Sylvania Platinum Share Discussion Threads

[metis20] 25/2/2020 17:11

post#2377 -

Using current Kitco bid prices, the Pt:Pd:Rd split by revenue is 21%:24%:54%

[preciousm] 25/2/2020 17:07

Thanks eeza

[eeza] 25/2/2020 17:05

See post 2209

"Mr Stephens - 21 Feb 2020 - 08:39:42 - 2209 of 2380 Sylvania Platinum - SLP
Thank you fir that extract TFC
What they seek to miss is rhodium
Whilst it is 14% of SLP PGM basket in ounces it represents over 50% of the revenue
Palladium is high too at 26% of produced ounces"

[preciousm] 25/2/2020 17:00

Thanks Gary, I had read 9% rhodium but that might have been quantity.

[gary1966] 25/2/2020 16:54

Over 50% at current prices for Rhodium and Palladium I believe is 25%+.

[preciousm] 25/2/2020 16:41

Chinese car sales down 92% in Feb, likely to have a knock on effect to Palladium and Rhodium prices?. Rhodium hit a new high today. Platinum has been falling this week.
Does anyone know the split in revenue for SLP?

[stoodio] 25/2/2020 15:03

I'd expect us to settle into the 53p-65p range until Q3 results tbh.

[plat hunter] 25/2/2020 14:53

Spread just drifted and was immediately sold into.Candles are showing a bearish reversal

[davebowler] 25/2/2020 14:53

Just noticed there is an ETF of Physical Rhodium -

[stoodio] 25/2/2020 14:47

They don't RNS right away

[gary1966] 25/2/2020 14:46

I do because they would have had to RNS.

[stoodio] 25/2/2020 14:16

You don't know there hasn't been! There were a few chunky buys over the past few days.

[gary1966] 25/2/2020 13:36

Somewhat surprised that there haven't been any share buybacks over the last week with the elevated volume levels we have seen. Upside is that we still have that to kick in to support the price. Can't remember if there were price restrictions attached to the buyback program which would probably explain no buying.

[parob] 25/2/2020 13:35

The closing trade on Friday was 63p but the actual spread was 61-62p so we could be looking at a closing ATH here very soon, possibly today.

[nimrod22] 25/2/2020 08:53

hxxps://www.sharecafe.com.au/2020/02/24/palladium-shines-as-commodities-shake-off-virus-fears/

[chimers] 25/2/2020 07:59

COMPLETE MORON^^^

[parob] 25/2/2020 07:52

Rhodium, Palladium and Platinum prices remain high. FTSE and DOW futures looking positive. Hoping to see this recover and continue to new ATHs over the coming sessions.

[nickwild] 24/2/2020 22:08

I've filtered Chimers but would point out he is incorrect in many of his statements.

The death rate is not yet known.

This site gives a lot of details on the epidemic.

hxxps://www.worldometers.info/coronavirus/

[mr stephens] 24/2/2020 22:06

From info mine

PGM holding its own

SLP basket price on these numbers approx $4700


Platinum
USD/ozt
965.73
-10.00
Palladium
USD/ozt
2,642.95
-83.63
Iridium
USD/ozt
1,510.00
0.00
Rhodium
USD/ozt
12,800.00
100.00
Ruthenium
USD/ozt
250.00
0.00
KEY: TRADING | LAST CLOSE
DATA README

[barnaberible] 24/2/2020 20:55

Chimers - there are over 2,500 companies listed on LSE, many of which are far more vulnerable to the risks posed by Covid 19, I would also say that (being this is a mining stock)many investors here are also heavily hedged with gold

So why on earth are you constantly posting this stuff on the bb of a £170m MCap company?

[mr stephens] 24/2/2020 20:29

Chimers
Thank you fir your constant advice re works matters
This is an SLP group
How about we focus on that
Make your comments specific with financial modelling to support your hypothesis
Otherwise please just stop
We’ve all got your message
Have a good evening and enjoy your family
I’m sure your big into health shares and face masks

[chimers] 24/2/2020 20:14

Experts say the international community is concerned about the virus because so little is known about it and it appears to be spreading quickly.

It is similar to SARS, which infected 8,000 people and killed nearly 800 in an outbreak in Asia in 2003, in that it is a type of coronavirus which infects humans' lungs. It is less deadly than SARS, however.

Another reason for concern is that nobody has any immunity to the virus because they've never encountered it before. This means it may be able to cause more damage than viruses we come across often, like the flu or common cold.

Speaking at a briefing in January, Oxford University professor, Dr Peter Horby, said: 'Novel viruses can spread much faster through the population than viruses which circulate all the time because we have no immunity to them.

'Most seasonal flu viruses have a case fatality rate of less than one in 1,000 people. Here we're talking about a virus where we don't understand fully the severity spectrum but it's possible the case fatality rate could be as high as two per cent.'

If the death rate is truly two per cent, that means two out of every 100 patients who get it will die.

'My feeling is it's lower,' Dr Horby added. 'We're probably missing this iceberg of milder cases. But that's the current circumstance we're in.

'Two per cent case fatality rate is comparable to the Spanish Flu pandemic in 1918 so it is a significant concern globally.'

[petewy] 24/2/2020 19:18

Put Chimers on filter. What I've done

[chimers] 24/2/2020 19:07

The UK expects 1.2million deaths from it, the flu causes 16'000.

I think you can see where you're going, wrong lad.

Try this and educate yourself.(slim hope)