Platinum Group Metals: They've Recognized The Problem At Least [Seeking Alpha]
Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)
NASDAQ:AMEX Investor Relations:
platinumgroupmetals.net/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
The demand for platinum group metals, particularly palladium, is expected to decline due to the rise of electric vehicles and increased recycling. PLG's attempt to find new uses for the metals through Lion Battery Technologies may indicate a recognition of the declining demand for traditional uses. Is there even going to be a market? I wrote about Platinum Group Metals Ltd. ( NYSE: PLG ) here at Seeking Alpha back a couple of years ago . My base contention was that the market for the intended production had a problem. Therefore I was unsure about whether the mine would, in fact, go into production. My concerns have only grown over the period since. I now think it is going to be very difficult for PLG to finance its mine. And I think they're going to have significant problems if they can manage that. I'd also suggest that they themselves have realized this problem - for they're doing something to try and solve that market demand problem. Something I don't think will work but t
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PLG
News
- Update on Funding and on Repayment of Asset Based Debt Facility & General Corporate Update [Yahoo! Finance]Yahoo! Finance
- Building a platform for collaboration and climate action [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Platinum Group Metals Ltd. Reports Second Quarter Results [Yahoo! Finance]Yahoo! Finance
- Midnight Sun Appoints Darin Wagner to Advisory Board [Yahoo! Finance]Yahoo! Finance
- Global Platinum Group Metals Market Size is Estimated to Reach USD 21,761.08 by 2030, Growing at a CAGR of 4.44%: Straits Research [Yahoo! Finance]Yahoo! Finance
PLG
Sec Filings
- 4/16/24 - Form 6-K
- 3/1/24 - Form 6-K
- 2/6/24 - Form SC
- PLG's page on the SEC website