I think this one is oversold, and is must BUY @ at level!

Nice strong graph over the last few months. Hoping the sp will stay above the 200 DMA ready for the next surge upwards.

I think this will retrace down to 300p.

Brave call. Reasonable support at 340 I would have thought.

Worldwide economy is pretty dim and I think 2011 will see a double dip. The share market has gone too far upwards without much good news or reason to do so.

High commodity prices and a recovery in the auto industry should help though. Amazing to see how brief an impact the death of a few workers & the change in the safety/pit prop rules has on the sp. How short a memory we all have.

Dow is slumping and commodity prices are affected too... AQP is going down...

only resting before surging to 4.60..........live in hopes.,.

Thought it ought to be pointed out that this one has been on a steady climb all the week, if it continues next week 4+ on the cards and back in profit.

StockMarketWire.com
Aquarius Platinum said for first quarter attributable production increased by 12% quarter-on-quarter to 123,392 PGM ounces, with record production at Mimosa.

Most average PGM Dollar prices deteriorated through quarter - platinum down 5%, rhodium down 17%, while palladium was unchanged.

The Rand strengthened against the Dollar by 3% on average and by 8% over the quarter.

Costs were down or flat in local currency terms compared to the previous quarter at all operations except Marikana.

On-mine EBITDA for the quarter was $39.2m.

Net operating cash flow was $39.8m.

Net profit after tax for the quarter was $42.4m.

Stuart Murray, CEO, said: 'The first quarter of our 2011 financial year had a tragic start, with the terrible accident at our Marikana mine in which five men lost their lives.

'The remainder of the quarter was a good one, despite a challenging Rand pricing environment. Our operations performed strongly during the quarter, for the most part. Everest is ramping up nicely, Rand costs were largely contained, Mimosa achieved record production and the tailings operations both enjoyed much improved recoveries. As a result, production is on track to achieve our previous guidance for FY2011.

'Progress was also made at Blue Ridge, with a Board decision to place the mine on care and maintenance for redevelopment, which is now underway. Continuing Rand strength remains an issue and average

'Dollar PGM prices fell over the quarter, but the Company has done well to manage the aspects of its business that are within its control and I believe the outlook for the rest of the year is on track for Aquarius.

From Merrill Lynch:
"Platinum sector targets raised, Aquarius upgraded to BUY.
We move our platinum price forecast above $2,000/oz, 2011-2013 inclusive, and report significant upgrades to our rand PGM basket price over this period. Broadly speaking, the impact to DCF is relatively muted as we have reduced our long term basket price (2017) on stronger rand assumptions. Aquarius, the anomaly in this regard, reports the largest upgrade to DCF (+27%), due to its shorter life-of-mine and hence weighting of near-term cash flows as a driver of NPV. We set a price objective of GBp500/sh for 26% upside, and lift our rating from Neutral to Buy."

I won't be sorry to see sp rise, been stuck here at 4.60 for too long.

needed to see that hlyeo...

Well, it's been a good day.

Am hoping it will sail past the 400p level this time.

Tis very sluggish compared to the other miners

StockMarketWire.com
Aquarius Platinum initiated with neutral rating at Credit Suisse, target price 370p

SECOND QUARTER 2011: PRODUCTION RESULTS
Highlights

- Attributable production increased by 3% quarter-on-quarter and by 14%
compared to Q2 2010, to 127,579 PGM ounces

- Average PGM Dollar prices improved through quarter - platinum up 9%,
palladium up 37% and rhodium up 2%

- The Rand strengthened against the Dollar by 6% on average and by 5% over
the quarter

- Weighted average cost per PGM ounce improved by 13% in local currency
terms compared to prior quarter

Broken through the 4 mark again.....can it continue?

StockMarketWire.com
Aquarius Platinum has confirmed its Zimbabwean operating subsidiary, Mimosa Mining Co, is holding talks with authorities on establishing a position that will be compliant with the country's Indigenisation and Economic Empowerment Act.