Sylvania Platinum Share Discussion Threads

[davebowler] 10/2/2021 11:37

ADVFN is blocking my link to Bullionvault !

[davebowler] 10/2/2021 11:35

Yes it seems to have hit a 5 year high in £s [...]

[thelongandtheshortandthetall] 10/2/2021 10:29

Platinum is having a great run.

[zangdook] 10/2/2021 01:29

"Thieves Nationwide Are Swiping Catalytic Converters"

[podgyted] 09/2/2021 20:04

Yeah THS is a bit of a conundrum. Keeping my stake there small until it starts to move again (in the right direction). Does seem to have the advantage of having the entire chrome to PGM cycle.

Anyway a good day here - just nervous about the dividend announcement at the interims.

[davebowler] 09/2/2021 16:13

I'm surprised Tharisa is a bit subdued. Having said that I prefer Sylvania.

[risa5] 09/2/2021 14:04

Reliable power is a problem in South Africa

Pan African Resources plc (LON:PAF) is to build a 10 Megawatt (Mw) solar power plant at its Evander Mines operation in South Africa.

The gold miner said the project would cost R140mln (£7mln) and be the first of its kind in South African mining.

Construction will commence in the first quarter of 2021, with first power expected in the third calendar quarter of 2021.

German group juwi will build the plant having already constructed six solar plants in South Africa and 1700 solar plants globally, said Pan African.

The plant at Evander will use previously disturbed land with a calculated payback on investment of under 5 years.

If successful, Pan African said it would consider expanding the Evander Mines plant to provide a clean energy feed to its Egoli Project and also might build a similar plant at the Barberton Mines.

[interceptor2] 09/2/2021 13:45

The link below is well worth a look. Particularly the recent history of Palladium and the reason it increased four fold since 2017, The guest sees a potential similar situation now with Platinum which is by volume 61% of SLP production.

[dicktrade] 09/2/2021 13:07

CT

Thanks for that info.

Richard

[castleford tiger] 09/2/2021 11:22

Hi Guys
I bought 200k yesterday ( at 105p; ). No idea re the other.

Nice to see some people I know over here.
Been doing my DD for a while on this.

I see a good upside potential

tiger

[carcosa] 09/2/2021 10:53

Solar power. Not until the law in South Africa is changed. It is (unbelievably) illegal to generate power. That law was meant to be changed this year.

Generators.. see the last Annual Report. Big downside is the cost. x4 more than Eskom.

[kennyp52] 09/2/2021 10:39

Solar power plant would be worthwhile looking into . They have the cash and it will yield consistent power supply and Laos cut their fuel costs substantially . Don’t know if such a plant can yield enough power but even if it contributes a high percentage and keeps things moving it might be worth having an assessment . Don’t they have generators?

[corrientes] 09/2/2021 09:39

Power means electricity to operate the operation,and the fact is that no matter how high pgm prices go, if there's no revenue, there's no bottom line profits.Fact.

You can never recapture time !

[kinbasket] 09/2/2021 08:43

Power shortages are a massive problem in SA. They have daily load shedding all over the country. The power goes off for up to 8 hours a day. It's been going on at one level or another for decades. Industrials have a priority over households but it's worth keeping an eye on.

[thorpematt] 09/2/2021 08:41

Interim Results 22nd
Investor presentation 23rd


Pd 14% on the month
Rd 18% on the month
Pt @ 5year high

Should be pretty good

[wilfieboy] 09/2/2021 08:38

Mr Stephens, the comparison is Q2 20 vs Q1 20. Production up 2%, basket price up 17%, but revenues only up 5%. Difference largely down to Adjustments.

[wali19] 09/2/2021 08:32

Electricity I guess, as it was mentioned as a issue in the interim statement.

[cb7] 09/2/2021 08:12

CT, welcome, definitely undervalued compared to the ridiculous overvaluation of J2.

[farnesbarnes] 09/2/2021 07:56

Tiger - which of the two 200k buys yesterday was yours? Or both?

[gilotron] 09/2/2021 00:59

What do you mean by power constraints? Electricity or fuel for the Mines?

[freddie ferret] 08/2/2021 22:53

Power constraints?
So let us assume that no more is dug out of the ground or extracted than last time.
If the metal price doubles that still means double the revenue.

You need to think more clearly

[corrientes] 08/2/2021 22:09

Interims should be fine, but I'm concerned about the ever present dark cloud of power restraints. If the company believes this can be dealt with successfully, then indeed we will see a substantially higher share price, but until then the sharp discount will continue to be a drag, no matter how high PGM prices go. Fingers crossed.

[doobz] 08/2/2021 21:50

An interesting overview of prices, supply and demand if anyone’s interested