Lonmin Share Discussion Threads

[foxy22] 24/1/2017 15:03

186 now crossing resistance....pgm rising

[foxy22] 24/1/2017 13:48

Breakout !!??

[cudmore] 24/1/2017 06:31

Pjm

LOL

[glenkaz] 23/1/2017 23:05

Pjm! Go f/ck herself w/a king t/sser sc/m! How's your short d/ck🤔

[pjm1162] 23/1/2017 15:58

It's range is 181 area max, huge sells will come in then drip back down, easiest play in town is this one

[glenkaz] 23/1/2017 07:31

Pjm! Get st/fed! You are pure 💩! Wet the bed again have we🤔

[pjm1162] 23/1/2017 03:14

163 I see it hit, looks like the mini bull run is over here, 150 area soon....SELL

[glenkaz] 22/1/2017 15:54

Pjm big t/sser!

[deans] 22/1/2017 06:49

Going to the AGM on Thursday should be interesting to hear what the company has to say.

[redbaron10] 21/1/2017 10:45

Big Ben coming out before Q1 results on Thursday and saying the platinum price must rise for the industry to remain sustainable.I don't know if this was in response to the report that the poor pgm price prospects were hampering the housing investment for Lonmin's workforce,or with Trump's inauguration it was a classic case of being a good day to bury bad news.Maybe i'm just too cynical! It is a tricky tightrope Ben is walking here.After the Farlam commission report and ANC's poor election results in Aug 2016,there is pressure on Lonmin from government quarters to improve working and living conditions for their workers.Lonmin simply hasn't the money to do much.Meanwhile the good news on the pgm front was a nice 5% lift in Pd prices on reports of growing catalytic converter demand going into 2022.Also AAL and other big companies at Davos are promoting the prospects of hydrogen fuel-cell technology going forward.The one dispiriting statistic that Ben did mention is that Pt recycling is now bigger than Anglo Platinum's output production.He made the very obvious observation that it was easier to extract 4g of Pt from a single crushed catalytic converter honey-comb than from mining,milling and processing one ton of ore for the same result.

[pjm1162] 19/1/2017 09:01

172 now, watch and learn

[pjm1162] 18/1/2017 09:08

174 now and looking a tad weak, 181 is huge resistance like I said....looks like tide turning and the bears have it, sell

[pjm1162] 17/1/2017 08:52

Ok so my timings have been off, however, this is a huge SELL, after the next qtr results you will see I am right, sell now at 178 if you can is solid advice...you will get them back at much lower prices.not a healthy company is what I am hearing and seeing...SELL SELL SELL

[redbaron10] 16/1/2017 21:14

A New Year,a Fed rate hike,a NO result in the Italian constitutional referendum and Trump to be sworn in on Friday.Ok which of the pro-Lonmin posse remain? I see the Lonmin detractors are still out there rubbishing the turnaround strategy.Maybe they're right, but commodity shares in general have been nice little (or in some cases big) earners.I still believe that production level targets will be met or exceeded,with uneconomic, high-cost production being eliminated, to reduce overheads.I still firmly believe that you either buy into the platinum story as a precious metal with added industrial uses, alternatively, as an investor, you believe platinum demand is a dead duck as far as its industrial demand as a diesel catalytic converter is concerned.If you believe this is the case and that all the platinum deficit talk in the industry is just to bolster the pgm price, then don't be invested here.I'm still in here,along with a similar position in AAL.China demand appears to be robust,looking at the latest Pmi data,and if the Pt price is knocking on the door of $1000oz again with the dollar index as high as it is,then this has to be a bullish signal again.

[cudmore] 15/1/2017 20:43

Keep an eye on JKX.......every buy increases the price. News looming!!

[harry_david] 15/1/2017 20:31

I see Fiat-Chrysler and Renault now caught in deiselgate....

[glenkaz] 15/1/2017 08:42

P j m pure sc/m! And full of 💩

[mrjellyfish] 13/1/2017 19:27

pjm .Your advice is unreliable. last Friday.Quote 160 by next week,nailed on .It didnt ,did it.And you said we were mugs if we held our shares.We are no mugs.Dont belittle us,as you certainly dont know what will happen in the months ahead.They may go down,but also could fly.Far more intelligent people than yourself ,get it badly wrong with shares.Ive seen your sort come and go( with tail between legs) on chat forums.

[pjm1162] 13/1/2017 16:09

Whatever market it is, anyway end of recovery here, drip drip

[bouleversee] 13/1/2017 10:57

pjm -

On AIM? Since when?

[mrjellyfish] 13/1/2017 08:39

pjm. I will never get round to your way of thinking.But I can recommend a plumber to fix that annoying drip you have!

[pjm1162] 13/1/2017 07:53

Drip drip, it's trying but 182 area is v big resistance now, unless pt pushes up 5 % from here it will be v difficult to pass. SELL rec from me, so overvalued it's the easiest short on AIM imo ....wait until next results then I will be vindicated and you will come round to my thinking.

[pjm1162] 12/1/2017 10:04

181 was sold, told you it would, back to 178 already

[harry_david] 12/1/2017 07:42

Good start to the day for platinum, hopefully broken through the $980 barrier.