Eastern Plat Share Discussion Threads

[excellance] 02/5/2012 11:18

large losses in last quarter due to impairment, costs net of credits nearly doubled... is that the end of the bad news cycle, or will this never end??

[excellance] 02/5/2012 11:12

is this about to turn around?

26p currently, recovered from recent low of 20p

[utterberk] 10/4/2012 18:33

Beats me why this wasn't dumped the day of the March results. Goldman Sachs called it a buy on Friday for reasons I cannot fathom. Sounds like a pure punt by them, based on price action alone.

[excellance] 05/4/2012 23:47

20p... who would have thought...!!

[datahead] 19/3/2012 11:43

impairment is simply to reduce the asset to more of a realistic valuation based on future earnings ie cash flows from it - just accounting really

[utterberk] 06/3/2012 17:28

I didn't quite understand the reasons for the impairment charge. Can anybody explain that in plain English? Aside from that, I though the results stunk-up the place.

[datahead] 29/2/2012 04:23

rise yesterday - anyone know why ?

[excellance] 14/2/2012 12:00

DME also recently announced delisting from AIM in favour of ASX

[nick rubens] 14/2/2012 11:51

" Anyone think ELR might do a Platmin, and cancel their AIM listing?"

utterberk. Is there a shareholder who has over 50% of the stock? Then it's a real possibility and dare I say likely scenario.

[restassured] 17/10/2011 11:38

A rollercoaster for sure.

[utterberk] 04/10/2011 14:14

Anyone think ELR might do a Platmin, and cancel their AIM listing? Platmin cited their size, and the AIM volumes traded, as the reason for it -- plus they're already trading in two other markets: Jo-berg and Canada. ELR's market cap is a bit bigger, but AIM volumes stink as bad. It costs two-hundred grand a year to list on the AIM, and I reckon they might wonder why the heck they pay it.

[utterberk] 26/9/2011 15:05

It's getting to the point where spot platinum is the same price it's costing ELR to dig out.

[restassured] 16/9/2011 10:34

16th sept 2011 JP Morgan Eastern Platinum Overweight price target 90.6p

[gilest] 13/9/2011 20:43

What share price will be dbottom?

[rbull88] 28/8/2011 15:45

broken down through support - one to watch over the next month just incase it's the double bottom

[thechartistformallyknownasaol] 15/8/2011 14:45

The average delivered price per PGM ounce increased 10% to $1,113 in Q2 2011

Operating cash costs increased 72% from $882 in Q2 2010 to $1,515 in Q2 2011

-$402 on every ounce

[excellance] 15/8/2011 14:20

i would think that the "strike" has skewed the costs, but also the exchange rate dollar/rand is against south african miners.

[utterberk] 15/8/2011 14:11

Look at the costs! What the hell happened? We're deader than A-line flares with pockets in the knees!

[excellance] 15/8/2011 13:33

truly dreadful results out today...

[excellance] 10/8/2011 14:53

47p now, looks like it is set to drop a lot further!

[excellance] 10/8/2011 14:04

target price 11p??

did they say why?

[excellance] 10/8/2011 14:02

at 50p is this a double bottom?

[excellance] 10/8/2011 14:01

August 10, 2011 1:34 PM GMT
Platinum prices continue to recover from the aggressive slide in prices seen during the early part of this month. Some traders feel that platinum may be finding some fresh support from the fact that gold and platinum prices have reached parity, while other traders feel that platinum prices may be undervalued if the Federal Reserve steps in to support the US economy again. In addition, there are many in the platinum markets who feel that economic slowing in the US could discourage the Chinese central bank from additional tightening moves. The Chinese Trade surplus during July was $31.5 billion, above market forecasts and may be an early sign of stronger Chinese industrial platinum demand through the rest of this year.

[lionheart79] 25/7/2011 23:07

Going through some older issues of Shares I hadn't got around to reading yet, I notice this was tipped as a sell at 50p by the publication's chartist on the 7th July, target price 11p, stop loss 60p.

I've no position but thought long term followers might find that one amusing ;)