This is old news and not accurate at all. Firstly Platinum did...

This is old news and not accurate at all. Firstly Platinum did not invest in these companies as the share price collapsed before they had the opportunity to do the deals, so Platinum had no interest in the companies at the time of the collapse. Had they concluded the Platinum deal it might have been a different story.

The difference here is that Platinum has bought over 13% of Cokal on market over the past year and keep increasing their holding. They are investing real cash. They have also put forward an offer to fund the development of the project via debt 4th Dec 2013 release. Included in that funding is a consortium of other parties which may include Steel Mills and others that have also shown strong interest in the project. This project is poised to get into construction/production and thats when the great upside will happen.

Platinum have a history of accumulating substantial holdings in Coal companies during their late development stages, Coalworks is one, which ended up being taken over. They are astute investors and not traders.

Its the traders who trying to make the quick buck that have effected the price recently.

You cant get better partners than Platinum and they will have the last laugh especially when the forestry approvals come through in the coming weeks.

The upside is substantially greater than any downside.