Anglo American Platinum Ltd (STU:RPH1)
€ 5.25 0.05 (0.96%) Market Cap: 8.34 Bil Enterprise Value: 7.47 Bil PE Ratio: 12.46 PB Ratio: 1.64 GF Score: 86/100

Anglo American Platinum Ltd Closes ACP Phase B For Rebuild( Media & Investor) Call Transcript

Nov 05, 2020 / NTS GMT
Release Date Price: €9.95
Operator

Good day, ladies and gentlemen, and welcome to Anglo American Platinum's Media Call. (Operator Instructions) Please note that this conference call is being recorded.

I'd now like to hand the conference over to the CEO, Natascha Viljoen. Please go ahead, ma'am.

Natascha Viljoen
Anglo American Platinum Limited - CEO & Executive Director

Okay. Thank you so much, and good morning, ladies and gentlemen, and thank you for joining this Anglo American Platinum briefing call at such a short notice. I'm joined here today by Craig Miller, our Finance Director.

You would have seen that since announcement that we've released this morning that we have made the preemptive decision to close ACP B units following a series of water leaks. We have been indicating through the year and again in our Q3 production report on the 22nd of October that the ACP B has been fragile since start of early in the year. We have increased the monitoring control and controls around our ACP Phase B units to be able to continually assess the condition of the converter plant. And

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