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| Q1 Global PM/PGMs Reviews |
| In our Q1 2003 Quarterly Review
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Key Issues emerging..
Organic.v.acquisition led growth
Mid.cap growth dynamics (Kinross, Wheaton etc.)
Large cap.growth dynamics
Management pressures
Benchmarking leaders/followers
Investor priorities
Sustainability of production
Country Risk management
Disclosure
Leading investors in PMs
Etc., etc.
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