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shugg1e 14 May 2018

update??? Comments??Market seems ok with it i do think with just a lift in platinum prices will see a massive uplift.

The buzz 10 May 2018

Re: Topped up again Today's letter from Advfn -Lonmin was knocked down to ‘sell’ at Liberum. This stock is now too risky for me to buy back in. The price is just too low:-[link] the rand rate is still getting stronger-[link] cost of mining in equivalent USD value is going up.The B

Nice to Michu 09 May 2018

Re: Topped up again Once again this shows itself to be a tricky - tricky - stock .. ouch... fortunately my position here is not big and my loss remains relatively small..... and as I have been here before - on a lot bigger position and loss - and ended up, somehow, doing great, I still have a soft spot for this doggie. Given this and Ashley House putting me in a good mood today, I have now - reluctantly - decided to keep small topping up into any further weakness here.. So I've just now done my first purchase in a while - at 49. something p - and would do another at 45p if it goes there.. etc.. hopefully it doesn't go there.. Again, hard core players only should play here imho: this is a very volatile / dangerous stock !

Ripley94 09 May 2018

Re: Topped up again And again in ( T ) with this mornings sale proceeds... @ 49.88 ( went through live on limit set @ 50.3 ) not quite 1% lower.

onedb1 09 May 2018

Re: Sibanye-Stillwater - Mine Accident Lets see Am watching this everyday as out of the blue these stocks get different valuationsBut surely LMI is not worth £169m !! lol ! Given the recent weakness in the rand and costs being the issue ( am also glad to see the cutting of 600 employees started last November) I'll be keen to trade the base here . As its clear that only 10%/20% cost cuts can return the mine to cash building very quickly . This Sibanye buyout is a non starter at current conversion price Wil be interested to see the 14th of May update Looking at the website you can see how local initiatives to upgrade schools are very good. All this can be done if the mine is profitbale ! So can't see it in anybody's interest to watch this crash continue when the solution to work with more sustainable workforce numbers is obvious Rand helping too

shugg1e 08 May 2018

Re: Sibanye-Stillwater - Mine Accident it was caused by an earth tremor so out of their hands really to be fair.I think the fall is a way way over reaction

Ripley94 08 May 2018

Topped up again @ 52.95...... 11.5% drop today .

onedb1 08 May 2018

Re: Sibanye-Stillwater - Mine Accident The offer can alwasy be rejected ! Price has acted like the offer is a done deal for months ! But its not Why would Lonmin accept this poor valuation ? At this rate any asset stripping would return a multiple of current market cap ! I will never understand why politicians are so thick . They are dense and for their totally deranged minds of keeping 10k people on some poor wage doing nothing all day they will bring down a mine that could have been profitable and paid back into society a lot of taxes ! As it stands sellling to Sibanye should be rejected and Lonmin has to embark in a serious cost cutting exercise to return the mine to profitability or it all goes to zero ! Nobody wins here by being so dense ! Dense and deserve the squallor they created ! Just angry myself as this mine could have made a fortune and great turn around story . As it stands I hope they reject the deal and cut the workforce to normal industry levels

The buzz 04 May 2018

Sibanye-Stillwater - Mine Accident [link] seem to be accident prone. Apart from being very unfortunate for the miners who have lost their lives, it cannot be good for their finances and reputation to keep having these problems.The B

shugg1e 18 Apr 2018

Re: Bought 10000 Sibanye gold up 7% today hence the Lonmin rise

onedb1 18 Apr 2018

Re: Bought 10000 Should be at 60 if the conversion is respected so there is a discount Precious metals are rallying so not sure why Sibanye isn't , that stock can double and still no reflect past highs . Am looking at both trend channel and RSI triangle breakouts. Should they materialise Sibanye will fly and take LMI with it . Late Nov Dec Sibanye was at 2000 ish ! Just shows how fast these plays can be so my eyes are peeled on the chart ! No distractions allowed

shugg1e 18 Apr 2018

Bought 10000 I like the look of Sibanye gold they look very cheap and i can see a back door into them by getting some Lonmin.I think they also bought Stillwater in the US and Aquarius Platinum a few years back once Debt levels are reduced i think resuming the dividend could see them take over along with appreciating PMs.

onedb1 16 Apr 2018

Palladium back above $1000 ! Platinum to follow IMO !!Find it strange that the future acquirer of Lonmin is trading so low Gold has barely moved and is trading at a healthy £1340-1350 level . South Africa index back above 50k ! I suspect the market downturn since Dec/Jan has been politically related and partly followed other world indices. May get a rally especially if we see over 52k on the index and platinum , gold and palladium do better ! Surely if they pulled the proverbial finger out of ... and reduced labour costs the mine will turn a profit . The assets are worth far more than they are at the moment . Time for the politicians to really wake up and stop squandering time and money . Think a bit more rather than play games

Bison722 10 Apr 2018

Re: did another top up just now just got in myself at 58.19p ....................58p seems to be strong support (probably jinxed it now i hav said that!) but hoping for a few more closes above that this week and then can see a rebound coming in the short term

Nice to Michu 09 Apr 2018

did another top up just now towards bringing my average down to .65p.. I intend being fully out of this ahead of a takeover completing... guessing it will still complete but obviously not certain...No to mind SGL's/p coming off meaningfully since the LMI offer in Dec., it has come off massively in the last year - Stillwater t/o not perceived as good I guess... but they're now in PGM game and in it scale is massive and so LMI bid too, I guess - and so SGL s/p will hopefully bounce back even a little in coming weeks/months.. and as its an all share t/o offer that feeds through to the LMI s/p almost directly... Also Gold price ticks on up and Platinum prices often bounces back up when falls to around $900 and both should help the SGL/LMI s/p

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