Platina Resources Reports Negotiations Continuing With Potential Offtake Partner

Scandium Investing

Platina Resources (ASX:PGM) reported recently that it is continuing off-take negotiations with Inner Mongolia Honfine Zirconium Industry and Hunan Oriental Scandium. Offtake negotiations were extended to September 30 2015.

Platina Resources (ASX:PGM) reported recently that it is continuing off-take negotiations with Inner Mongolia Honfine Zirconium Industry and Hunan Oriental Scandium. Offtake negotiations were extended to September 30 2015.
As quoted in the press release:

Platina Resources anticipates that a final investment decision will be made by all parties in late October this year. Any investment by the potential investor will be subject to the Australian Foreign Investment Review Board and other requisite international Governmental approvals.
Whilst discussions are ongoing, and no binding agreement has been reached, the Company considers it is appropriated to release this announcement with a view to updating the market and in order to provide full disclosure of its technical and corporate activities to its shareholders and the general public ahead of the expiry of the listed series of Options on 30 September 2015.

Click here for the full press release.

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