We believe South African platinum producers provide a compelling investment opportunity at current valuations.
The largest risks the industry faces are that platinum is substituted by other commodities and that autocatalysts are not used in vehicles.
The current economic climate and mining issues such as the recent strikes have also resulted in negative market sentiment and reduced profitability. As often happens, bad news creates opportunities for the patient investor, and at current valuations we believe the South African platinum producers provide a compelling investment opportunity.
