JOHANNESBURG (miningweekly.com) – There are still no indications of when JSE- and TSX-listed Atlatsa Resources will be able to file its interim financial results, after having missed the System for Electronic Document Analysis and Retrieval and Electronic Data Gathering, Analysis and Retrieval filings deadline a month ago.
In an update to the market on Friday, the platinum miner said it was still not in a position yet to publish its financial statements for the six months to June, which had been was due before August 14.
As part of an August 17 agreement with the British Columbia Securities Commission for the issue of a management cease trade order in lieu of an issuer cease trade order, the embattled group was required to issue bi-weekly default status reports as long as its filings remained outstanding.
Atlatsa reiterated that there were several uncertainties surrounding its operations, its financial condition and the state of commodity markets and there were no assurances that the issues would be resolved.
Discussions with platinum major Anglo American Platinum over the future sustainability of the Bokoni mine, in Polokwane, as well as potential alternative financial support, continued.