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Eastern Platinum Limited T.ELR

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  ELRFF

Eastern Platinum Ltd is a platinum group metal company. The Company is engaged in the mining, exploration and development of PGM properties located in various provinces in South Africa.
Price: $1.73 | Change: $-0.02 | %Change: -1.14%
Volume: 234,561 | Day High/Low: 1.77/1.73 | 52 Week High/Low: 2.17/0.65
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0 stars

RE:RE:RE:RE:Get ready

FIVE!!! Dang. I thought I was reckless to have more than two.....  rate and reply
0 stars

RE:RE:RE:Get ready

Better sell your 5 shares.  rate and reply
1 star

RE:RE:Get ready

The section 11 transfer application with the Department of Mineral Resources has not been submitted yet. You are looking at 6 months for an easy application to find its way to Minister. They also need...read more
2.5 stars

RE:Get ready

Well...as far as I know we are still waiting on SA regulatory approval so all conditions have not been met  rate and reply
1 star

Get ready

All conditions have been met. Before the end of April.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:10 days to $3.50

Remember that East Plats is selling the physical assets. But East Plats didn't own all of it, they had partners, called the "minority BEE interests". So they have made an agreement to buy them out...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:10 days to $3.50

Thanks, I actually traded in and out of ELR in the past  when their cash position was over $300 million as I recall.   The huge discount you mentioned is what caught my attention.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:10 days to $3.50

No they haven't announced any new BEE deals. This was discussed in the original sales deals. The arrangement was that ELR would buy out it's BEE partners, and that would allow the Chinese to make...read more
0 stars

RE:RE:RE:RE:RE:RE:10 days to $3.50

Governments do whatever they want.  I think the guidance was originally 3 to 6 months (from November).  The SA govt has had its hands full with mining strikes etc so my bet is this is not a real...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:10 days to $3.50

Also worth noting - Hebai made it a contractual requirement that ELR buy out all minority interests in this deal which they have - I'm not sure but I think that means the Black Economic Empowerment...read more
0 stars

RE:RE:RE:RE:RE:RE:10 days to $3.50

The company said the deal was expected to close in Q2; Q2 is April to June...personally I won't be hitting the panic button until July 1st. Not sure how long you've followed ELR but the assets have...read more
0 stars

RE:RE:RE:RE:RE:10 days to $3.50

Are there not clear guidelines from the South African government on what the minimums are to approve foreign takeover of the mines?  Reading through the previous posts I see that the Aquarius deal had...read more
0 stars

RE:RE:RE:RE:10 days to $3.50

Well I suspect the SA mining miniser is playing hardball, and asking for concessions from the Chinese. I don't think there's much Rozier can do there. Like what? He's not going to be running a mine...read more
0 stars

RE:RE:RE:10 days to $3.50

Agreed - but I was thinking about why this deal is taking so long to close given all thats left is the SA government approval. My guess is that Rozier is intentionally extending the closing window...read more
0 stars

RE:RE:10 days to $3.50

The AGM is scheduled for 16-June. If the deal is done by then and if there's enough time before to raise motions, then that would be an easy time to vote to dissolve the company, and split the cash...read more
0 stars

RE:10 days to $3.50

Well - the deal is slated to close in Q2...so unless you have inside info it can close anytime between April and June. A few articles have also noted that the max payout assuming a 6mil cash burn...read more
1 star

10 days to $3.50

This is a done deal which will close before the end of April. Its a case of buying now or paying more later.  rate and reply
0 stars

RE:RE:RE:Harrington Global Picks up 1M more shares

OK thanks. Then that's strange, why isn't it reported on either the EastPlats website, eTrade or on Yahoo Finance when i checked? Even on this website. Maybe tit's not all added together: I never...read more
0 stars

RE:RE:Harrington Global Picks up 1M more shares

If you check stockwatch.com it lists all North American exchanges- Last Thursday they have the total volume listed as 1,245,509 which would confirm the transaction as it is also posted on Canadian...read more
5 stars

RE:RE:RE:RE:RE:April Fools Harrington Global Opportunity Story

The way that Harrington & Salida restructured is completely irrelevant - all that matters is that Harrington owns 12.6% of ELR  rate and reply