We have AngloPlat news conference before market opens on Monday... If AngloPlat does make favorable mention of ANO (50:50 chance) and/or its capex plans, should be a decent spike up. If not, sell most of this added position and going back to cash...
ANO caught up in the Anglo American exit strategy (from SA to London) before this deal is likely consummated. SA Govt holds the cards in regard to forex controls so Anglo cannot get the cash out until SA Govt approves and I believe this ANO BEE joint venture will benefit.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.