Aquarius Platinum Share Discussion Threads

[seagreen] 14/8/2015 10:31

dros sorry to hear...its pretty dificult out there

[davidlloyd] 14/8/2015 09:56

Interesting price action this morning....

DL

[dros1] 12/8/2015 15:20

green, not holding short/long, just looking for a reason to invest hear I lost a lot from aqp and looking to recover some

[seagreen] 12/8/2015 13:48

Ergo the price of Palatinum should gradually rise on a supply and demand basis and then the increase will shoot through to the bottom line?

Platinum market to remain in deficit in 2016/17 amid lower capex

OHANNESBURG (miningweekly.com) – The reduction in capital expenditure (capex) by South Africa’s platinum producers will limit output of the precious metal by as much as 16% in 2016 and 2017, compared with 2015 levels, a World Platinum Investment Council- (WPIC-) commissioned report, compiled by Venmyn Deloitte, projects. The study, which tracked capital investment by producers over a 20-year period, estimated a decline in platinum output of more than 600 00 oz/y in 2016, owing to reduced capex. “Such a fall will support ongoing deficits in the platinum supply-demand balance, even without growth in platinum demand,” the report stated. It further outlined that platinum production from South Africa had declined by over 500 000 oz/y, or 11%, from 2008 to 2013. Over the same five-year period, capital investment in the South African platinum mining sector had declined by more than 40%, from R30-billion a year to R17-billion. Capital investment in 2014 was R13-billion, while published capital investment estimates for this year stood at R11-billion. “We believe the decline in refined platinum production from South Africa associated with reduced capex will continue. This is in contrast to some surprising assertions in the market that South African platinum output is likely to rise over the next two years.

[seagreen] 12/8/2015 13:44

dros1 I thought you said you were out...sounds suspiciously like you are short

[dros1] 12/8/2015 12:47

AQP if you are looking after your shareholders just sell your asset and return cash to shareholder. no point in burning cash year in year out

[dros1] 12/8/2015 12:44

they keep bosting the $200 cash they have but come DEC $125 of them is gone plus in the current PGM price they are paying the market to take thre metal.
Kroondell has another 3 years to run and what is AQP left with Mimosa which we have a 50% share but might end up one day with 25%

[seagreen] 12/8/2015 10:00

No real surprise since Platinum has nearly halved in price...
If many more mines close/go on C&M the price will rise....
Amazing they have sold Everest for peanuts aka Platinum Australia
At least we are cashed up

[nash81] 12/8/2015 08:31

AQP delivered terrible results today showing the immense pressure large cap PGM producers are under.
Makes you wonder why they haven't made an approach to JLP it could turn them around.

cost of production for JLP tailing only around $400 per oz

[dros1] 10/8/2015 17:54

old news as I posted over a month ago, we need plat much higher to move hear

[temmujin] 10/8/2015 09:01

very wide spread now..something brewing

[m_n_tomlinson] 03/8/2015 16:31

No not short. Cheers, very insightful post thanks.

[seagreen] 03/8/2015 12:06

Slight difference here to AQP and London mining and African minerals

London 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.

[m_n_tomlinson] 30/7/2015 16:19

If the medical practice behaved like Brokers, people would be dropping dead like flies through misadventure.

Are they accountable for nothing? Are they are suppose to be experts? Even your local bookie is constantly right.

[m_n_tomlinson] 30/7/2015 16:09

What I really don't understand is that in the last year not one broker has recommended a sell, yet the share price has crashed! Just what is the point of these broker recommendations? What exactly do they get paid for? Are they deliberately putting out misinformation?


9 Jul 15 Deutsche Bank Buy 6.25 - - Retains
29 Jul 15 Barclays Capital Overweight 6.25 21.00 21.00 Retains
13 Jul 15 Citigroup Neutral 6.25 11.00 7.00 Reiterates
03 Jul 15 Deutsche Bank Buy 6.25 - - Retains
30 Jun 15 Deutsche Bank Buy 6.25 24.00 20.00 Retains
18 Jun 15 Barclays Capital Overweight 6.25 21.00 21.00 Retains
18 May 15 Deutsche Bank Buy 6.25 - - Retains
15 May 15 Liberum Capital Hold 6.25 20.00 20.00 Reiterates
11 May 15 Credit Suisse Outperform 6.25 40.00 40.00 Reiterates
06 May 15 RBC Capital Markets Sector Performer 6.25 20.00 10.00 Downgrades
28 Apr 15 Panmure Gordon Hold 6.25 18.00 18.00 Reiterates
28 Apr 15 Liberum Capital Hold 6.25 - - Reiterates
15 Apr 15 Credit Suisse Outperform 6.25 40.00 40.00 Reiterates
13 Apr 15 Citigroup Neutral 6.25 15.00 11.00 Reiterates
31 Mar 15 Deutsche Bank Buy 6.25 - 24.00 Retains
19 Mar 15 Citigroup Neutral 6.25 15.00 15.00 Reiterates
10 Mar 15 Barclays Capital Overweight 6.25 21.00 21.00 Retains
03 Mar 15 Credit Suisse Outperform 6.25 - 40.00 Reiterates
13 Feb 15 Deutsche Bank Buy 6.25 31.00 29.00 Retains
12 Feb 15 Citigroup Neutral 6.25 17.00 15.00 Reiterates
11 Feb 15 Deutsche Bank Buy 6.25 31.00 31.00 Reiterates
10 Feb 15 Liberum Capital Hold 6.25 20.00 20.00 Reiterates
10 Feb 15 Cantor Fitzgerald Hold 6.25 - - Retains
06 Feb 15 JP Morgan Cazenove Overweight 6.25 29.00 20.00 Reiterates
30 Jan 15 Liberum Capital Hold 6.25 20.00 20.00 Reiterates
29 Jan 15 Deutsche Bank Buy 6.25 30.00 31.00 Reiterates
28 Jan 15 Credit Suisse Outperform 6.25 50.00 50.00 Reiterates
16 Jan 15 Panmure Gordon Hold 6.25 24.00 20.00 Reiterates
13 Jan 15 Credit Suisse Outperform 6.25 50.00 50.00 Reiterates
12 Jan 15 Deutsche Bank Buy 6.25 - - Reiterates
06 Jan 15 Deutsche Bank Buy 6.25 - - Reiterates
17 Dec 14 Deutsche Bank Buy 6.25 30.00 30.00 Reiterates
04 Dec 14 Credit Suisse Outperform 6.25 50.00 50.00 Reiterates
01 Dec 14 Citigroup Neutral 6.25 22.00 17.00 Reiterates
12 Nov 14 Citigroup Neutral 6.25 22.00 22.00 Reiterates
31 Oct 14 Deutsche Bank Buy 6.25 30.00 30.00 Reiterates
27 Oct 14 Deutsche Bank Buy 6.25 28.00 30.00 Reiterates
24 Oct 14 Credit Suisse Outperform 6.25 50.00 50.00 Reiterates
15 Oct 14 Liberum Capital Hold 6.25 - 20.00 Reiterates
15 Oct 14 Panmure Gordon Hold 6.25 25.00 24.00 Reiterates
15 Oct 14 Citigroup Neutral 6.25 22.00 22.00 Reiterates
07 Oct 14 Deutsche Bank Buy 6.25 - - Reiterates
30 Sep 14 Deutsche Bank Buy 6.25 30.00 28.00 Reiterates
25 Sep 14 Credit Suisse Outperform 6.25 50.00 50.00 Reiterates
25 Sep 14 Citigroup Neutral 6.25 26.00 22.00 Reiterates
16 Sep 14 Credit Suisse Outperform 6.25 - 50.00 Initiates/Starts
04 Sep 14 Panmure Gordon Hold 6.25 25.00 25.00 Reiterates
03 Sep 14 Deutsche Bank Buy 6.25 30.00 30.00 Reiterates
12 Aug 14 Citigroup Neutral 6.25 22.00 26.00 Reiterates
08 Aug 14 Deutsche Bank Buy 6.25 26.00 30.00 Reiterates

[m_n_tomlinson] 30/7/2015 15:59

hxxp://www.bdlive.co.za/business/mining/2015/07/29/aquarius-to-review-all-its-mines-as-price-of-platinum-plunges

Aquarius to review all its mines as price of platinum plunges.

Now I know why the directors have been dumping.. this will probably be shut down/ suspended like London Mining and African Minerals, so the directors are getting their hands on all the ready cash they can..

[dyfiman] 29/7/2015 16:11

More than 4.5 mill shares traded.......couple of % price
rise. Why not more..... and why is JLP, another Plat
producer, doing so well with traders?????

AIM ??? Grrrrr !!!!

END

[seagreen] 29/7/2015 15:36

Thanks dros1...still seems in pretty good cash shape...thought I was probably being stupid...thanks for your research...

[dros1] 29/7/2015 12:14

seagreen bond of $125m to pay by the of the year

[seagreen] 29/7/2015 10:59

Attributable group closing cash at 30 June $201 million ($196 million on
Balance Sheet with a further $5 million attributable to Aquarius held in JV
entities)


Dros1 am I missing something ..NET cash $201m per statement

Market cap ....equivalent $150m

Trading at a $50m discount to cash at end of June

Looks a strong hold or add for the patient one of the long term survivors?????

Share price should be closer to 10p purely on cash ...?

[dros1] 28/7/2015 10:26

not impressing results. net cash reduced from $85m to $76m

[dros1] 24/7/2015 12:25

net week our turn, I am out

[nash81] 24/7/2015 10:07

newsflow in JLP - thanks to LSE

if you follow JLP and webcast yesterday, you know this is not p & d. newsflow soon:

- mining licence for Tjate shallow mine NPV 1.6bn within days
- mining licence will trigger cash payment to JLP around 5million (making total cash £11)
- confirmation of bank funding within days/weeks for Tailing projects
- revised reserve upgrades for Tjate soon after mining licence
- acquisition of the third tailing projects within weeks
- JV confirmation for Tjate mine
+ more

and all these for non-dilution to shareholder (we are cash rich!)

look at how mining licence have unlocked values for AMC, SXX and looks at JLP chart.

and even at 20% of NPV Tjate (1.6bn) will means JLP valuation market cap at $320m, ie GBP (thats around 26p)

my advice, do your own research and if you are happy, BUY AND HOLD