renounceable rights issue allotment, page-19

Yes Okra,

Was going to make some play regarding 'lady's fingers'. Very good. Love curry!

I just found some recent threads on the NKP posts which jell well with a couple of my points. I have posted below (just copy/paste into your web bar). The first covers the fundamentals of the PGM industry and the second captures an example of speculative promise.

Anglo American Platinum (Amplats) CEO Neville Nicolau figures the fundamentals have been sidelined by sentiment (europe fears) since the middle of last year. The video makes for a good watch - here's hoping the fundamentals start getting noticed. Enjoy.

Gus

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http://www.miningweekly.com/article/platinum-industry-needs-1-900oz-amplats-2012-02-13

Platinum industry needs $1 900/oz – Amplats
Martin Creamer 13 Feb 2012

"JOHANNESBURG (miningweekly.com) – A platinum price of more than $1 900/oz was required to provide producers with the incentive to invest the substantial capital required to maintain long-term production, Anglo American Platinum (Amplats) CEO Neville Nicolau said on Monday.

At price levels currently in the $1 600/oz range, there would be a gradual moving away from investing, which would mean a dropping off of supply, Nicolau told Mining Weekly Online in a video interview." Cont.

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http://www.miningmx.com/special_reports/conf_cover/2012/mining-indaba-2012/Wesizwe-targets-cash-producing-PGM-assets.htm

Wesizwe targets cash-producing PGM assets
David McKay 08 Feb 2012

WESIZWE Platinum, the R2.3bn platinum exploration company, said it would consider buying cash-producing or near cash operations in the platinum group metal sector (PGM) in South Africa.

“Currently, Wesizwe is a ‘one-project company’, which is very dangerous – with cash flow only likely to be produced in eight to 10 years time,” said Jianke Gao, CEO of Wesizwe Platinum since August last year.

“We’re looking at a collaboration, synergies or consolidation in the PGM space. We would be looking for a project that was complementary,” he said, adding that joint ventures would also be considered. " Cont.