WATCH: Stock pick — Sibanye

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.”..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Subscribe Sign in

Cancel anytime.

Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

SIGN UP

SIGN IN

Please read our Comment Policy before commenting.