According to Salman Partners:
Platinum Group Metals ("PGMs")
In announcing its financial results for Q1 2013, Ivanplats Limited (IVP - TSX) noted that "The Mining Right Application for Ivanplats' Platreef Project [90% Ivanplats] is being finalized for application in Q2'13. ... The MRA is comprised of a number of different reports, including a Mine Works Program, a Social and Labour Plan and the broad-based black economic empowerment (BBBEE) structure. ... A Bulk Sample Application, in which Ivanplats proposes to construct an exploration shaft on the property and take a bulk sample from the Flatreef Deposit, was filed in September 2012 and is awaiting approval. ... Ivanplats is preparing a preliminary economic assessment, based on the recently updated Mineral Resource statement, which it expects to release by Q3 2013. ... Pre-Feasibility Study planned for completion during Q1 2014."
Analyst Coverage: Raymond Goldie