WATCH: Stock pick — Sibanye
Sam Mokorosi from Vunani Capital talks to Business Day TV about his stock pick of the day
Sam Mokorosi from Vunani Capital chose Sibanye Gold as his stock pick of the day.
“Somebody that’s coming out of a quagmire as well is Sibanye; obviously they had that strike with Amcu [Association of Mineworkers and Construction Union] and what’s really interesting about Sibanye is that 80% of their free cash flow now comes from PGMs [platinum group metals] and the market still sees them as a gold counter.”
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