Another of SB's key points was that everything is a tablet.
But if Win 10 has significantly different modes for not-connected-to-touchscreen versus connected-to-touchscreen then everything is not a tablet.
It's shocking that it didn't take everything in the world for MS to "get there". It just took a couple of little things. Well, they still miss out on two obvious cell phone strategies and a few other things.
Also, take a look at the 12.5" Dell XPS 2-in-1 at $999. That's 2.8 pounds including the keyboard.
And there's a 10.8" Dell Venue Pro tablet at $349 and another one at $649. Those do have optional keyboards.
One of SB's key points was the Surface running an ARM processor.
Well, the Surface 3 dropped the ARM processor and went to an IA processor.
I'll have to go look up sales of the Surface versus sales of the Surface Pro but they both now run IA processors.
Now, Win 10 has a mode for touch screen but a different mode for non touch screen. Hopefully that means that Win 10 uses less processing resources when connected to a non touch screen.
They took on the $80 million in loans and that is about the only cash that they have. The loans are senior debt which is like a lien on the company.
If the rate of stope-ing doesn't increase then they will be in violation of loan requirements. Most likely the stope-ing will be figured out.
IVPAF is actually a better financed company. They are two years away from the begin of stope-ing. They are on the North Limb, with thick ore sections, just like PLG's future project.
The PLG stock price down to about 0.28 was due to the increase in shares. The stock price from 0.28 to 0.14 was due to the loan draw-downs and terms of the loans.
Platinum demand will not decline due to fewer sales of internal combustion engines because platinum is also needed in hydrogen fuel cells.
Platinum is going to save the planet. Or palladium mixed with silver might work in place of platinum.
Now the new GM Bolt battery electric-vehicle has a range of 200 miles and costs $30,000. That's twice the range of the BMW i3 but GM hasn't yet explained what the breakthrough is.
Fuel-cell electric-vehicles, currently operating in Southern California, claim a range of 300 miles and certainly do have a reliable range of 200 miles.
"Don't look back. Something might be gaining on you."
Hydrogen fuel cells use platinum. That's up to one ounce per vehicle and vehicles are the smaller fuel cells.
The 10 oz platinum bars are sold out everywhere I look.
I see the 1oz platinum bars at $932.
If artwork is wanted for the coffee table then look for a kilogram bar.
But here are some ticker symbols:
Best I can tell, the IMPUY "cash cost" is about $704 an ounce. The "all in cost" can include depreciation of the plant but that's a non-cash charge. Interest paid on debt is a cash charge. Principal repaid is not a charge but subtracts from cash flow. Basically, subtract their long term debt from their cash and see how they are doing. But they are still selling stock !
The "cash cost" here is about $529 an ounce for the first eleven years. Make a guess for the "all in cost". The price-to-sales ratio is about the same as IMPUY so look for a lower "all in cost".
But IMPUY is planning new mine shafts.
The "cash cost" for IVPAF is about $325 an ounce
For a platinum miner sitting on more millions of ounces than can almost be believed there's IMPUY. But if worrying about their cost structure then look for new mines and there's PLG. If desperate for even better cost structure then there's only one place and that's IVPAF but it's still under construction.
They are going to be mining their richer grade ore during the first eleven years. That's how it works at the current price of platinum.
Some of the older platinum mines are break-even at $850 an ounce.
Basically. platinum makes jewelry just as good as gold and so the platinum price is bound to recover. Diesel engine catalysts use platinum while gasoline engine catalysts use palladium.
I think I would just sell out of the future project and run the current project. Someone that can finance the future project at low interest rates might be interested.
The current news is how desperate they are for financing.
The largest shareholder gets 1.5% of revenue, not as payment on the loan, but just as an incentive to make the loan.
But really, get an accountant or financial analyst to explain the loan