Sign in

    Mark du Toit

    Principal and Equity Analyst at Oystercatcher Investments

    Mark du Toit is a Principal and Equity Analyst at Oystercatcher Investments, specializing in South African long/short equity strategies with deep coverage of companies such as Harmony Gold Mining, Momentum, Standard Bank, and Spar. The Oyster Catcher RCIS Long Short Retail Hedge Fund, under his co-leadership, has delivered an impressive net annualized return of 28.3% since its October 2019 inception, including a standout 40.69% net gain in 2021 and a nomination for Best Long/Short Equity Fund at the 2021 HedgeNews Africa Awards. Du Toit began his hedge fund career at Courtney Capital, where he launched the Prime Multi-Strat QI Hedge Fund and achieved notable sector recognition before joining Oystercatcher. He holds both the Chartered Accountant (CA(SA)) and Chartered Financial Analyst (CFA) designations, reflecting strong professional credentials.

    Mark du Toit's questions to HARMONY GOLD MINING CO (HMY) leadership

    Mark du Toit's questions to HARMONY GOLD MINING CO (HMY) leadership • H1 2023

    Question

    Mark du Toit of Oystercatcher Investments requested a timeline for the Eva Copper project's feasibility study and asked for clarification on whether the company was still successfully managing load curtailment in the most recent month.

    Answer

    CEO Peter Steenkamp confirmed that Harmony is still managing the impacts of load curtailment, though it requires a massive daily effort. Regarding the Eva Copper project, he stated the feasibility study should be finished around September, with a board decision on funding and scale targeted for the end of the calendar year, expressing confidence in securing financing.

    Ask Fintool Equity Research AI