Sylvania Platinum Share Discussion Threads

[mr stephens] 06/1/2021 16:30

You called it Martin

[nimrod22] 06/1/2021 15:56

"Goldman proclaims the dawn of a new commodity super cycle"

[martinfrench] 06/1/2021 15:36

this is re rating at a similar pace to tharisa

will it break a quid this week ?

you wouldnt bet against it

[mo123] 06/1/2021 15:30

Biden’s Administration said it would invest $400 billion over ten years in clean energy.
Big increases in Chinese & US car production forecast for 2021.

Can only be good for industrial metal prices.

[martinfrench] 06/1/2021 15:10

and now cant buy 2k worth.....sigh

[martinfrench] 06/1/2021 15:01

thelong,

nah prefer 78 myself

the real beauty with slp is that it takes a while to break during the day, doesnt fly at the open so you have a chance to buy during day, knowing last nights commods prices, namely rh

only slight downside is the spread on occasion.....

[thelongandtheshortandthetall] 06/1/2021 14:57

Certainly better than knocking around 78p :)
Good.

[martinfrench] 06/1/2021 14:40

Tomorrow should be interesting would think 95 might be approached

some genius on here said as much yesterday :-)

prob wont hold though.....93 close prob

[mr stephens] 06/1/2021 05:46

Rhodium at $19,000

[whitefish] 05/1/2021 21:13

Platinum has just taken out 1 year high, I believe it could have a couple of hundred dollar run from here, to say 1,350, over the next 6 months. I really am not an expert on Platinum but it increasingly gets a mention with regard to Environmental moves.

[martinfrench] 05/1/2021 20:39

Def not me Mr Stephens, I tend to predict short term price moves in slp based on what I see.

If price sluggish on open will be adding

[mr stephens] 05/1/2021 20:22

Whitefish your back. Indeed it was you. Now where is Plat forever the optimist?

[whitefish] 05/1/2021 20:02

I think I predicted the 20,000 for Rhodium!

[mr stephens] 05/1/2021 19:56

Yes Martin did you not predict last month that Rhodium would reach $2000?
Platinum is heading for $1,200 and Palladium $2,500

[martinfrench] 05/1/2021 19:15

Commods already going bit crazy, some huge gains on back of another weak dollar day

Tomorrow should be interesting would think 95 might be approached

[catsick] 05/1/2021 11:08

If SA shuts down again while China is totally fine the pgm shortage will be nuts .....

[metis20] 05/1/2021 10:26

Kitco have no Rhodium for sale - is this significant?!



Rhodium at an all time high apparently - US $17800

[corrientes] 05/1/2021 10:25

I'd buy more but the apparent much easier spread of this new SA corona virus variant puts me off, and which could so easily have a significant effect on production figures, people here maybe concentrating on prices far more than actual output. I think management said as much in the last quarterly report. Hope I'm wrong for they should be coining it now.

Maybe the Market understands this, but then I have a holding in TSG, where there has always been, and so far, unsubstantiated concerns about the mining jurisdiction that it operates in. IMO, they should also have a higher rating, but mining shares are a bit more sober these days compared with some techs, which is good if you don't want the increased opportunity of losing your proverbial shirt !

[martinfrench] 05/1/2021 10:10

maybe rhodium is the new bitcoin and the kids are carrying a few ounces round in their pockets :-)

[martinfrench] 05/1/2021 10:09

bloody hell that is high

[mr stephens] 05/1/2021 10:06

Metals daily Martin
Go to PGM prices
They carry live palladium and platinum and the latest spot price on rhodium and iridium

[mr stephens] 05/1/2021 09:54

Also doubtful anything will be officially released on the dividend until the audited half year results towards the end of Feb

[mr stephens] 05/1/2021 09:52

Kenny are you discounting that in the 1st half SLP will deliver the same as the entire financial year ending June 2020. The PGM basket is moving towards $4000 gross which will increase q3 & q4 profits. The current forward pe as per my earlier post is 2.9 at the present share price. The target price of the brokers and pundits will soon be revised nearer to £1.50. There is one caveat. How will the government deal with covid?

[martinfrench] 05/1/2021 09:48

mr stephens,

18200 ??? i dont see that on jm site, but hope your right