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The Junior Indaba

7 & 8th June 2017JSE: WEZ

Disclaimer

Opinions expressed herein are by nature subjective to known and unknown risks and uncertainties.

Changing information or circumstances may cause the actual results, plans and objectives of

Wesizwe Platinum Limited (the “Company”) to differ materially from those expressed or implied in

the forward looking statements.

Financial forecasts and data given herein are estimates based on the reports prepared by experts

who in turn relied on management estimates and therefore the information herein is not warranted.

Undue reliance should not be placed on such opinions, forecasts or data.

No representation is made as to the completeness or correctness of the opinions, forecasts or data

contained herein.

Neither the Company, nor any of its affiliates, advisors or representatives accepts any responsibility

for any loss arising from the use of any opinion expressed or forecast or data herein.

Forward-looking statements apply only as of the date on which they are made and the Company

does not undertake any obligation to publicly update or revise any of its opinions or forward looking

statements whether to reflect new data or future events or circumstances.

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• The current global economic slowdown affects demands of

metals and investment appetite in mining projects.

• Depressed demand and low prices have seen resources

companies losing up to 70% of the NAV.)( Making it difficult to raise capital for

new projects and normal working).

• The developing economies currency cyclicity and weakening is

adding to the downward pressures and scarcity of mining

investment-SFA

Introduction -Situation

Systematic view of the situation

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Mining

Industry

Global Economy

Dynamics

Stakeholder

execpectations

Regulatory

reforms

Job cuts & socio

econmic challenges

Rising Inpout

Costs

Organisational

resilience +

+

Low metal prices

Weak currency

Low

Productivity

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PGM ProjectsOnly 50% of PGM’s project reserves commissioned since 2007.

• Today project advancement is fairly diverse geographically:

– South Africa>= 48% of project reserves,

– North America>= 23%

– Russia>=30%.

• Overall, global projects require $14.3 billion in capital

expenditure to bring 185 moz of PGM reserves into

production before 2030.

• South African projects account for $6.3 billion, to commission

production from up to 60 moz of reserves.

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Real Option Analysis

Definition: the capacity of individuals or entities to learn from

what is happening around them and their willingness and the

ability to modify behavior based upon that learning.

Event

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Wesizwe Business

Reposition

Review and OptimiseHuman Resource Structure

and Budgets

Review BPM ProjectBusiness case

Investigate operaionsmodel looking to contract

mining etc.

Review the housingmodel & Budgets for

social projects

Real OptionAnalysis

Market & IndustryResearch

ManageStrakeholderexpectations

AccelerateProject

Revise PtojectSchedule

Review Optionevery 12 months

Review supply chainmethodology focus on global

procurement and pricecompetitiveness

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Project Defferral Options

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WESIZWE BPM PROJECT

Wez Story- Business Development

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Company Founded-2003

(Venture capitalists)

Exploration Permits & initial

evaluations 2004

Equity Funding JSE 2005

Full Exploration & BFS 2004-

2008

Mining Licence & Permits 2009

Project Development Launch 2011

Shaft Sinking commences

2012

Two shafts reach bottom

2015

Phase 1 Main Shaft

Commissioning

2017

Appoint Flat development

contractor 2017

Process Plant Commission

2019

Steady State Production

2021

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A Company Profile

Wesizwe Platinum is a public

company incorporated in the

Republic of South Africa.

Its shares are listed on the

Johannesburg Stock Exchange

(JSE).

Its intention is to participate in

platinum group metals (PGM) mining

in South Africa.

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Bakubung Platinum Mine

(BPM)

Bakubung Platinum Mine is the

development of a new

underground mine to access

one of the last remaining

sizeable and viable Merensky

and UG2 PGM ore bodies.

The BPM site is located on the

Western Limb of the Bushveld

Complex, close to the town of

Rustenburg in the North West

Province of South Africa.

The project is being developed

through the Group’s wholly

owned subsidiary, Bakubung

Minerals (Pty) Limited

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Investment Highlights

New mine development

Wesizwe’s Bakubung

Platinum Mine will access

one of the last remaining

sizeable and viable

Merensky and UG2 PGM

ore bodies.

At steady state

production, the mine will

produce 420,000koz 4E

per year of Platinum

Group Metals.

Main commissioning of

the mine is scheduled for

2017, with full production

in 2021.

Sound financial backing

Wesizwe Platinum

secured a US$650 million

funding facility from the

China Development Bank

(CDB).

The first drawdown from

this facility in the amount

of US$100 million was

made on 6 January 2014.

Based on current project

projections, this funding

facility will cover all

funding requirements until

shafts are commissioned.

Premium Resource Base

1. The Bakubung

Platinum Mine has a

highly favorable 4E Prill

split –

•Platinum 62.4%

•Palladium 28%

•Rhodium 7.4%

•Gold 2.2%

(combined reefs, LOM)

2.Premium Merensky

Reef resource 7 moz 4E

average grade 6.25 g/t

(4E) and 6.03 moz (4E)

UG2 Resource at 4.52 g/t

3.Reef horizon at around

800m-900m.

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BPM Production Profile

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Resources and Reserves for BPMThe in situ 4E (Pt, Pd, Rh, Au) metal content of the Merensky Reef (MR) is 7.010Moz from 36.033Mt averaging

6.05g/t. Similarly, the UG2 contains 6.250Moz of 4E from 42.972Mt at an average grade of 4.52g/t.

This brings the total 4E resource, including Inferred Resource, of BPM to 70.005Mt grading at 5.22g/t and yielding

13.260Moz.

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BPM– Key Development Phases

2013 Headgears 2013 Winding Plant Sinking 2013

2014 Shaft Sinking 2015 77L Flat development 2016 Flat development

Benchmarking - OPEX ( Owner Mining)

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Wesizwe BPM Vista

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BPM– Power and Water SupplyPower

Phase 2a :132/33kV 40 MVA transformer No. 1 is

commissioned and currently used.

Phase 2b :132/33kV 40MVA transformer No.2 is

delivered and installed.

Bakubung Supply will be on full 80 MVA of 132kV

supply from Ngwedi Substation by June 2017.

Water

• The BPM S-scheme supply 8.4km and 50 ML

Reservoir is completed.

• Full water supply 13Ml fresh feed per day

commissioned in December 2016

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Social Capital 2016

Wesizwe Platinum Limited

Physical Address: Wesizwe House, Devcon Park, 9 Autumn Road, Rivonia Ext 3, 2128, South

Africa

Tel: +27 11 994 4600

Fax: +27 11 994 4601

Website: www.wesizwe.com