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Atlatsa Resources Corporation Message Board

  • mehboob_patel21 mehboob_patel21 Jan 2, 2014 2:50 PM Flag

    ZAR-$US exchange rate at 10.70, Platinum just hit $1400 in $US dollar terms

    ATL should be breaking out here as Rand based PGM prices are soaring- As an exporter ATL should now be minting $ in Rand based terms.. Stock is cheap.. Worth north of $1.00 right now

    The Weak Rand(the SA currency) bodes very well for ATL

    More importantly ATL secured a wage deal and will now benefit if the Unions go out on strike next week against Lonmin, AngloPlats and Impala... this could spike all PGM prices and create the best of both worlds for ATL

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