Sylvania Share Discussion Threads

[arja] 05/11/2010 13:08

actually up a touch today for a change !

[azalea] 05/11/2010 12:40

I think the deal struck by IFL in today's announcement, has made PI realise how far ahead SLV is in the process.

[azalea] 04/11/2010 12:24

Platinum up $37 @ $1740oz

[drewz] 04/11/2010 10:17

Next year will be SLV's year as rapidly rising free cashflow kicks in.

The market will get behind this share then and we will blast through 100p, as per price action in first 6 months of 2009.

[azalea] 04/11/2010 09:20

Platinum is up $26 @ $1726. Higher demand, Lannex production ramped up Q2 and Jubiliee/SLV conroast deal gives plenty of scope for SLV to improve its share price in 2011.

[arja] 04/11/2010 09:06

patience is an understatement . Even went lower 5 cents lower than UK close in OZ where I hold some stock ! Bull market in metal stocks no help to this stock .

[harmonics] 04/11/2010 09:00

Turbo
It'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.

[pomp circumstance] 04/11/2010 08:19

Disssssssssappponted!!

[azalea] 04/11/2010 08:07

3/11/2010.The IC reports that with palladium having risen 60% this year on the back of a recovery in the automotive markets, analysts are now beginning to quantify a similar future price driver for platinum, namely the emissions legislation relating to heavy duty diesel (HDD) vehicles.

[turbotrader2] 04/11/2010 08:05

what is wrong here?

platinum soaring SLV tanking????

[azalea] 03/11/2010 08:47

Resistance by the major holders who have everything to pay for and in the light of its propsects 2011 and onwards, any approach todate has been inadequate.

[turbotrader2] 03/11/2010 08:15

if this is goin to produce as much as those suggest then why is it independent?

[azalea] 03/11/2010 07:56

A George Soros Hedge Fund must have its reasons for upping its stake in PLG by 933% to 15.5m shares,overall,it must suggest a vote of confidence in demand and prices for platinum.

[contrarian2investor] 02/11/2010 19:30

Hi all,

Well it would appear that George Soros expects further appreciation in the platinum commodity space. So here's hoping that such backing of PLG (and the metal) can rub off on SLV.

George Soros Boosts Platinum Group Metals and Female Health Company Stakes



c2i

[azalea] 02/11/2010 17:51

FY ending June 2011 -40,000oz x average $1050/net production = $42m. Those sort of figures should propel the share price out of its current trading range.

[mrpoisson] 02/11/2010 16:05

Takeover announcement :)

[turbotrader2] 02/11/2010 16:02

does anyone know of any catalysts that may get this out of this trading range?

[azalea] 02/11/2010 12:32

2011 will be the acid test, when a number of projects will be in full flow. Reading back through an IC article (16/7), on the outlook for platinum etc, SLV was highlighted as ticking the various boxes on investment criteria. Societe Generale was mentioned - suggesting that platinum prices could drift from $1530 back towards $1100oz. Some drift.

[azalea] 02/11/2010 09:43

Sold 729,601.( Now holding 8.32%)

[turbotrader2] 02/11/2010 08:15

any idea if they added or decreased?

thanks

[turbotrader2] 02/11/2010 07:39

who are odey?

I cant find a previous holding RNS

[azalea] 01/11/2010 12:59

Getting Lannex to produce at design capacity in just 8-9 months time, is excellent news. Details of the Jubilee & SLV Alliance to be announced in in 2011. Higher platinum prices, increased production and lower costs augurs well for SLV numerous projects in 2011 and beyond.

[abudhabitrader] 01/11/2010 08:16

Just been reading the Qtr update and the bit I find disappointing is the following:

On 30 July 2010, Sylvania announced that the water licence for the new tailings dam had been granted by the Department of Water Affairs and construction of the new tailings dam has subsequently commenced. The construction timeline has been reassessed and ramp up to full design capacity is expected to start in Q3 FY'11.

Quite a delay for Lannex (6 months) to be at full capacity and see why the market didnt like the results so much.

Although this was pleasing

The Doornbosch plant has a design capacity of 20,000 tons per month, however due to the limitations of the Doornbosch underground mine which feeds the Doornbosch PGM plant the maximum current rising expected during the next quarter has been estimated at 7,000 tons per month. Despite this, PGM ounce production is expected to improve.

So they should hit 40,000 tonnes per year by June 2011.