1. Limited production capacity - NKWE Platinum Ltd has a relatively small production capacity compared to its peers, which limits its ability to meet growing demand for platinum and other precious metals.
2. High production costs - The company's production costs are relatively high, which reduces its profitability and competitiveness compared to other mining companies.
3. Limited geographical diversification - NKWE Platinum Ltd operates primarily in South Africa, which exposes it to political and economic risks associated with the country. This lack of geographical diversification also limits the company's growth potential.
4. Limited product diversification - The company's product portfolio is limited to platinum and other precious metals, which makes it vulnerable to fluctuations in the prices of these commodities.
5. Limited technological capabilities - NKWE Platinum Ltd lags behind its peers in terms of technological capabilities, which limits its ability to improve efficiency and reduce costs.
6. Limited financial resources - The company has limited financial resources compared to its peers, which limits its ability to invest in new projects and expand its operations.
7. Environmental and social risks - The mining industry is associated with significant environmental and social risks, and NKWE Platinum Ltd may face challenges in managing these risks effectively.
