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African Plat - Formerly South African Resources (APP)     

ptholden - 23 Sep 2005 08:45

This one seems to have escaped all attention recently, but up 11% yesterday and a similar rise today on no news. Perhaps an update will be announced fairly soon. DYOR etc

pth

Edit, can't get the chart to show, ideas anyone?

stockbunny - 23 Sep 2005 10:34 - 5 of 21

graph.php?epic=APP

ptholden - 23 Sep 2005 10:36 - 6 of 21

Thanks Bunny, but I can't get the 'new' charts to paste?

stockbunny - 23 Sep 2005 10:38 - 7 of 21

I tend to rely on the old tried and tested way - get the chart from the
stockwatch screen as an easy alternative.
Let's hope this rise goes on a little bit more
:>)

ptholden - 23 Sep 2005 10:50 - 8 of 21

If it gets above 26p, might retrace to the old highs.
A very strange stock with generally a lot of trades going through at mid price. Bit of a long termer really. They certainly have a huge lump of deposits, but as with all miners, it takes forever from discovery to actual production.

pth

stockbunny - 23 Sep 2005 10:55 - 9 of 21

Agreed but hey look at GFM!
Be Lucky with it
:>)

s.alhabib - 27 Sep 2005 12:19 - 10 of 21

Hi all,

Good set of results today. Chairman is very bullish. $25m cash in hand. Also

1- The price of Platinum is rising (mid price today is $928/ounce)and may challange the $1000 mark before the year end, and

2- The company (APP) would be listed on the American market AMEX anytime before the end of this year. This listing would make it easier for US investors to tuck in.

Keep holding your shares at least up to 30p. Aquarius Platinum (AQP) has moved up by 70% since April this year, while African Platinum (APP) is up by only 35%.

ptholden - 27 Sep 2005 12:37 - 11 of 21

Just a word on the news. The ticker doesn't indicate that the results are out but as s.a says they are now in the public domain. No turnover yet, so obviously a loss, but perhaps a good long term hold. Production inches ever closer.

pth

ptholden - 18 Oct 2005 10:15 - 12 of 21

Slowly edging towards production:


African Platinum Plc
18 October 2005


African Platinum plc
Ticker: APP
Index: AIM
Sector: Exploration


AFPLATS APPOINTS RMB TO ADVISE ON LEEUWKOP FUNDING


London, 18 October 2005 - AIM-listed platinum exploration and development
company African Platinum (Afplats) announced today that it had appointed Rand
Merchant Bank (RMB) to advise it on the structuring and funding of the Leeuwkop
PGM project. RMB ranks as one of the top South African corporate advisory
firms, and the team which has established its investment banking track record in
the resources sector will include experienced specialists dedicated to the
implementation of Black Economic Empowerment (BEE) transactions.


Chief executive Roy Pitchford said RMB would determine the optimal capital
structure for raising an estimated ZAR1.9 billion which Afplats needs to bring
the mine on the Western Limb of South Africa's Bushveld Complex into production.
RMB will also advise Afplats and its BEE partners on an efficient and fundable
structure that satisfies the requirements of the Mining Charter.


'The appointment of RMB is a significant milestone in the development of the
project. As the technical part of the feasibility studies is being concluded,
the role of the advisor in helping Afplats progress to securing funding will be
crucial to the success of the project,' Pitchford said.



The next phase of the project development plan includes a definitive feasibility
study which is expected to be completed in the first half of 2006. RMB will
assist Afplats in converting this to a bankable feasibility study. In addition,
an independent engineer will be appointed to complete a Competent Persons Report
on the Leeuwkop project as a prerequisite for the fundraising exercise.


Afplats has already spent some ZAR112 million on proving the Leeuwkop resource,
which currently stands at 50 million ounces of 4E (the three platinum group
metals plus gold) but which the company believes has the potential for
significant expansion. The pre-feasibility study envisages a 300 000 ounce per
year mining and concentrating operation with a life of mine in excess of 20
years.

nkirkup - 28 Nov 2005 08:56 - 13 of 21

RNS out today, looking good for 2006.

African Platinum Plc
28 November 2005



African Platinum plc
Ticker: APP
Index: AIM
Sector: Exploration


AFPLATS APPOINTS SHAFT SINKERS AS PREFERRED SHAFT TENDERER ON LEEUWKOP PROJECT


San Francisco, 28 November 2005 - AIM-listed platinum exploration and
development company African Platinum plc (Afplats) is pleased to announce that
it has appointed Shaft Sinkers (Pty) Limited as the preferred tenderer for the
design and construction of the twin- shaft system and critical underground
development works for its proposed Leeuwkop Phase 1 development.


Shaft Sinkers is a leading international operator in this field, involved in
both vertical and incline shaft sinking since its inception in 1961. The
company holds the ISO 9001/2000, 14001 and 18001 quality certifications and has
been awarded the South African Chamber of Mines' 5-Star safety rating. Shaft
Sinkers recently completed several shafts in the immediate vicinity of Leeuwkop
at similar depths and is currently sinking the largest shaft complex for a
platinum mine in South Africa.


Afplats chief executive Roy Pitchford said the appointment of Shaft Sinkers was
another significant step forward in the development of the Leeuwkop project.


'The pre-feasibility study indicates that this portion of the total twin-shaft
infrastructure and access development constitutes more than 30% of the estimated
capital required to develop Phase 1 of the Leeuwkop project. Therefore, having
one of the most successful and highly experienced contractors in the mining
industry appointed to the team undertaking the largest capital work item is a
significant advance. Furthermore, as the rapid accessing of the orebody is
critical to the development of the mine Afplats now believes with a high degree
of confidence that the targets it has set will be achieved,' Pitchford said.


Afplats has already spent some ZAR112 million on proving the 53 million ounce
Leeuwkop resource base (including 5 million measured, 9 million indicated plus
39 million inferred) but according to results from the step-out exploration
programme on Imbasa and Inkosi, Afplats could double this over time. The
pre-feasibility study envisages a 300 000 ounce per year mining and
concentrating operation with a mine life in excess of 20 years. The estimated
capital required for the project will be some ZAR1.9 billion.


AFRICAN PLATINUM PLC ENQUIRIES:
Chief Executive - Roy Pitchford
+27 (0)82 419 2581 or +44 (0)77 9390 9985
Investor & Media Relations - Kathy du Plessis
+27 (0)11 728 4701, +27 (0)83 266 5847 (Mobile) or
info@afplats.com
Website:
www.afplats.com




ellio - 04 Jan 2006 16:55 - 14 of 21

Just bringing this back to peoples attention as it might clime quickly in line with predictions for platinum this year. Note, starvest still hold a nice chunk as well, so sve may rise in line with this and their other investments. Note SVE possibly very undervalued at present possibly by as much as 50%.

ellio - 17 Feb 2006 13:41 - 15 of 21

APP looking solid for a run to 40p imo,

chart is horrible though upto 40p this time with a return to 30p is on the cards.

Andy - 17 Feb 2006 14:07 - 16 of 21

ellio,

higher highs, higher lows, looks ok chartwise, IMO.

moneyplus - 17 Feb 2006 14:30 - 17 of 21

LMI rocketing up today on bid rumours--maybe pulling up this one too.

Andy - 17 Feb 2006 15:30 - 18 of 21

moneyplus,

Yes the whole sector just jumped!

I had a purchase in mind, but will hold off for today now.

h.hairettin - 01 Mar 2006 10:54 - 19 of 21

http://www.proactiveinvestors.com/registered/articles/article.asp?APP

Theres an old saying about what investors should consider when deciding where to invest their hard earned money:
Management
Management
Management!

Investors would have been wise to follow this rule when considering African Platinum (Afplats)in 2002 when the company first listed on AIM.

moneyplus - 01 Mar 2006 12:14 - 20 of 21

considering a purchase here--but waiting for a pull back. I take it the management are good!!

ellio - 10 Apr 2006 12:10 - 21 of 21

African Platinum Plc
10 April 2006


African Platinum plc ('the company')
Ticker : APP
Index : AIM
Sector : Exploration


AFPLATS APPOINTS JPMORGAN CAZENOVE AS NOMINATED ADVISER AND BROKER


London, 10 April 2006 - The board of African Platinum plc ('the company') is
pleased to announce with immediate effect the appointment of JPMorgan Cazenove
as its Nominated Adviser. In addition, JPMorgan Cazenove will act as Sole
Broker to African Platinum for the purposes of the AIM Rules.

Commenting on the announcement, Roy Pitchford, CEO, said: 'Following the recent
release of the Leeuwkop project feasibility study and the increasingly tangible
nature of the company's operations, we have reached a stage where the board
feels that the time has come for the company to move its corporate affairs to
JPMorgan Cazenove'.

In the company's 2005 Annual Report, African Platinum stated that the company
had made an initial filing for a secondary listing on the American Stock
Exchange ('Amex'). However, following consultation with its advisers, the
company believes that for reasons of both cost/benefit analysis and flexibility,
it is no longer appropriate to continue with the application. Therefore the
company also today announces that it is withdrawing its current application for
an Amex listing. In conjunction with its advisers, the company will continue to
review possible overseas listing and related opportunities to complement the
existing London quotation.


LIVE WEBCAST: Afplats CEO Roy Pitchford is making a presentation at the
European Investor Metals and Mining Forum, London Stock Exchange today, 10 April
2006, at 14:40 UK time.

To view it, click on
http://www.investorcalendar.com/CEPage.asp?ID=103304



AFRICAN PLATINUM PLC ENQUIRIES:

Chief Executive - Roy Pitchford
+27 (0)82 419 2581 or +44 (0)77 9390 9985

Investor & Media Relations - Kathy du Plessis
+27 (0)11 728 4701, +27 (0)83 266 5847 (Mobile) or
info@afplats.com
Website:
www.afplats.com



DISCLAIMER: Investing in all equities, including natural resources-related
equities, carries risks which should be taken into consideration when making an
investment. This announcement contains forward-looking statements regarding
African Platinum plc, including the development of its mining development
projects. Actual results relating to any and all of these subjects may differ
materially from those presented.


This information is provided by RNS
The company news service from the London Stock Exchange ZM


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