Updates

Aquarius Platinum - Net cash soars to nearly US$400m

December 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in Aquarius Platinum surged above Â£19 for the first time onthe back of record commodity prices and good Q1 results. In spite ofhigher operating costs and industrial action Aquarius generated a 7%rise in net profit to US$49.5m, with eps being 58.2 cents (28.3p). Netcash balances increased US$107m to US$395m. Group attributable production increased nearly 9% from the previousquarter to a record 140,357 PGM ounces. The biggest growth came fromits newest mine, Everest South, which rose from 41,000 to nearly 49,000ounces, while Kroondal increased production by just over 4,000 ouncesto 53,206. With average PGM basket prices also increasing from US$1,405/ ounce to US$1,438, cash margins stood firm at 61% in spite of theindustrial ...

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Experian - Falls through stop-loss

TMI Trader Portfolio - December '07

Aquarius Platinum (September 2008)

Aquarius Platinum - Buys back Impalaâ€™s stake (June 2008)

Aquarius Platinum (March 2008)

Aquarius Platinum - Cash balances soar to US$288m (September 2007)

Aquarius Platinum - Shares volatile in wake of strike action (June 2007)

Aquarius Platinum - Bid speculation boosts shares (March 2007)

Aquarius Platinum - Platinum prices in new upwards spike (December 2006)

Aquarius Platinum - Large return of cash expected in 2008 (November 2006)

Aquarius Platinum - Large dividend payouts looming (October 2006)

Aquarius Platinum (June 2006)

Aquarius Platinum - Profits jump on rising PGM prices (March 2006)

Aquarius Platinum - Production set to double as platinum soars above US$1000 / ounce (January 2006)

Aquarius Platinum - Platinum production forecast to double in two years (September 2005)

Aquarius Platinum - Weather problems have abated (September 2004)

Aquarius Platinum - Bad weather affects production (June 2004)

Aquarius Platinum - Another rise in platinum price (April 2004)

Aquarius Platinum - Huge expansion in production (January 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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