TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

All Stories

Aquarius Platinum – A Biblical Set of Plagues survived – now the recovery?

Tom Winnifrith
Monday 24 December 2012
have tipped fully listed ( and JSE listed) Aquarius Platinum (AQP) three times in my life: once at Red Hot Penny Shares and twice at t1ps.com. Each time we have sold and booked handsome gains but the past 12 months have seen the company have to weather a series of plagues reminiscent of a biblical torment. If its own South African workers were not on strike, workers at neighbouring mines were out and engaging in secondary picketing. The prices of Platinum Group Metals fell sharply (to around $1100 for a PGM basket) and meanwhile negotiations on the sale of half of its Zimbabwean operation to local Black Economic Empowerment groups dragged on. After such an annus hornbills, long serving CEO Stuart Murray stepped down as CEO and the share price is now 55p, having been 45p three years ago. But could 2013 be a year of recovery for this company which is still valued at £260 million?

on TradingResearchPoint | Comments

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
  1. BREAKING EXPOSE: Georgina Energy, the bogus research report by a firm that does not exist and the criminal charges

     

  2. #Gowokegobroke: Boots wins the Christmas advert clanger

     

  3. Tom Winnifrith Bearcast: why Rachel Reeves needs to resign NOW

     

  4. EXPOSE: Georgina Energy, the 2020 slide deck and the mystery of the dog that barked

     

  5. Craven House Capital – a technically insolvent company without a material uncertainty warning thanks to Zak Mir's pal

     

  6. AIM Market Statistics for October 2024 - another month of decline on the casino, a 23 year low hit

     

  7. How to raise MINUS £250 by issuing shares!

     

  8. Nate Anderson of Hindenburg serves up a reminder of why anyone owning Genflow Biosciences is off the scale insane

     

  9. Tom Winnifrith Bearcast: I just hate being lied to

     

Sign up for my weekly newsletter








Required Reading
  1. Obesity will starve the NHS: Unherd

     

  2. Mark Steyn: one year on from October 7

     

  3. The press & the US Election: they see their corruption as heroism - RCP

     

  4. The British elites’ crazy rage against Elon Musk, Brendan O'Neill

     

  5. Oxford Study Lays Bare the Terrible Decision to Vaccinate Children Against Covid, The Daily Sceptic

     

  6. Totally Super-Duper Fine and Normal, Laura Rosen Cohen on fire

     

  7. New poll, Harris 9pts down on Trump, even worse than Biden, the Democrat comedy show continues: ZH

     

  8. Biden Still Polling Well With 3 A.M. Mail-In Ballot Demographic: Babylon Bee

     


Recent Comments


I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge