Closed at R265.85 and that's where most traders seem uncomfortable, but Northam's cost per ounce is still r…by @sextant_za on $NPH

Closed at R265.85 and that's where most traders seem uncomfortable, but Northam's cost per ounce is still reasonable versus Impala or Sibanye when you strip out the rand weakness noise. Palladium autocatalyst demand isn't going anywhere, and their Zondereinde expansion gives them scale most peers don't have. The future excites me.