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0.00% 65.0¢ magma metals limited

I wonder what Anglo's intentions are for this company.Anglo is a...

  1. owlie
    332 Posts.
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    23/10/09
    10:08
    Post #: 5821039
    I wonder what Anglo's intentions are for this company.
    Anglo is a very big Pt, Pd producer in SA.
    They may want to develop the mine eventually but in the meantime they may want to try to control the company to keep the world price of Pt, Pd high by limiting supply.
    This sort of thing happens where there are few producers for the one commodity
    Either way its good for the share price.
    MMB Price at posting: 71.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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