We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Hanré Rossouw, CFO of Royal Bafokeng Platinum (RBPlat), last year produced a show-stopping demonstration of "tears by bedtime" market pessimism. The meteoric rise in platinum group metal (PGM) prices had, in his view, given rise to dangerous expectations.

"This does feel like the early stages of another bull market cocktail party," he said at RBPlat’s interim results presentation in May. "And we’ve all been to such a party before, with alcohol — sorry, I mean cash — starting to flow freely and the DJ playing old-time favourites such as Champagne Supercycle and What Doesn’t Kill You Makes You Stronger … For Longer."..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

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