Wesizwe’s primary business objective is to build a world-class platinum group metals (PGM) mine on the Frischgewaagd-Ledig Complex. With capital funding secured for the development of the high quality asset, the Company is well-placed to play a key role in the opportunities for consolidation around the Bushveld Complex. In addition, management is evaluating potential infrastructure synergies with the Group’s neighbours on the Complex. The realization of these synergies would significantly reduce investment expenditure, which would in turn improve the NPV of the project.
Wesizwe Platinum has sound strategies in place to take the Company’s level of black empowerment to the requisite 26% by the 2014 deadline. |