CUO owns 17.52% of Platmin. That stake is worth even in today's depressed market around $60m. I commend those who do not know much about this operation to peruse the Platmin Annual Report lead sections of Chairman's report, and Chief Executive's report amd Platinum Review on the link below. It is well illustrated and should give people confidence about the outlook for this major investment. CUO executive Keith Liddell is also Deputy Executive Chairman of Platmin.
"As the former Managing Director of Aquarius Platinum Limited (Aquarius), Mr. Liddell established his competence in the management of resource companies. Aquarius successfully acquired, financed and developed a number of platinum projects in South Africa including the Kroondal Platinum Mine."
http://www.platmin.com/im/files/reports/Platmin_AnnualReport2008.pdf
regards
DF
CUO
copperco limited
CUO owns 17.52% of Platmin. That stake is worth even in today's...
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