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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 producer. It acquires, explores and develops platinum group metal (PGM) properties located in various provinces in South Africa.
Price: $1.60 | Change: +$0.12 | %Change: +8.11%
Volume: 198,243 | Day High/Low: 1.62/1.44 | 52 Week High/Low: 2.17/0.60
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0 stars

RE:RE:Distribute all cashes to shareholders is the best choice!!

anyone figure out the cash payout rate per share? unless rozier pitches a replacement investment which sucks cash without profit potential, then whatever this magical number is translates into more
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RE:Distribute all cashes to shareholders is the best choice!!

That would be a solid move by Management to ensure that sharedolders get the full value.  rate and reply
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Distribute all cashes to shareholders is the best choice!!

To be honest, ecomomy will not be good in the future 5 years. A strong suggestion: don't waste time and money, administrative staffs! Get what you want and distribute all the cashes to more
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That's true - his target could also go up.  rate and reply
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I agree, however his $2.25 target may change once more information is made available. I think that is his point.   G1945V  rate and reply
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Same Analyst you previously had reservations about  the transaction ( Raymond James) is now the one who lifted his target to C$2.25. I guess he had a change of heart  rate and reply
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Read more: Analysts Have Reservations Regarding Eastplats Sale  rate and reply
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Target Price + Highlights

Eastern Platinum : Raymond James resumes with market perform rating; target C$2.25 Highlights Long-Term: More than 9 months  Technical Events 3 bullish 0 more
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RE:RE:Here's my vote

Or perhaps a better deal is a purchase of all outstanding shares / options etc (if exercised) for lets say 3.00 per share. In this way ELR will not face a tax burden for sale of assets and will more
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RE:Here's my vote

Why didn't they just have an offer of around $300 million with both the cash and PGM properties included?--would have amounted to the same price for Habei Zhongbo, factoring in the cash. Woud more
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RE:RE:RE:Here's my vote

Probably at some point, Management will provide an update on the terms of the agreement. Until then, the stock will likely be range bound and move sideways.  rate and reply
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RE:RE:Here's my vote

It's just ridiculous that SP is trading at half the cash price offered. Probably signifies that market is expecting the institutions to reject the offer.  rate and reply
5 stars

RE:Here's my vote

i dont think we will see less than - buck fifty from now on. the trapped value will be released with execution of agreement. - just cash payout or investment in future leveraged investment in more
5 stars

Here's my vote

Per Danny's advice " find a buyer for the South Africa assets"... &   "distribute to shareholders as the company is wound down" Also Invesco owned over 18% (per Feb 2014 news release below) & more
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Maybe , but not before it retest $1.20 - $1.30  rate and reply
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AT LEAST TRIPLE    GO GO $3 IMO  rate and reply
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RE:RE:RE:good and bad

AT 80 CENTS......ABSOLUTELY !!!  rate and reply
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RE:RE:good and bad

It's funny stock market. Do we have chance to go back to below 90 cents? If this happens in the future, will you continue to buy ELR at 80 cents and Chinese still use 225 million to buy ELR assets?  rate and reply
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RE:good and bad

It'll probably drift lower until the money's in the bank.  rate and reply
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Agreed. Shake out in progress. Computer algorithims now working to take all cheap shares before sending stock price higher....usually retail sells too early; institutional will hold and more

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