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.