PLG - Platinum Group Metals Is Late To The Party
- Waterberg is a compelling PGM and gold project but there is no offtake agreement yet.
- If Platinum Group Metals and the other shareholders manage to secure funding, stock dilution is likely to be high due to the high initial capex of the project.
- I think that the golden years of palladium and rhodium are over as electric vehicles are becoming mainstream.
- In my view, the share price of Platinum Group Metals is headed below $1.00 by the end of 2022.
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Platinum Group Metals Is Late To The Party