newport....its Christmas and Bank of America has set the autobot trading parameters.
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Based on current PGM prices the following is the basket price in USD per ounce;
Smokey $1,373
Kalahari $1,302
Rooderand $1,302
Good margins if they can only get the ship back on course, only then will the market re-rate PLA otherwise we are not going nowhere until Dec qtrly is released and then the Mar Qtrly.
Though hint of positivity in Dec Qtrly will be well received by the market.
newport....its Christmas and Bank of America has set the autobot...
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