ASX 0.11% $65.22 asx limited

aim - doesn't add up ...

  1. 330 Posts.
    Unless I've bought a Bali money changer's calculator (lol) .. today's run on AIM just doesn't add up ... according to the announcement ... platinum is currently on the market at $US900 an ounce ... however we are lead to believe that AIM has just got the rights from Mooiplats (Afrikaans from beautiful place I believe) to 29.3 million ounces for just A$2.74M ... which means that they have bought each ounce of platinum for less than A$0.10 ..

    Regardless of the extraction costs this would have to be the deal of the milleneum ...

    Have I missed something here or is this looking very suspect ???


    YO

    PS I don't hold .. just watched in amazement waiting for the figures to be realised ...
 
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