US EditionValterra to surge into net cash after disappointing start
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Valterra to surge into net cash after disappointing start
VALTERRA Platinum kicked off life as an independent company in relatively poor financial form, posting on Monday a heavier-than-expected 81% decline in headline share earnings for the six months ended June of R4.73 per share. But the company is expected to register a strong second-half recovery, largely aided by improved metal prices, which could see it handsomely in net cash. Higher production and a consequent reduction in unit costs would also…
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