum/palladium/PGM right of 1.4m tonnes and we will start processing this pgm at Northam/Eland plant from early Feb 2019
with today RNS, we now own Chrome plant together with chrome ore of 1.8m (and as always, this ore also contains pgm ore to add to our existing pgm ore). this chrome is being processed now and will start generate revenue from 7 Jan to JLP
so, RNS today increases of holding of pgm ore (total now could well be above 2m tonnes !! ) and revenue coming in within 3 weeks !
share price should start to rise back up once people understand the cheap assets we get with potential to double the value within short period of time