Huge coal asset. Assets are in Botswana but the company is serving an electricity-starved market of South Africa. Have huge negotiating power and will probably be locking in a contract and allow them to build their power plant at very profitable levels. The power business will be worth $26-$30 a share. In addition to the power business, they have enormous residual coal reserves that will make a very profitable standalone operation.
Platinum trade has worked very well for the last few years. Seasonal period is from January 1 until the end of May. Platinum is used in catalytic converters, particularly diesels. We're getting really close to that. Consider getting out or using a stoploss.
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