platinum prices have been getting hammered and nhm's all-in costs keep creeping up, margin's looking thin a…by @julianreins_jse on $NHM

platinum prices have been getting hammered and nhm's all-in costs keep creeping up, margin's looking thin at these levels. read the latest md&a, capex guidance is still heavy for the next couple years. r246 feels like it's pricing in a lot of bad news already but hard to see the catalyst to turn it around soon unless we get a proper rand weakness or spot moves materially higher.