Member Info for bazmanblue

Didn't there shops bring in 50 million in revenue. Doesn't seem like a small outfit to me

"Given stronger industrial metals prices, it is surprising that platinum prices have weakened as much as they have. November EU passenger vehicle registrations rebounded, rising 5.8%, having been flat in October. This has removed one concern – following October’s data, it did look as though the EU auto market may be slowing down. Growth, however, was seen in all major EU markets in November. In the first eleven months of the year, registrations were up 7.1%. Generally strong auto data seems to have been ignored in the second half of the year, with poor jewellery uptake and the gold price weighing on sentiment. Another bullish feature is that South Africa’s PGM output fell 12% in the year ending October 2016, according to Statistics South Africa. We still see platinum as underpriced at these levels. Given a depressed jewellery market, it may take a recovery here before sentiment turns brighter. A pick-up in economic activity may well bode well for jewellery demand down the road. China is the biggest consumer of platinum jewellery – a turnaround in China’s economic outlook may feed through to more spending on luxury items (in time)."

good peeps. Fingers crossed for good news. The revenue is stonking in comparison to the mc.

Looks oversold Ttreb/Bonks. GL

Was thinking the same thing

sp

Was referring to the p

Nice

And everybody ignores the American debt. Ticking time bomb

Can the plat price be sustainable though? How many mines will be unprofitable at this price. I expect a sharp bounce at some point..

Don't see the point of a dividend myself. Woupd rather see the company buy up struggling companies on the cheap

Xtr was worth more than this mc while it was producing dog turd in chepica. Funny ol game

Market cap. How much in the bank!

Can the price of plat stay this low though. The longer it's down here, the more chance you have of the big players going bust... And then the price of plat can only go one way because of supply and demand. Haven't Lonmin already started closing unprofitable mines?

I'm happily invested here and see this and kefi as two completely different investments. Risk and reward. Im looking at low twos for kefi and have a decent amount of research to warrant a long term hold.

I'm thinking of buying kefi soon. Hopefully his loss and my gain.

Agree wuffle

I've added some more on this dip. Seems like a no brainer. I do believe everybody should watch that film. A real eye opener on capitalism.

*You're

Bonker, your the Michael Burry of these boards :)