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Platinum prices have been under pressure, and IMP's all-in sustaining costs sit around 1000 USD per ounce.…by @sceptic_pieter on $IMP

P.
P. Steyn@sceptic_pieter·Bearish

Platinum prices have been under pressure, and IMP's all-in sustaining costs sit around 1000 USD per ounce. At current spot that's not much margin for error, especially with rand weakness eating into it. The dividend looked decent when PGMs were stronger but let's be honest here, the story only works if you believe prices recover meaningfully from here.

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