Admirers of the quiet life would take one look at Implats’ share-price graph and shoot off in the opposite direction like a scalded cat. The thing’s been bouncing up and down like a hyperactive trampolinist, and any punter who picked the bottom a year ago would have enjoyed a return somewhere north of 350%.

In its results announcement the company describes the "stellar results" it achieved in the year, with a strong operational performance allowing it to take full advantage of an improved market with higher rand PGM prices...

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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now