Mining Weekly reported Platfields (JSE:PLL) said its share price decline was undermining its fund-raising strategy.
Mining Weekly.com reports that share prices for Platfields dropped by more than half, as it made its' debut on the JSE.
South African precious metals exploration and mining firm Platfields announced that the company still plans to list in Johannesburg, despite missing its initial target of last October partly due to the global crisis. Chief Executive Officer Bongani Mbindwane, said: We believe it would have been foolhardy to have pressed ahead with a listing at the [...]
Monday, November 28, 2011