Announcement • Mar 27
Wesizwe Platinum Limited to Report First Half, 2025 Results on Mar 31, 2026 Wesizwe Platinum Limited announced that they will report first half, 2025 results on Mar 31, 2026 Announcement • Dec 10
Wesizwe Platinum Limited to Report Fiscal Year 2025 Results on Apr 30, 2026 Wesizwe Platinum Limited announced that they will report fiscal year 2025 results at 4:50 PM, South Africa Standard Time on Apr 30, 2026 Announcement • Nov 05
Wesizwe Platinum Limited to Report First Half, 2025 Results on Jan 31, 2026 Wesizwe Platinum Limited announced that they will report first half, 2025 results on Jan 31, 2026 Announcement • Oct 03
Wesizwe Platinum Limited, Annual General Meeting, Oct 30, 2025 Wesizwe Platinum Limited, Annual General Meeting, Oct 30, 2025. Announcement • Sep 26
Wesizwe Platinum Limited to Report Fiscal Year 2024 Results on Sep 30, 2025 Wesizwe Platinum Limited announced that they will report fiscal year 2024 results at 4:50 PM, South Africa Standard Time on Sep 30, 2025 New Risk • May 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (R651.1m market cap, or US$35.1m). Announcement • Feb 10
Wesizwe Platinum Limited Announces Resignation of Yu Bai as Non-Executive Director Wesizwe Platinum Limited announced that Mr. Yu Bai has resigned as an alternate non-executive director of the Company with effect from 10 February 2025. The Board would like to extend its appreciation to Mr. Yu Bai for his commitment and service to the Company over the years. New Risk • Dec 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R716.2m market cap, or US$39.7m). New Risk • Oct 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (R813.9m market cap, or US$46.8m). Announcement • Sep 20
Wesizwe Platinum Limited to Report First Half, 2024 Results on Sep 27, 2024 Wesizwe Platinum Limited announced that they will report first half, 2024 results on Sep 27, 2024 Announcement • Aug 27
Wesizwe Platinum Limited Announces Resignation of Yongxiang Huang as Non-Executive Director Wesizwe Platinum Limited announced that Mr. Yongxiang Huang has resigned as a non-executive director of the Company with effect from 26 August 2024. New Risk • May 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R2.6b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R1.20b market cap, or US$65.9m). Announcement • May 02
Wesizwe Platinum Limited, Annual General Meeting, May 31, 2024 Wesizwe Platinum Limited, Annual General Meeting, May 31, 2024, at 09:00 South Africa Standard Time. Announcement • Mar 26
Wesizwe Platinum Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Wesizwe Platinum Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Board Change • Mar 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Victor Mabuza was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 07
Wesizwe Platinum Limited Appoints Yongxiang Huang as Non-Executive Director The board of directors of Wesizwe Platinum Limited advised that Mr. Yongxiang Huang ("Mr Huang") has been appointed as a non-executive director of Wesizwe with effect from 7 March 2024. Mr. Huang holds a Bachelor's Degree in Mining as well as a Master of Engineering (Environmental Engineering). Mr. Huang has 21-years of experience in the mining sector and is a member of The Southern African Institute of Mining and Metallurgy (SAIMM). The Board is satisfied that Mr. Huang has the necessary skills and qualifications to serve as a non-executive director of Wesizwe. Price Target Changed • Feb 09
Price target decreased by 14% to R0.60 Down from R0.70, the current price target is provided by 1 analyst. New target price is 13% above last closing price of R0.53. Stock is down 52% over the past year. The company posted a net loss per share of R0.082 last year. Recent Insider Transactions • Nov 22
Independent Non-Executive Director recently sold R208k worth of stock On the 15th of November, Lincoln Ngculu sold around 322k shares on-market at roughly R0.65 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth R1.7m. Insiders have been net sellers, collectively disposing of R2.2m more than they bought in the last 12 months. Announcement • Sep 29
Wesizwe Platinum Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 Wesizwe Platinum Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the company will report a loss per share of between 59.22 cents and 60.04 cents, representing an increase in loss per share of between 55.13 cents and 55.95 cents compared to the loss per share of 4.09 cents reported for the previous comparable period, being the six months ended 30 June 2022; and a headline loss per share of between 59.22 cents and 60.04 cents, representing an increase in headline loss per share of between 55.13 cents and 55.95 cents compared to the headline loss per share of 4.09 cents reported for the previous comparable period, being the six months ended 30 June 2022. Announcement • Aug 23
Wesizwe Platinum Limited Announces Resumption of Operations At Bakubung Platinum Mine Wesizwe Platinum Limited announced that Bakubung Platinum Mine (BPM) has successfully re-opened its operations. This significant development follows the signing of a crucial peace agreement that marked the end of a prolonged period of labour relations negotiations. As of August 21, 2023, the mine resumed its activities. Going forward, all matters of this nature will be handled in terms of a collective agreement to be signed between the Employer and the Employee Representatives within 30 days of ending the strike. Announcement • Jul 25
Wesizwe Platinum Limited Announces Temporary Closure of Bakubung Platinum Mine Due to Unprotected Strike Wesizwe Platinum Limited advised that Bakubung Platinum Mine has temporarily closed on 20 July 2023 and will remain closed until further notice due to safety concerns caused by the ongoing unprotected strike. Announcement • Jul 07
Wesizwe Platinum Limited Announces the Resignation of Sun Pingan as Non-Executive Director Wesizwe Platinum Limited announced that Mr. Sun Pingan has resigned as a non-executive director of the company with effect from 5 July 2023. Announcement • Jun 03
Wesizwe Platinum Limited Provides Bakubung Platinum Mine Processing Plant Progress Update Wesizwe Platinum Limited announced that hot commissioning of the Bakubung Platinum Mine ("BPM") processing plant ("BPM Processing Plant") would commence on 31 May 2023. Due to faults in the ring gear of the ball mill and the feeding mixing tanks of the tailing filter press, the hot commissioning process could not ensue on the aforementioned date. The Company hereby advises shareholders that the hot commissioning of the BPM Processing Plant will now commence on 5 June 2023, and that production at the BPM is expected to commence as soon as possible after the commissioning process of the BPM Processing Plant has been completed. The Company will update shareholders and investors on the progress at the BPM, and further announcements will be made in this regard, as and when appropriate. Board Change • Jan 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Victor Mabuza was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Victor Mabuza was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Victor Mabuza was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 10
Wesizwe Platinum Limited Provides Earnings Guidance for the Financial Year Ended 31 December, 2021 Wesizwe Platinum Limited's board of directors advised shareholders that the Company expects to report basic loss per share attributable to ordinary shareholders for the financial year ended 31 December 2021 of between 1.19 cents and 1.83 cents per share, being between 137% and 157% lower, compared to basic earnings per share of 3.18 cents per share for the previous comparable period, being the financial year ended 31 December 2020. Announcement • Feb 09
Wesizwe Platinum Limited Announces Temporary Closure of Bakubung Platinum Mine Wesizwe Platinum Limited announced that the Ledig Community Members has on January 26, 2022, embarked on a march towards Bakubung Platinum Mine of Wesizwe Platinum Limited. The marchers blocked the mine entrance and through the Kgosi delivered a Memorandum of Demand to the mine. For the safety of employees and mine property, the construction of the mine was suspended. Bakubung Platinum Mine is currently in a critical stage of project construction. The construction of the mining and concentrate processing system has not yet been completed and the schedule of the construction is tight with high targets. The forced closure seriously affects the progress of the project, causing Wesizwe Platinum Company to suffer huge economic losses, and this has a serious impact on the employment of local community members, construction contractors and subcontractors. After the community march, the Company urgently engaged with the Ledig community, through its leadership, to find a solution regarding the community's demands in order to resume with the construction of the project. Formal negotiations were held with the community on 27 January 2022 and an agreement was signed off by the Kgosi and the CEO. On the 31 January 2022, further demands were made against the mine. On the 4 February 2022, a meeting was held between management and community leaders. As it stands now, the Bakubung Platinum Mine is temporarily closed. A court order interdict was obtained on 31 January 2022. Unfortunately intimidation of the work force continues and damage to mine property experienced with little assistance from the South African Policy Services. Management are working tirelessly to ensure a safe start- up of Bakubung Platinum Mine as soon as possible. Price Target Changed • Nov 08
Price target decreased to R0.60 Down from R0.70, the current price target is provided by 1 analyst. New target price is 50% below last closing price of R1.21. Stock is up 181% over the past year. The company posted earnings per share of R0.032 last year. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 174% share price gain to R1.97, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 5x in the Metals and Mining industry in South Africa. Total returns to shareholders of 369% over the past three years. Executive Departure • Oct 07
Company Secretary Vasta Mhlongo has left the company On the 30th of September, Vasta Mhlongo's tenure as Company Secretary ended after 8.7 years in the role. We don't have any record of a personal shareholding under Vasta's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.54 years. Is New 90 Day High Low • Dec 30
New 90-day high: R0.50 The company is up 22% from its price of R0.41 on 01 October 2020. The South African market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: R0.49 The company is up 17% from its price of R0.42 on 11 September 2020. The South African market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 12% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: R0.46 The company is up 15% from its price of R0.40 on 21 August 2020. The South African market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 10.0% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: R0.45 The company is up 22% from its price of R0.37 on 10 July 2020. The South African market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.