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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aquarius Plat. | AQP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 13.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 13.50 |
| Top Posts |
|---|
Posted at 20/4/2019 13:53 by hector_p where did AQP end up? |
Posted at 11/10/2015 00:20 by neilcrom it was AQP share price recovered on takeover offer, then LMI on platinum price rising. next platinum player to recover will be JLP. may start rising next week as many haven't seen the RNS on Friday afternoon./////////// platinum price was at the bottom and now been making recovery. there are several platinum junior minors sitting on huge assets and yet being cheaply valued. AQP is one example, where Sibanye sees this as a bargain and now have taken it over. another to watch is JLP, where its sitting on huge platinum mine having potential NPV 4bn ! that is huge assets and waiting for licence which is expected this month. MCAP JLP only 30m at the moment. my fear on LMI is while its good to make the recovery from the recent sell off, LMI still need to address how for them to renegotiate the huge debt burden, platinum is making huge recovery since last week and LMI has risen hugely since. perhaps JLP turns will be next week ! especially as its got the RNS intraday on Friday and not many would have seen it. |
Posted at 06/10/2015 13:39 by neilcrom from another boardplatinum price is at the bottom at the moment, however, this price will not stay at the bottom for long.many are expecting the price will recover and hence there are several platinum junior minors sitting on huge assets and yet being cheaply valued. AQP is one example, where Sibanye sees this as a bargain and worth buying (and no burden of debt, unlike LMI). so, this should crush those punters who were falsely saying nobody will be interested to buy platinum miner due to low profitability as platinum price too low. in fact, several major players who are deep pocket will be acquiring smaller companies(like AQP, JLP) while they remain cheap. another to watch is JLP, where JLP has massive platinum assets worth around NPV $4bn and yet their mcap only 28m. perhaps all eyes are waiting for the mining licence before they put their offer. |
Posted at 05/10/2015 12:24 by ebenog a bit fro motley fool:Meanwhile, Aquarius Platinum (LSE: AQP) has bucked the recent trend among resources stocks to post a share price gain of 40% in the last month. And, while the precious metals miner is restructuring its business and selling off non-core assets, its financial performance in the last four years has been disappointing, with the company recording a pretax loss in each of the four years. However, with a pretax profit of over £11m being forecast for next year, it appears as though the market's view of the company is beginning to shift. And, while the short to medium term is likely to remain volatile for the business, with the price of precious metals having the potential to remain weak, Aquarius Platinum's longer term future appears to be bright and potentially highly profitable. |
Posted at 14/9/2015 15:47 by m_n_tomlinson AQP is hardly a junior. It's the world's 5th Largest Platinum producer.Having said that like Petropavlovsk Russia's 2nd largest gold producer, these World class producers are now cheaper than the juniors thanks to Market vandalism from the USA via the FED. Platinum is also getting so cheap, they'll be giving it away for free soon, even though there's a deficit in the stuff. Funny ol' world! |
Posted at 20/8/2015 09:25 by seagreen Investec increasing their holding and AQP remains a conviction holding of Credit Suisse etc for those who believe in the long term future of the pgm market as other high cost mines go on care and maintenance some feel there will be a queeze up on the price of Platinum..blenty of cash on the balance sheet. |
Posted at 12/8/2015 15:20 by dros1 green, not holding short/long, just looking for a reason to invest hear I lost a lot from aqp and looking to recover some |
Posted at 03/8/2015 12:06 by seagreen Slight difference here to AQP and London mining and African mineralsLondon mining is "rumoured" to have been ripped off by fraudulent logistics contracts on the ground in Sierra Leone where by there was a raft of "connected" people skimming on the barge contracts and lorry contracts via a number of service companies and making a mint so it ran out of money when it should have been making a profit Frank Timmis was "rumoured" to have been allowed to take over London mining on the cheap by the Chinese as long as he fell on his sword over African minerals Throw in Ebola and you can work it out for yourself Yet no regulatory investigation by the AIM authorities who are too busy beating up the Nomads for minor issues and scoring easy points Clearly this all may be rumours and untrue but worthy of an investigation if you speak to people on the ground it utterly stinks With regard to AQP the pressure is on the Platinum price and they have suffered from local South African mining strikes but they are cashed up so if you are patient you will be rewarded, Credit Suisse are of the view if you wish to have exposure to the Platinum sector this is one of their favourite stocks, I certainly dont believe this is one fo the "bent stocks" such as the two afroementioned or indeed Afren. Hope this helps unless of course you are short then you wont want to hear this. |
Posted at 02/7/2015 15:05 by dyfiman Hello to the platinum gang....... !!Bought in this morning after several days of research into the travails of AQP over the last few years. What convinced me, ultimately, to invest some hard-earned were four things: *the cash from the Everest sale *the possibility that a Chinese outfit may well be back soon for a poss. takeover *the possibility that AQP share price has, indeed, bottomed *and finally..... the actions of AQP directors and senior staff. On April 15th (?) seven of them bought large chunks....... ......... and yesterday nine execs bough big chunks ! ! ! Oh...and also........ with the share price at 6.7appx ....... there's a long way to go to get it even near to the heights it once was. Surely it can't fall much now so the only way is UP. And I can wait. Rgds all. END |
Posted at 12/6/2015 17:31 by m_n_tomlinson Ahh sorry about that garth.Here's a good post from LSE. I'm not on the LSE, but read it via discussthemarket.com Apologies to poster if on ADVFN, but I thought it was an excellent summary. Pretty much sums up how I feel, but could not express so eloquently myself. m3ntis 11 Jun 2015 Summary My assessment - - Platinum currently ~$1136/oz and appears to have bottomed vs production costs of $800/oz & shareprice was between 16-20p when platinum at $1213/oz (8% drop in income vs 45% drop in share price) - ZAR/USD was 10:1 when between 16-20p now ~12:1 (~20% improvement in income) - Price/ Book of .53 = a valuation of 17p a share, - Positive sale of mining assets generating 450M (ZAR) - Cash flow positive $141M (USD) (undervalued company) - price appeared to double bottomed & then found support (for now) - AQP 'appears' to still be the 5th largest platinum producer globally even though suffering a reduced last quarter (market share) - Vehicle manufacturing numbers have increased again despite reduced global growth, personal spend per capita is increasing (demand), - China recently reduced interest rates again to spur growth whilst shutting down local metal refineries due to pollution levels (demand) Zimbabwe Mimosa mine - 50% owned with Implats who, separately are refurbishing a refinement site to comply & remove the 15% local raw material tax implications - theory being Mimosa (& AQP) will be able to use this site in the future and so not have the 15% tax implication also. - 15% tax is not being applied as all Zim platinum miners had ceased raw material export (since Jan). Since the decision to suspend the tax in late May, AQP & all Zim producers will be shifting in-bulk raw material onto the market hence any drops in price may be attributed to this event. - Implats do not wish to invest in expanding Mimosa whereas AQP does (risk to expansion unless AQP goes it alone in Zim) I'd suggest AQP is a take-over target (challenge being the ~24% local ownership which triggers duplicate payment from a foreign perspective) or given the cash levels to either share buyback, wait and hold as commodities are still depressed or acquire additional licenses and diversify into other commodities. anyone have more Information on the debt or remaining bond to be paid later this yr; I understand the bond was mostly repaid thru the dilution of shares in early 2014 when the share price was around 20p.. Immediate negatives being the 1.5BILLION shares out there making over supply & share price growth difficult, Zimbabwe pushing for a 51% local ownership stake, Bond repayment later this year. Late June production report, Late July End of Financial year report.. Anything else out there to add or amend to my thoughts? |
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