cost are in rand and fall as rand depreciates, page-8

good info thanks mreye2. Not revealed clearly how hedging was done on the company ann. However, at this price (46c) PLA is clearly very oversold and have juuust bought some.
Thanks to HC posters who alerted me to this stk. I expect Rand to continue falling which increases the price received for all unhedged platinum. Zimbabwe in chaos and Zimplats having huge prod problems. The remaining major producer is russia and things not too rosy there either. It all adds up particually when Platinum is key catalyst/element in many industial processes. Jewellery is not crucial in overall demand.