Member Info for Shurething

Maryc is both shrewd and quick off the mark - so don't trust her!

Thanks Peterlee for that. Perhaps maryc would comment on his projections.

If maryc was here, he'll be back!

Sell price just ticked up

Predation is the most likely reason, as they aren't doing much themselves at the mo.

Tick up again this morning. Yesterday's news was good, and underpins PLAA's excellent Smokey Hills reserves.

Some companies alternatively give undertakings that they will endeavour to maintain liquidity in a particular delisted share - e.g. happened recently with Nanette, who continue on the Israeli stock exchange.

I don't know. It depends on the kindness of the company - which in turn probably depends on all sorts of legal factors that I don't think we are savvy enough to find out. Sorry. I am just taking the risk for 'fun'. Only a small punt of £1500 ish.

Depends on the small print. According to my searching they are listed in Berlin as well. If they make a commitment to migrate the shares then we could be in good profit. I did this a few months ago when Azure Dynamics (AZD) delisted from the London market but carried on in Canada. I made over ten grand from this on a small holding. It is a risk, I know, but the way the share price moves will probably indicate the prospects. I wish someone would step in with an offer!!

I am into these at 4.9 p. I think they are undervalued. This is a big company with a strong asset base.

Lots of good news then. It will be interesting to see if this news is factored in or ignored. It may account for why the price has dropped back in Aussy in the last few days! Typical 'good news' ploy!

Good company products. The improvement in market conditions and fossil fuel prices, together with the recognised need for clean air technology promotion worldwide, is boosting this sector. See also TINCI

The main reason that PLAA fell is not just due to the fall in platinum price but to other elements too, such as the massive fall in Rh price - from over $10,000 per ounce to $760 per ounce in six months last year. The fall in PLAA share price was roughly coincidental with these falls. They are however already factored into the share price.

CAN'T YOU READ? In defence of chimichanga he states that PLATINUM AUS is mostly traded on the AUSSIE STOCK EXCHANGE. So your after comments are without justification.

I first posted when PLAA was around 22p. Since then it has risen to over one pound and then fallen in the wake of the global meltdown. During that time the fundamentals of Smokey Hills have remained unchanged - decent resource, excellent grades, easy mining. They are worth their present price and much more. Recent strikes in S. Africa clobbered platinum shares, when these reached 60p. In my opinion they are worth that, and more. The total UG2 Mineral Resource estimated for the Smokey Hills Project is 5.5 Mt at a grade of 5.60 g/t 4E PGM or 5.5 Mt at a grade of 6.0 g/t 6E PGM. The Mineral Resource is not reported above a cut off grade and has been classified as Measured and Indicated Resources and reported in Table 1 using the guidelines of the JORC code (2004).

Should rise today on the back of the ASX 12.5% rise. London price is tracking the Australian price closely.

Worth a punt. They have some good licences and prospects. Any offer is likely to be in shares at roughly double the present market price.

Closing c. 2% up in Australia.

Guess it depends on how water (gas) -tight their patents are!

Yes, the main market is where there is no mains gas or electricity. We live in one of the few parts of the world with mains gas. In countries where bottled gas is the main cooking/ heating fuel this technology makes sense. In the UK I am sure our gas-fired power stations pay less for their gas than the domestic customer, so any efficiency-saving that these Bluegen units offer over conventional gas power production becomes skewed. Efficiency is only part of the picture.