Lonmin is the third largest primary producer of Platinum in the world, producing over 900,000 ounces of Platinum and a similar number of ounces of the other Platinum group metals such as Palladium and Rhodium. Its operations are located in the district of Marikana, near Rustenberg, in the North West Province of South Africa.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 30/09/2005)

Platinum extraction: 100%

A +4% start will do me.,.

CC - I see what your saying. If it holds above it this time what's your view point from chart prospective

Never traded it or done any research on it N, maybe DC, skinny or Baler could give you some insight on the fundamentals? At mo certainly a trading opp to close the gap to at least 400 (or not) and if that happens will either tank to continue down trend, or be a great recovery play. Stating the obvious I know, but pays your money takes your chance :O)

Edit - Either Sept/Oct 2011 (maybe skinny could highlight it,i don't know how) was the last time there was a gap which was filled, but then carried on downtrend.

Nice fish skinny :O) Any chance of same chart (candle) to illustrate my witterings?

Ta skinny :O)

why a further down trend when all strike action finished and back in full production??

Knitting fog, Baler did I say it would continue with a further downtrend?

point taken CC, wasn't digging...... or knitting lol. If over the next 12month that chart can reverse........ I will be a very happy bunny.,.

I charge for this




After a truly dreadful five years for the sp, could this company become a hot commodity again. There are talks the sp could double. The company hit a low of 241
in early Nov, a price less than a quarter of its early 2010 peak. The share has now bounced through 294p a decisive struggle between bulls and bears being the key territory a week ago. If this critical support holds this time (had the 294 support in 1999) it will surely encourage technical traders to pick up the stock once more.
An increase in trading volumes suggests a good two-way battle , but the bulls may well hold the edge. Long term support at £3.70 then a possible surge to £5.58.

AYDYOR

No bother Baler :O)

Going to head North (see post 80, AUDYOR)

cheers DC, buy you a steak when it hits £10.,.

I have not gone as far as £10 lol, if it gets that far it must be worth a starter, steak and chips (fillet by the way) a sweet and a couple of beers. lol and thats cheap for the sort of advice to make your fortune. :-))

Not knowing much about platinum prices, it looks like the current price is good compared to the past Bb.

snap!!

So no one got the 'fish on the hook' in post 73?