RE: Still long and Sagee, My opinion is that the price of palladium is the single most important factor. As for Anglo, I think their experience as a pgm producer and their perception of what is economic is lower than what most of us in North America think. I also believe that Anglo is geographically diversifying to limit their exposure due to the politcal risk of Africa (keeping in mind that the RSA is probably the most stable on the continent).
To sum up. IMO Anglo has a much higher opinion of River Valley than the market!