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Re: chklingon post# 104

Tuesday, 08/20/2013 10:17:19 PM

Tuesday, August 20, 2013 10:17:19 PM

Post# of 207
Atlatsa: investment case
• Junior PGM producer progressing to a mid-tier producer
• 100% growth target over next 5 years from 2012 base
• Comparatively low capital requirement to fund growth
• Fully financed at attractive debt coupon
• Quality orebody with Merensky focus
• Strong management team with successful track record

my favorite part is this though

• Term: 2013-2020
• Cost of borrowing: 2% average

That is going to make a massive difference and hopefully push this thing into a cashflow positive situation sometime in the next 7 years.

I am holding 150,000 long term and may add mre as we move along here with more signs of progress on this plan.

GL2U and a uplist to TSX will help get more instituational investment in here which would be helpful.

maestro