Platinum price has been weak, that's the real headwind. NPH needs spot to hold above 950 usd or the margins…by @scandi_jse64 on $NPH

Platinum price has been weak, that's the real headwind. NPH needs spot to hold above 950 usd or the margins get squeezed hard. Look at the all-in sustaining costs, they're pushing higher with load-shedding and labour costs, so unless we see a contract win or platinum rallies, not much upside here near 265.