Member Info for viable

Https://www.miningmx.com/top-story/61746-sa-platinum-miners-start-to-catch-up-lost-production/

Deficits to continue

Https://www.environment.co.za/mining/the-toxic-august-winds-mine-dumps-tailings-dust-photos.html

Pix give a clear indication of the scale of accessible dumps in Krugersdorp. Dust at this time of year before the rains is a huge problem.

Having engaged my brain and recollecting fair knowledge of Krugersdorp, Kagiso and Soweto I can assert

a) MTR alone will recover capital expenditure in 15 months if Au continues @ $3,300/oz, i.e. half the estimated time when gold was priced @ $2,200

b) the general area which has been a dusty and AMD environmental mess since the '60s is being transformed

c) at least five more dumps at Soweto can be exploited when necessary

c) acquiring the dumps and slikdamme for less than a $ per ounce has been a masterstroke

d) there seem to be 10 flotation tanks now operating

Not quite as clued up on Barberton, Evander, etc but will steadily add to holding. 259k ozs is not far off.

. . . need to get a finger out. The known grades need a very good kicking/uplift. Have re-examined Alphamin's reports in depth and scrutinised some current Chilean exploration results. We are trailing at the moment, not helped by Canadian pipeline logistics.

Satisfied? Yes, I tend to agree. Drift along without rocking the boat . . . don't upset the PSU model, steady buyback arrangement, share consolidation, etc .. . meander with #131 programme if necessary . . . prevaricate with #107 . . . ponder the snakepit @ #8, #64, #192 etc.

Patient, but looking for new prospects' diversification. Maybe a revisit to BOR, RKH . . .

Observation - Tailings' plays fall into an uncertain category, but they should be given attention, especially if operators are consistently profitable. And when Au together with PGMs continue to trend upward a percentage is worth including in a p/f. The PWV complex is familiar territory but I need to brush up on the Oz story.

Being a relatively new entrant it is apparent that bid / offer are massaged all day. The story, however is generally upward. It is merely a question of time before an event creates a surge. One factor, if pundits are right, is a steady direction to Au $5,000/oz . . . I am a bit sceptical.

Having re-examined the last presentation a flatlining SP remains something of a puzzle. Margins on the PGM basket are likely to increase and, at worst, will remain firm. Also another deal in Mpumalanga is getting closer.

Notably volumes on the JSE are good. PAF may do better, i.e. @@ an accelerated rate, than first calculated, aided by the arbitrage. Best to wait and see, of course.

Https://discoveryalert.com.au/news/gold-investment-surge-2025-market-trends-institutional-interest/

Following SHG and CEY imbroglios I withdrew from gold investment but returned into MTL (and another) two months ago. Thanks for useful input on the bb.

Https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

. . . recovery to daily 20k daily production

. . . although totally ignorant on oilfield application my extensive use of HD submersible UK, Italian and other pumps never found a model that survived continuous daily use for more than 3 years: they were all irreparable by that time and had to be replaced. More information from Manolo would be useful.

@ 15:46 - Time to heavily revise all calcs following Friday pm market panic.

Https://www.tradingview.com/chart/?symbol=NYMEX%3APL1%21

Nymex now quoting $1476

Https://www.metalsdaily.com/charts/platinum/

Remarkable surge pm today on both. Hope it gives our BoD a good feeling. Full steam ahead in Zim.

. . . long time since I was at Evander, Barberton or the Bushveld complex and Limpopo / Mpumalanga generally. And I know nothing about the Oz acquisition. That said, I recommend PIs watch the Au price together with the PGMs. Check the following link and its constituent parts all day:

https://www.metalsdaily.com/charts/gold/

Biltong Cobus knows his subject.

PAF margins together with buyback exercise could be spectacular. Don't be deterred over tailings' uncertainties

I note the locals have trashed Station #5 which eliminates any hope of resumed ops for another 6 months. Still mystified on how our ~1m barrels are to be disbursed at/by Talara.

Https://www.miningweekly.com/article/south-africas-platinum-metals-chinas-green-revolution-merging-strongly-in-shanghai-2025-07-09

Phoevos was present. Article mostly contained Valterra slant.

Https://www.moneyweb.co.za/news/economy/where-trumps-tariffs-will-hurt-most/#:~:text=US%20President%20Donald%20Trump%E2%80%99s%2030%25%20tariff%20of%20exports,chrome%20and%20coal%20%E2%80%93%20will%20attract%200%25%20tariffs.

. . . am pressing ahead with further investment on a selection of secure SA producers . . . would also like to discover THS's Au ozs.

Https://uk.investing.com/news/company-news/drachs-investments-no3-limited-increases-stake-in-metals-exploration-93CH-4162809

. . . seemingly unrelenting. Have now added twice. The Nic venture of ~5m ozs looks convincing. Have nonetheless returned to my old Barberton hunting ground to spread some of the risk into PAF.

Broom, I ducked HFEL for the present. Interestingly have been busy with two of your candidates - HEX and MTL for a few weeks. Also, having once been a bloke from the bush, I took up some PAF today.

. . . have been examining HFEL in depth for some time including the last youtube promotion which had merit. However, there is always something overlooked. It's never too late to learn and take another p.o.v on board. Judgement suspended for the present but I'll be watching he company's progress for the next few months.