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Barry - As our Plats guru, What's up with EPS after takeout of BarPlats

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dilligaff
Super Contributor
and given its ~ R10billm market cap, what's with the low volumes, and apparent market disinterest?
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2 REPLIES 2
barry_1
Super Contributor
Have not been following the day to say workings closely as i see it as a long term partial exploration company.Having bought the older Barplats gives it a head start,although most of the better parts are already worked out.Barplats of old never really got up to speed over its life as if i remember correctly talc mixed with the platinum ores and it was a difficult process to seperate and refine.Now Eastplats have bought ajacent properties where the ore is in some instances deeper.There is no knowing if the difficult terrain continues or stops and it will have for most part be an underground mine,although there are some deposits near surface.Until such time as visible results are seen this share is unlikely to rocket.
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Dilligaff2
Frequent Contributor
Cheers! What's your view today on AMS and IMP?
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