Tenorsax, Platman and others
It's certainly been a poor performance and one that I did not expect. But I also must admit to having sold a part of my options holding over this volatile period (post capital gains tax status reached)...to reinvest in other stocks. However, I have far from lost faith in this company and its management. Trouble is that there are obviously a number of the former SRB holders who had a rough ride who now wish to exit.
Timing to exit altogether now seems illogical given the advances being made by CUO towards imminent production, the corporate activity in the platimum sector in SA (re PPN), and the potential for further positive developments for both TGF and the Lady Loretta asset. I decided to buy back some of my sold options today. Separately I hold a decent stake in CUO and more modest holding in TGF.
regards
DF
MXX
mineral securities limited.
