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Volkswagen's proposed new catalytic converter to benefit SAs platinum counters


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#1 Zero Hedge

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Posted 13 January 2016 - 05:57 AM

http://www.cnbc.com/...ars-vw-ceo.html
 I do not think the move was due to article...not much detail on how much platinum will be used in this new converter i.e the PGM loadings. The move in plat shares was more a fuction of the ZAR becoming the new Zim dollar...plat shares extemely sensitive to moves in currency.
 
Small cap platinum moves after the above announcement:
 

WESIZWE


11.11%


JUBILEE


5.41%


AQUARIUS


1.43%

 
And after the US, the ethical response will be to fix VWs world wide!!!


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#2 Bullhunter

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Posted 13 January 2016 - 12:19 AM

http://www.cnbc.com/...ars-vw-ceo.html

 

 

Small cap platinum moves after the above announcement:

 

WESIZWE 11.11% JUBILEE 5.41% AQUARIUS 1.43%

 

And after the US, the ethical response will be to fix VWs world wide!!!


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