Platmins worth

[#1]

Pallinghurst's most important asset is targeting themselves with 250k ounces per year - they are still a way off that - averaging 13000 ounces a quarter (target is 60000 ounces per quarter). Currently, they are burning R260m per quarter. Rand plat prices are up about 2% from the September quarter, so if Platmin was able to mine around 25000 ounces this quarter (1/3rd of target), we might actually see them break even. I think that Platmin is very close to turnaround.

[Seq3509841]

i have R3k to purchase - what would you recommend?

[#3]

a Kindle