takeover target???, page-8

stefan41

Not sure if we can call Smokey Hills 'uneconomical' just yet. I'm guessing it's borderline and management are doing the right thing by reviewing the operations given the current platinum prices.

You got to remember that Smokey Hills and the other two projects are 'shallow' mines and therefore in theory should be low cost to run. So if we're hurting, you can just imagine what the current prices mean for the bigger players/miners!

I'm guessing they might seek to work with the current 900 strong work force to sort out some way of reducing costs and narrow down the production targets at the same time.

Just a guess.

Gus