Sylvania Platinum Share Discussion Threads

[mick113] 27/7/2016 22:17

Platinum $1141 oz, very nice!

[woodaldo] 27/7/2016 21:49

I hope I'm right too, I'm unfortunately from the optimistic breed, which sometimes gets you in to trouble investing, somewhere in the middle is probably best. But all the signs look to a good few days ahead, lets hope SLP delivers. I being optimistic, but also looking at the signs from last qtr and pop rising, think the odds are in our favour.

[blue sky territory] 27/7/2016 20:37

Let's hope you're right.

Being the pessimistic sort, I raised my stops to just above break even, should things go wrong.

Which in my experience, they can.

But no one wants to hear about that lol.

[woodaldo] 27/7/2016 20:17

So last basket price was $860...This qtr I'm expecting at least $960.....Next qtr, well who knows but probably looking at it at least $1060...If we kept our cash costs as low as last qtr, there's only one way this is going. News tomorrow or Friday...Peeps will be kicking themselves for not buying in if the RNS lands 7am tomorrow.

[cfro] 27/7/2016 18:21

Yes excellent news Saucepan. It was overdue imo.

Combine the Platinum breakout with a decent set of results....

[saucepan] 27/7/2016 17:02

Platinum breakout - and looks a significant one.

[mick113] 27/7/2016 16:31

Looking very strong, won't take much buying to move it to 10p! Fair value upon coming results 13-16p. After that blue sky!

[blue sky territory] 27/7/2016 16:06

I believe take off commenced last month actually.

[mick113] 27/7/2016 15:28

Very nice indeed! Hope all are loaded up as i think this rocket is about to take off!

[woodaldo] 27/7/2016 15:23

Just a reminder to those who missed it, aimchaos did an analysis on SLP predicting a fair share price of 20p.

hxxps://aimchaos.files.wordpress.com/2016/07/sylvania-platinum-ltd-flash-note2.pdf

If we keep our cash costs down as where they were last quarter and with the basket price hopefully up nearer or just under $1000 (last qtr was $860) then these results should be a sight to behold.

Just a day or two to go...Come on SLP...

[canigou2] 27/7/2016 15:16

ooh .. didn't see that. Platinum with a steep rise to $1120.

The mean platinum price was about +$100 last quarter over the previous, and is likely to be another +$100 this quarter over the last.

With steady numbers and a 15000 oz quarterly production target. It doesn't take a genius to work out what this means for the bottom line of this already profitable producer (yes, +$100 pop = +$1.5m).

Let's hope this week's numbers are as good as we hope. GLA.

[nofool] 27/7/2016 14:52

You put that well.

[rbento] 27/7/2016 14:21

Platinum breaking higher....the stars are aligning for SLP!

[blue sky territory] 27/7/2016 09:17

Bought some more on that dip. Didn't you.

[woodaldo] 27/7/2016 08:02

Well last results were released on the 28th of the month, and I think previous ones were equally late, so its going to be tomorrow or Friday. Hopefully get a little rise now before the results come out, though we do still appear to have that seller around (is Miton still offloading)

[dandadandan] 27/7/2016 07:58

This is the last Wednesday of the month and no RNS at 7.00.
Is it in the post??

Perhaps they may have news that they don't want to release just yet???
Watching out for Friday.

(Is someone 'eyeing' something over hence the delay??
It could be that their accountant needs more time than normal to distribute all of those profits. The last quarter results must be well known by now. Does it take 4 weeks to produce quarterly results. Many do it in under 2 weeks).

It looks like they may have all gone back into an early retirement slumber. Zzzzzzzzzz.......


GLA.

[gotabsirius] 26/7/2016 18:14

Friday I reckon

[my mate marmite] 26/7/2016 17:45

Is tomorrow the big day then?

[donald trumpton] 26/7/2016 10:59

..and the chart for Platinum.

[dandadandan] 26/7/2016 10:44

A real market battle going on. Some spreads are over 1p.
They do not know which way to go.

The afternoon session should be entertaining.

I am just sitting tight on some nice SLP gains which IMO will go even higher in the coming months.
Just look at that chart.

GLA.

[randowiggum] 26/7/2016 10:24

I think there is a real battle between the buyers and the sellers at the moment as the spread on view is 1p at the moment!

Personally i believe the buyers have the momentum and the results will push us over 10p.

[dandadandan] 26/7/2016 08:56

Watch out for the shake and some afternoon movement IMO.
It looks like the herd are taking notice and are probably waiting for that news.
It does not take too much to spike or dip this share price

The charts are still looking good for those steady gains.

GLA.

[donald trumpton] 26/7/2016 08:54

SLP having a moment's hesitation. Stopping for a glass of wine.

..having a slurp.

[mick113] 25/7/2016 17:53

Wow just checking in, amazing this is! Broken out and 13-15p on the table now! Also two big buys there £13,000 each!

Glad i bought more and held tight! Has to be one of the best cash rich and well undervalued stock on aim, ready for full blown out re rate on these results and the results to follow.😀8512;😀