ZIM 0.31% $16.35 zimplats holdings limited

taking a punt in zimplats platinum assets

  1. 5,447 Posts.
    Zimplats ZIM has a huge area of platinum rich tenements in Zimbabwe.It is estimated to hold 160 million ozs.Currently producing platinum from an open cut and planning to go underground.Impala Platinum[refiner]has a 50% stake.Only 88 million shares and apart from large holders,12% left in the market.Market depth has 2 undisclosed sellers who may be real or fiction.Check the website for the history.Platinum is currently priced at A$1070 an ounce.
 
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