Sylvania Platinum Share Discussion Threads

[ileeman] 07/7/2016 09:51

Platinum on yearly highs and looking to go alot further imo

[dandadandan] 07/7/2016 08:31

It looks like they may not be finished with those sales.
Ask yourself why would you sell unless they really need the cash.

Those cash calls from London could shake up the market, so being careful is the name of the game for the time being.
A second wave of brexit madness could bring market mayhem

It is time to watch and be careful with this share price rollercoaster.

Be alert IMO. The risk factor is rising

GLA.

[dandadandan] 07/7/2016 08:02

Platinum UP again. Precious metals is the place to be, at the moment.
It looks like Audley may regret those sells, but when the cash call comes you have to act.
These are not normal times in the market.

All we need now is an indication of those quarterly results.
Will this BoD react soon or have they all gone asleep.

It is time to look after your shareholders.

GLA.

[canigou2] 06/7/2016 23:32

As a low cost producer, I've always felt SLP was a leveraged play on the price of platinum. Platinum is climbing quickly as the market buys into precious metals in this time of uncertainty. Up ~ $150/oz in the last 3 months. This trend will continue imho. The distressed selling by Miton is holding this down. This is a real 'gift' for investors which won't last forever.

Conservatively, I'd estimate another $3-4m will have been added to the net cash last qtr and maybe as much as $5-6 will be added this present qtr. That's on top of current $7m cash. Undervalued with a possible dividend imminent. If the market doesn't correct the share price soon, we will be taken out by a predator IMHO. GLA.

[randowiggum] 06/7/2016 16:27

They may have had to declare as they went through a % point.

[on target] 06/7/2016 16:20

Audley may just be profit taking - sold 1m today and declared in the same day - not what usually happens when you're selling the lot.

[randowiggum] 06/7/2016 15:48

I very much doubt it. The company reports quarterly so information is very frequent to us all. The company is at a steady state and all to watch out for is the platinum price.

I imagine that institutions just arent too bothered about junior minors these days...lets be honest SLP has some big names on the share register that seem to be a hang over from the boom days. No surprise they are using the good liquidity now to move out.

I just wonder if there is anything SLP can do, or do we have to wait it out...

[maytrees] 06/7/2016 15:27

I agree randowiggum but hope that institutions do not have info unavailable to PIs!

[randowiggum] 06/7/2016 15:25

Immensely frustrating, the company is doing everything it needs to on the operational front. The platinum price is going up.BUT we have big selling from institutions dampening the share price rises. First Milton and now Audley. I wonder if the company can use its cash to take out this overhang.

[mick113] 06/7/2016 12:32

Fantastic!! Heading much higher over next couple of sessions. My first target top slice around 12p or more, which is coming IMHO.

[eye2] 06/7/2016 11:44

its fighting its corner is SLP (:

[eye2] 06/7/2016 11:44

mmms hungry for your shares .. anyone with sell limits?

[ileeman] 06/7/2016 11:43

Strange share

As if they shake it down then a large buyer reloads.

[blue sky territory] 06/7/2016 11:41

Hope you lot bought that dip!?

[dandadandan] 06/7/2016 11:13

'Short Sell Against the Box'
Is this the new computer strategy to shake you off?
Someone suggested that it could even be used as a strategy for a possible take over buyer.
Who knows? BoD......

Keep watching and sit tight IMO.

But remember this Mcap is just too low.

GLA.

[zac_mo] 06/7/2016 10:53

Good start but seller still around. ...

[blue sky territory] 06/7/2016 10:34

Oh yes Leeman!

[ileeman] 06/7/2016 09:39

Platinum going nuts again, gold broken a major resistance level which means it will drag platinum up even further over coming weeks/months.

Where is the risk with platinum continuing up? SLP still has not really moved at all compared to other platinum producers so big moves still to come.

[dandadandan] 06/7/2016 09:04

UK Pound being shaken.
Waiting for the US market later today.

Gold, silver, platinum should go Up.

Good news here.

Still watching for that sellers tactics.

GLA.

[effiert] 06/7/2016 08:35

breakout and all buys

[eye2] 06/7/2016 08:07

no big seller here today mms reacting to small buys (:

[dandadandan] 05/7/2016 22:00

Just been reading about - 'Short Sell Against the Box'.

Has some 'bright merchant' worked out a strategy for its use here?
(No SLP declarations on that short tracker web site).

Miton are down to 4.76% by that last RNS.
Now just look at the SLP volumes traded in the last 2 months.
Distressed sellers or reorganising those funds to transfer elsewhere.


I have a gut feeling that this stock share price is being held for a reason?
297m shares - but just how many are in free float?

Platinum Up and results due soon.
(Un Liberating actions happening IMO).

Lets see what unfolds.

GLA.

[zac_mo] 05/7/2016 18:25

Down nearly 10% someone still happy to offload stock at this price. ..how low will they take it? ??

[shokty] 05/7/2016 12:58

I've taken a largish stake for me here yesterday and today ...this should be much higher IMO based on cash in bank, no debt, production growth and of course current platinum prices ...multibagger 😀