Tipped in this week's Investors Chronicle. Hence the tick up.
14 Apr '15
Just hanging in here for the div.
9 Mar '15
Studio interview on Proactive
28 Feb '15
not had a proper look at rns yet , will do over the weekend . here's two interesting links to ponder over , http://kingworldnews.com/terrifying-interview-2015/ , https://www.youtube.com/watch?v=IS-90W7v7LA . atb
27 Feb '15
RE: Not as bad
Spot on Affe. The tide is turning and the SA journalists are finally putting Holding & Loots on the spot with questions that should have been asked a year ago. Cobus Loots will no longer say that they have delivered for shareholders. It was all very sneaky as the RNS was released early and dial in details vague. It took a call to PAF who then gave out a wrong time for the call. We tried to get some questions in at the end but were cut off. The low grade cycle has been longer and deeper than the board stated. A raft of non achievers are leaving. Non-execs, deputy Chairwoman, and Holding is retiring. Loots is too young. Bristow at Randgold is a tough talker, unlike our lot. These one off incidents are worrying. Whatever happened to the mitigating work at Evander to keep ounces up. The retreatment plants are positive and have saved the sp from falling more. Behind all this fiasco is a country risk like South Africa. A country that is going backwards. They bought Evander too early and could have got it for a steal had they waited. Still unclear why they bought it going into a low grade cycle. Where were PAF at the BMO in Florida? Tgey need to look for opportunities outside of SA where unions and govt are not able to ruin businesses.
27 Feb '15
RE: Not as bad
Cash costs seem to be running away with them though. I know that Evander cycle is lower grade, as expected, but that doesn't excuse a rise of over 40% cash costs, nor 20% for Barberton. We need them to up their game on this stuff.
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