Sylvania Platinum Share Discussion Threads

[plat hunter] 29/11/2020 09:34

*but with plat going the other way

[plat hunter] 29/11/2020 09:00

Whitefish calmdown... it's only an interpretation of macro trends.Have you really thought about what would happen to the basket if Pall and Rhodium pulled back but with Plat. If you did, i think you'd find you be considerably better off.In an EM rotation you need to consider what countries purchase what metals, because a cheap dollar makes them more viable... I'll give you a clue, Pall and Rhodium won't feature in such a trade, hydrogen and euro 7 is another decade away.

[thelongandtheshortandthetall] 29/11/2020 08:59

FWIW I believe this rise in Rhodium is dissimilar to previous spikes.
The Rhodium price was shooting up just prior to covid but unlike all the other temporary spikes over the last 40 years the Rhodium price has not only gone back up, it has now surpassed the recent pre covid highs.
I don't know exactly what the combinations of factors are that are causing the demand but to me it looks like those factors are still having their effect - esp as they were not caused by nor diminished by the broad effects of covid.
Supply isn't matching demand and from my 'very limited' research it appears one cannot immediately produce more rhodium as required.

Platinum pays the bills, everything else is pure gravy :)
Might be fun for a while yet.

[whitefish] 29/11/2020 03:50

Plat Hunter - do u have any knowledge of surplus /deficits in Rhodium and Palladium, and factors expected to impact demand and supply over the next 2 or 3 years? Clearly, not!

Out of interest, what average price do u forecast for Rhodium and Palladium for 2021/2022 and 2023?

Thanks and good luck.

[plat hunter] 28/11/2020 23:40

Take a look at the 10y platinum v gold chart, huge rerate due for PlatinumYou can expect Rhodium and Pall to collapse though, it always does... Platinum at 2.5k is worth Pall and rhodium hitting the floor because of the basket weighting though.

[kennyp52] 28/11/2020 21:21

If gold rises what will happen to PGMs Plat ? 🤷‍a94;️

[plat hunter] 28/11/2020 09:41

Gold gold gold kenny 2.5k coming

[kennyp52] 27/11/2020 21:57

Took 80% out Plat .. gone cash again for a breather. CEY ; JLP ; SHG ( probably for good ) .. got a nice profit on this over 15% plus the dividend to come but market just feels like it’s biased against the miners .. for no good reason IMO but miners are just not being valued for some reason ... so what the fek is round the corner ?? Left 2,000 shares in just to keep a daily eye on the share price and when the market starts waking up to true values of some of these I’ll be keen to jump back in .

[scooper72] 27/11/2020 16:43

Glad to hear you have that effect on stock prices.

[thelongandtheshortandthetall] 27/11/2020 13:56

Just bought in.
It can go up now - thank you very much :)

[martinfrench] 27/11/2020 12:07

i reckon another 1p for the retrace to be over, will add some more at that level, or shortly after div pay date 4th dec

[stoodio] 27/11/2020 10:43

Doggystyle

[kennyp52] 26/11/2020 21:30

Dog tired ?

[whitefish] 26/11/2020 17:01

Not a chance - re learning about the Dividend (or an update) until January with the Operational Report or February with the formal Half Yearly report.

[nimrod22] 26/11/2020 16:38

AGM tomorrow, maybe some news re windfall dividend...

[martinfrench] 26/11/2020 15:01

were consolidating / retracing risa, wont be long before a surge through 80 and hold

[risa5] 26/11/2020 14:50

This should be up today (maybe it will end up today?), all SA gold and platinum companies are up today...

[martinfrench] 26/11/2020 10:47

it would bloody need to be a small amount of rhodium at over 16k an ounce !!!

would like us to process some iridium too but cant have it all :-)

from chemistry days, did burn very nicely that one.

[thelongandtheshortandthetall] 26/11/2020 10:25

Thanks guys. Great posts!

Rhodium seems to be the biggest mover of late.
From my scratching of the suffice I understand a small amount of Rhodium added to Platinum can vastly increase the integrity of the platinum and its uses - meaning less platinum needed for a small about of Rhodium.

Either way I can see the future has uses for the PGMs and it seems to appear that the futures supply is limited.

[martinfrench] 26/11/2020 09:50

thelongshort....

pgm's in my view wont retrace much if at all (and prob keep going)

1. industrial demand high due to legislation, cat converters etc, fuel cells
2. supply deficits
3. increased value due to dollar moves
4. follow on effect if gold moves up
5. historic plat : gold ration 2:1, currently 1:2 (if this goes back to trend look out)

so for all of the above our pgms are a far better place to be in than gold, only potential issue would be 1. changing, but cant see that

we just happen to mine the best minerals in the world, all are incredibly useful