News

July 09, 2009

Colin Bird's Jubilee Platinum Steps In To Put Braemore Out Of Its Misery

By Alastair Ford

Let’s face it, the London market will be better off without Braemore Resources. Not that anyone of real significance has ever had anything bad to say about the company’s latter-day chief Leon Coetzer. But, according to the way of thinking of Colin Bird, the man who’s about to put Braemore shareholders out their misery once and for all, Leon was dealt a difficult hand to begin with, and he played it as well as anyone could.

As far as the London end was concerned, he wasn’t helped by the mysterious way in which his predecessor Hamish Bohannen suddenly upped sticks and left, fairly soon after a hefty round of promotion. From his Johannesburg office it took Leon a while to pick up the baton as far as London was concerned. Nor was he helped by his company’s own inability to get its phone numbers correct. Anyone not understanding Braemore’s revolutionary platinum and chrome smelting technology (and there are plenty)...