Eastern Plat Share Discussion Threads

[rambutan2] 23/10/2009 02:04

thanks dave. I'm sure i read on Implats production outlook rns (yesterday) that its cash costs are over 11,000 zar/oz ie approx $1500oz? So still out of the money.

[doobydave] 23/10/2009 00:44

By no means cleverer but think this may be what you mean Rambutan?



PS. Not possible to post chart itself - stockcharts website disallows it - follow the link, then paste $PLAT:$ZAR into the symbol box and select 3 years under 'range', replacing 'fill the chart'

PPS. I can't find one for Rhodium, which is also very significant.

[rambutan2] 22/10/2009 23:20

remember, what really matters is the price of pog (edit: i mean pgm's!) in zar. Perhaps someone cleverer than me can post a chart showing it.

[melody9999] 22/10/2009 22:50

Yeah - the bid is just an added bonus - but that only means that another company also values ELR highly enough to buy it. On the other hand, in the long term we would probably make more money from our investments without a bid.

The bid rumours also caused a spike in the share price - and some short termers are now moving on. But production is increasing alongside the price of platinum. IMV there is a large upside potential in the share price which will be realised if these factors do not change.

[energiser01] 22/10/2009 13:48

The prospect of a bid just adds an extra upside opportunity. The underlying business is strong.

[bionicdog] 21/10/2009 17:48

So the share price doubles if there is a bid and crumbles if not?
Did you post under another name in the past? Your name is new to me.

[softhat] 21/10/2009 17:17

The only upward potential from here would be if the bid rumours were true. Rumours of bids generally outnumber actual bids in the mining sector by about six to one. That means there's a six to one chance of you doubling your money; a fool's bet if ever there was one.

[bertberr] 21/10/2009 16:12

and on the way back up again (spot price) now 1355/oz

[softhat] 21/10/2009 13:32

Down 8% in Canada, platinum now falling...

[energiser01] 20/10/2009 00:05

Up 8% in Canada, platinum still rising....

[bionicdog] 18/10/2009 12:08

What's a sewing circle , is it where one would make a soft hat?

[softhat] 17/10/2009 19:44

Some idiotic gossip about a bid, that's all. Worse than a sewing circle.

[doobydave] 15/10/2009 21:02

Was 271 just an informed guess, leedskier? ;)

[leedskier] 15/10/2009 07:18

Agreed. Maybe XTA, having now abandoned this morning it's suit of AAL, but cash rich, is interested!

[bionicdog] 14/10/2009 18:01

Still hold a few Dave , not enough to worry about unless they reach their previous dizzying heights. Luckily took profits on the way up.

[doobydave] 14/10/2009 17:52

Hmmm... I'm getting carried away, bionic. Cheese and Chinese together - eeyuck!

I take it you hold these, then. Been here long? I bought my first tranche when they were still Elgin on the TSX, now applying for my Zimmer frame.

[bionicdog] 14/10/2009 17:46

Chinesee Dave? Is that like something being cheesy , a bit Chinese?

[doobydave] 14/10/2009 17:06

Chinesee interest? Just a little wild speculation...

[doobydave] 14/10/2009 17:00

and in more context:

[doobydave] 14/10/2009 16:59

I have reasons beyond the price movement to believe that's correct Parvez. But please nobody take that as gospel - it ain't.

[parvez] 14/10/2009 15:47

is there something more than the canadians afoot here?

[energiser01] 14/10/2009 15:47

Plat price clearly a big help. Suspect news of other projects starting/restarting imminent now

dyor etc.