Lonmin- Hot or Not

PUBLISHED: Tue, 03 Oct 2017 05:52:13 GMT
Share


Lonmin owns the Marikana mine near Rustenberg. It has a market cap of R3.5billion, but has no P/E because it made a loss in the prior year. It does not pay dividends at present. Guest Wayne Mccurrie, Senior Portfolio Manager, Ashburton Investments and resident expert Paul Theron from Vestact decide whether Lonmin is hot or not.