Aquarius Platinum Share Discussion Threads

[temmujin] 04/3/2015 16:26

well i bought again because AQP went into auction a few mins ago...seems to work for me...abit oversold now

[dros1] 04/3/2015 13:29

yes build a refinery than take your 51% share...

[dros1] 02/3/2015 09:56

I am out a will buy Platinum not platinum producers

[librag] 26/2/2015 11:43

Platinum is needed for fuel cells and it's the combination of hydrogen storage with electric motors which is IMO the way forward. There's pros and cons and it's complicated but basically long term platinum prices should do well. The major risks are
1. fuel cell technology fails. Unlikely but remember betamax.
2. battery storage power density improves massively. Maybe.
3. another role for platinum catalysis fails to materialise. Maybe/maybe not.

Fuel cells are a good fit for energy storage and portability for many manufacturing and transport needs.

Worth buying carefully, I think.

[temmujin] 25/2/2015 21:36

yes i think you are all probably right having thought about it...with the electric car revolution imminent i think i'm right to believe that no platinum will be used in their manufacture...and i dont think fuel cell cars will take off so that means the demand for platinum will shrink steeply...unless i missed something for the use of platinum that might give it a lift?

[salpara111] 25/2/2015 17:08

I have tracked this one for over 2 years but have never seen a reason to invest.
For me the really telling thing was the fact that a 5 month strike by most of the Platinum miners didnt do anything to push the metal price up.
I don't think that AQP have done anything wrong but they simply can't control all the factors listed in the above post which will slowly kill them.

[dros1] 25/2/2015 11:52

my list of bear case for aqp

1. low platinum price
2. difficult labour relation (new amcu recognition)
3. Mimosa export tax of 15%
4.Kroondell ends life at 2018
5.power shortage in SA
I am still holding a bit but its look all bad 4 me cant find a reason to hold

[dros1] 17/2/2015 09:40

temmujin, what can AQP offer for the chines ? Kroondell has only another 3 years of life, Mimosa is in a mess with the export taxes and soon the zim government will take way 51% of Mimosa.

[temmujin] 11/2/2015 21:59

hxxp://www.moneyweb.co.za/moneyweb-south-africa/chinas-quiet-sa-investment

chinese will come to the rescue...trust me

[cammy3] 10/2/2015 18:45

We will see. Interim results are tomorrow

[dros1] 10/2/2015 09:48

this is called a "fire sale", Everest for $40 mil what a bargin. AQP need the money for a bond payment due Dec this year of $125m.

[temmujin] 10/2/2015 08:14

kerching....should start moving north after this mine sale

[dros1] 09/2/2015 10:48

the Zim wants AQP to build a refinery that they will take way 51%

[dros1] 07/2/2015 21:19

ask Mugabe the dog

[temmujin] 06/2/2015 17:55

where's the bottom? be friggin zero at this rate

[temmujin] 28/1/2015 20:48

yes surprised it didnt go up a little bit but i guess every commodity stock getting hammered lately so mustnt grumble

[cumnor] 28/1/2015 09:07

Quite respectable, given everything.

[r88ave] 23/1/2015 11:46

Looking at the last interims the company a loss of £287m in 2013 and loss of £13m 2014 Does anyone think that the interims due in feb will actually have profits of around £100m ?

[dros1] 14/1/2015 09:51

Credit Suisse Picks Gems In Mining Sector

Aquarius Platinum's

cash flow and growth potential, plus its relatively low valuation may make it attractive to those favoring the company's namesake metal, the analysts said.


hxxp://www.benzinga.com/analyst-ratings/analyst-color/15/01/5143576/credit-suisse-picks-gems-in-mining-sector

[dros1] 09/1/2015 11:11

hxxp://mg.co.za/article/2015-01-08-new-minister-may-thwart-zimplats-indigenisation-deal

[dros1] 23/12/2014 11:15

FT
That would suggest Amplats’ high-profile Rustenburg operations are less likely to appeal to Northam. But Aquarius’s Everest mine, which is mechanised and lies close to Booysendal in the eastern limb of the Bushveld Complex — the world’s richest resource of platinum — would appear a suitable fit.
“This area is a good mining area, and it’s an area where we can apply mechanised mining in a shallow ore base . . . there are opportunities for consolidation,” Mr Dunne says. “Amplats is certainly the most high-profile and potential asset sales, but there certainly are others that are available.”

[temmujin] 09/12/2014 16:32

platinum now $1250 and rising

[dros1] 08/12/2014 13:26

Indigenisation Law - Zanu-PF Admits Flaws