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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sylvania | SLV | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 48.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 48.00 | 48.00 |
| Top Posts |
|---|
Posted at 17/12/2010 19:14 by blueyes2 We should see some new year share recommendations from various tip sheets and newspapers and Investors chronicle / shares magazine and i wouldn't mind betting that SLV will get a mention somewhere!-The shares are clearly oversold at current levels and it only needs some buying to get them moving upwards again!--fingers and legs crossed we shall see some buying action in the early part of New Year guys!--LOL! |
Posted at 26/11/2010 14:29 by bizz2bizz CHECK THIS OUT...'GAME CHANGING'Metals & Mining 26 November 2010 Sylvania (SLV) Price: 45.25p Target Price: REVIEWING Recommendation: BUY Market Cap: £113m Sylvania and Jubilee finalise a route map for the development of the Volspruit deposit Sylvania and Jubilee have entered into a Smelting Agreement that seeks to expand on the existing co-operative agreement that the parties signed in February this year. The new deal outlines a framework whereby the two parties have agreed to: 1. Extend their joint investigations into commercialising the exploitation of PGM-bearing resources at Sylvania's Volspruit property (Northern Limb), which will involve the smelting of the concentrate product using the Jubilee ConRoast Technology. 2. Set out a timeline for the achievement of technical study milestones, which will be undertaken by a new 50:50 JV company which will carry out o Scoping study for the exploitation of the Volspruit Project - to be completed by 28 February 2011. o Pre-feasibility Study to be completed by 31 May 2011 (c. ZAR2m cost). o Bankable Feasibility Study to be completed by 31 January 2012 (c.ZAR5m cost). Comment This is good news for Sylvania, which, despite having a more aggressive forecast production profile than almost all of its peers (from existing operations) - reaching record production levels a few weeks ago (and the rally in PGM prices), has unperformed over the last six months. The company's market value completely ignores any of the growth prospects from its Northern Limb assets. With this latest announcement, investors now have a clear roadmap outlined for the development of the Volspruit Project (the first of Sylvania's Northern Limb Projects). If the Feasibility Study proves the project is economically viable, the implied value of its Northern Limb assets could prove 'game changing' for Sylvania. There are, of course, additional hurdles on the route towards commercialisation of the Volspruit Project; most notably, the shortage of power allocation for a new large-scale smelting operation in the Bushveld. However, as we have outlined before, this might not prove as tricky as some commentators might think. Why not? We think that the answer might lie in a partnership with Samancor Chrome (which has already taken a 19% direct equity interest in Sylvania), as the former owns a large amount of idled ferrochrome smelting capacity in the Bushveld and possesses the necessary power allocation, environmental permits and furnaces that could/might be retrofitted for ConRoast Technology. Recommendation We are currently reviewing our target for Sylvania as we don't think that any value is being attributed to this asset at the moment, and we think it deserves more than an acquisition valuation within our SOTP valuation. Why do we think this? The short answer is that our confidence in the commercial viability of these assets is growing because: · The ConRoast met test-work on Volspruit asset is clear (75% recoveries have recently been achieved). · The strategic alliance with Jubilee Platinum (the owners of ConRoast) is cemented. · Samancor Chrome owners (IMR) now own a 19% interest in Sylvania. We think this stake could provide an imperative for Samancor Chrome to supply technical DC smelting advice and potentially power and capacity allocation at one of its idled furnaces in the Bushveld (which could be retrofitted to run with a PGM concentrate feed rather than a chrome concentrate). We expect to produce a full note on Sylvania shortly. Ambrian acts as Nomad and Broker to and as a Market Maker in this company |
Posted at 26/11/2010 14:02 by arja bit of a nonsense to say that aussie investors or punters will not get involved so much as it has low volume there now ! also , they will invest of they think they will make money even if it was domiciled in MARS ! ( smile ) |
Posted at 07/11/2010 18:02 by blueyes2 Guys--Very bullish article on future outlook for Platinum in Investors Chronicle on 5th November--demand is forecast to increase by 20% over next 4/5 years--all very good news for SLV long term holders!--LOL-the shares are still very very undervalued at these levels @50p! |
Posted at 04/11/2010 09:00 by harmonics TurboIt's not exactly tanking is it? I don't know why the market has not warmed to SLV?, maybe the investors are waiting for proof of the forecast mines coming on line and the subsequent realisation of outputs. Without news this could drift down to 45p which seems to be it's support line. Mr White always said patience is required. |
Posted at 29/10/2010 16:07 by fjp73 Good Afternoon Corrientes, now lets break that down shall we. As I invest disproportionaly in SA and ASX now because the returns in my view are better and the addition of making 8% on currency is also enjoyable.So if SA is a "no no" why is there an increased investment in South Africa? From all the major funds? Yes you pick one and I'll show you they're increasing "NOT" as you infer decreasing BoAML (Bank of America Merrill Lynch), IMS Group (Owner of International Mineral Resources Group), HSBC, BOS (Bank of Scotland) via syndicated loans, shall I go on? This of course doesn't imply SLV will fire off any time soon, but for such a share consolidating it's growth it's certainly got potential. Yes, there are gains elsewhere without a doubt, I've made near 40% in two days on ALO (Alecto Energy) so alas, SLV can just bubble along in the bank ground. Perhaps there's a lesson that patience can or cannot be rewarded, but likewise "statements" are generally not backed up, are they, ever in fact. Luck isn't required where book work is complete and the company is debt free, cash flow positive and at the point of an increase month on month with production. Thus, if you with your flippant comment about "so much more to be gained elsewhere" there is indeed but also so much more to be lost! Many thanks for not actually substantiating anything, you will note I am quite specific about the finances, and to make sure the comment is on topic, I've actually included a very good link about finances and a partner for SLV in the above list of finance houses. So I await your analysis of SA as a no go area but I wont hold my breath. Just some thoughts, Now lets look at the SA Government and their most recent policies which have clearly focused on fiscal and monetary discipline to avoid being impacted like other countries. Inflation should actually be more consistent but the main points that attract investments are the "low budget deficits" and a currency partially underpinned by commodities. Now you're thinking what does that mean for a UK investor wanting healthy returns, well I suggest you read the "Industrial Policy Action Plan for South Africa." Some very good benefits for investors there but I wont outline them as I'm "sure" you are fully aware of each benefit, especially for mining and development. One aspect certainly worth consideration is the "tax benefits of setting up or opoerating out of SA, which certainly don't take a myopic view like yourself, more encouraging long-term investment" Yes there's certain complexities like the South Africa Companies Act 2008 |
Posted at 29/10/2010 08:24 by soggy How odd..a little tick down.I'd be surprised if peeps were disappointed with that RNS, can't imagine that there are many who feel they need to bail out. I'm sure there are more savvy investors out there who realise that SLV is now back on track to just keep growing. I don't expect any whoosh, but I'm pretty confident that we'll see this steady recovery just keep on going and going. Come back next year, and see where we're at! It ain't gonna be anywhere near the 50p mark, I suspect. |
Posted at 22/10/2010 06:18 by fjp73 Good Morning,I don't think the end of September Quarter update due by end of this month will say anything new; it'll be January that is the turning point with Lannex fully complete and all other ramp ups finalised. What investors should be looking for is a 30% increase in production numbers to just over 10K per quarter, rising to 12.5K ounces end 2011. I think it's on slide 25 which shows a realistic target for production with Volspruit is around 24 months away, however the underpinning factor is the 50% increase in production from now through to end 2011...although I believe there's other news along the way as Everest North I believe will be quicker than planned. More interesting, I suspect there will be a slide first thing judging by the ASX (Australian Stock Exchange) Today might be an opportunity to open the odd CFD / Spreadbet in my view...then again, apparently it's not the done thing :-). TC Fraser |
Posted at 18/10/2010 21:18 by fjp73 Contrarian2Investor, a nice common-sense approach. The market rarely sees value in comparison to when the investor does, that's why I spend a good percentage of my investment time in loss lol...Such is life! ATB Fraser |
Posted at 17/5/2010 19:51 by smelleroo stu,whilst the fortunes of jlp and slv are tied, the share prices aren't. you really cannot compare the quality of the investor base with henderson adding as evidence by today's rns. investors are mainly institutional here whilst jubilee is mainly private investors! not really following jlp at the moment as too excited here and just keep buying. think things are going to get really exciting here sooner rather than later!! smell |
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