Sylvania Platinum Share Discussion Threads

[dougmachin] 25/3/2021 12:14

Any views on this, or just a top up opportunity?
Thank you
DM

[corrientes] 25/3/2021 08:02

but look for huge divi, but not a share price that actually reflects the Rh mineral content, though that would be nice.

[thelongandtheshortandthetall] 24/3/2021 22:04

It was definitely the very high Rh content of the basket that drew me in freddie.
Then Rh just kept going up!
:)

[freddie ferret] 24/3/2021 21:40

SLP is not really about PMG, far more just Rh.
Financially the contribution from the other metals is not as great.
Basically Rh 13% by weight but vastly more by price per oz. In the case of Platinium less than one twentieth of the price of Rh. Pd around a tenth the price of Rh.

[farnesbarnes] 24/3/2021 19:43

Nornickel's flooded mines are now being estimated at 12 months to clean up, not the 3 to 4 months as initially advised. If true, will support PGM for a while longer.

[freddie ferret] 24/3/2021 15:34

Rh down $1500 a little while back. Pt and Pd are up, the first time in a few days.

THS, JLP and SLP are all off a bit.

[freddie ferret] 23/3/2021 19:11

Rh down $500 today.

[zho] 22/3/2021 16:34

Rhodium ETF - see

[freddie ferret] 22/3/2021 16:28

Just crossed my mind.
Do IG or any of the other spread betting cos run a book on Rh?

[freddie ferret] 22/3/2021 16:21

Aye.
I have often wondered about a futures market.
My guess is a cfd market almost certainly exists.
If there are Rh etfs that raises the question of the "renting out of metal".

I'm not very worried about this, if the fundamentals are there then Rh will keep going up come what may.

[eggbaconandbubble] 22/3/2021 13:45

Do they or can they sell forward supply contracts. i.e. can they sell a contract for supply in six months say at todays prices?

[primarch1] 22/3/2021 13:23

Yer just saw that see if it pushes onwards

[thelongandtheshortandthetall] 22/3/2021 11:37

Rh $30,000 on metals daily... Just sayin :)

[eggbaconandbubble] 22/3/2021 07:25

Well said Fred. "We want Freddie for our leader, Freddie is a man of class...."!

[freddie ferret] 21/3/2021 21:24

Derampers come in many forms I have found from experience.
Some blatent.
Some trying to create discord on a thread.
Some childish.
Deramping this is like trying to make water flow uphill, a waste of time.
The fundamentals are so strong, they revolve purely around the market for Rhodium.
The % of the basket is around 13% Rh, given the price of Rh at coming close once again to $30,000 it is not rocket science to see that given the highest price of any other basket metal is for Iridium, at less than $6000 an oz and Iridium being less than 2% of the basket.....
Some are excited about Pd, a bit shy of $3,000 an oz however the % Pd in the basket is only in the mid twenties, do the maths. Pd around a tenth the price of Rh and only around double the quantity.
Some are pushing the idea that Pt is due a rise, I disagree, Pt is an investment metal, it moves with gold, but the production of Pt is governed by demand for Rh which is in shortage of supply. So basically there is more Pt being produced than can be sold at a decent price, hence its low price wrt gold on a historical basis. Large quantities of Pt are locked up in vaults it is only partially an industrial metal.
Some say what about new uses for Pt? Electrodes for hydrogen production? Yes a bit, however there are other ways of producing hydrogen than electrolysis which is energy inefficient. Dig around in past posts on Skinnys TECH thread.

FWIIW the posters that have left here are still posting on "Chat Boards" elsewhere, they all left here on mass, a gang or multiple avatars?
Most normal people do not sell a share because they do not get on with somebody on a bulletin board, if they do, they are rather silly.

The investment case for SLP has always imho been stronger than for THS or JLP, it really comes down to the reliability of profits growth. Perhaps you could argue that THS has greater room for improvement, however will it?

For what it is worth I sort of agree with hpcg's post 4956 re consolidation, however I part company with him on Pd, atm imho Pd is not relevant, it all comes down to Rh which I believe is still very much on the up. The reality is it will keep going up until some catalytic converter manufactures withdraw from the field, that maybe at $40,000 or $100,000 or $250,000 an oz. Some in the business will know what is the minimum amount of Rh required in a converter to meet the requiremnts on NOx emmissions, some will know what the maximum price is that can be sustained for catalytic converters.
I believe, though I cannot support this with evidence, that it may be possible to build a converter that meets the standards, and uses less Rh than today, however has a far shorter effective service life.

Anyway, it's Sunday and an early night would be good news.
Have fun watching the Rh price next week!



martinfrench
21 Mar '21 - 12:25 - 4955 of 4957
0 1 0
kazoom,

responding to that morons accusations....implying i'm trying to get the price down.

dont need anymore slp, am building more in ths these days.

[stemis] 21/3/2021 21:00

If commodity prices stay at these levels then, even if the market doesn't want to value the company on it's profitability, the sheer build up of cash will become irresistible. In H1 cash may have only gone up by $11m, but that's because working capital (mostly debtors) i.e timing difference, absorbed $40m. That's an annualised cash (or quasi cash) generation of around $100m a year. Further commodity price increases could add up to $50-100m to that. Starting at around $120m, for how long can we accumulate cash at the rate of $100-200m a year and still be valued at $460m?

[epicsurf] 21/3/2021 14:01

Hpcg a very good analysis of where we are at the moment

[hpcg] 21/3/2021 13:33

FarnesBarnes - the edge here is patience. I say that because many potential investors are put off by the run up from 40p to 120p. Equally many people will take profits for the exact same reason. I would say we are in a perfectly conventional period of consolidation. At the same time the company will have at least a few months of super-normal Palladium profits to increase the margin of safety. I don't personally see the similarity with Rock Rose, but yes, like 99% of listed companies there is no information edge here.

[martinfrench] 21/3/2021 12:25

kazoom,

responding to that morons accusations....implying i'm trying to get the price down.

dont need anymore slp, am building more in ths these days.

[freddie ferret] 19/3/2021 19:48

If somebody bids I think a lot will come in.

Somebody deramping or somebody trying to get the price down so they can buy lower?

As the Rh price goes up, so the likelyhood of a bidder rises if the share price stays where it is.

[kazoom] 19/3/2021 19:18

err martin - wtf r you on about?

[freddie ferret] 19/3/2021 18:16

I actually think you had an agenda when you said that.
Most realise that the bid/offer spread is to be treated with a certain amount of humor and always check out recent past trades to discern what is actually going on.