Sylvania Platinum Share Discussion Threads

[bbluesky] 19/5/2021 12:54

Apols. assumed you were a tedious de-ramper with a moniker like that!

[rabiddog] 19/5/2021 10:16

Bbluesky post #5352. You clearly didn’t read the article. Usually best to do this before passing comment.

[eggbaconandbubble] 19/5/2021 08:05

:-) Edited! Better?

[farnesbarnes] 19/5/2021 07:46

Theresa just put out?!

[eggbaconandbubble] 19/5/2021 07:23

Tharisa have just put out what appears to be a very bullish trading statement, although it is made up of a load of 'mumbo jumbo' (is that expression now politically incorrect???)

Hopefully will boost feeling about SLP!

[bbluesky] 19/5/2021 06:48

Rabid - if semis - are in such demand, how come they are underperfoming in the US market and one of the worst sectors? Yesterday's news.

[rabiddog] 18/5/2021 23:01

..this is the one, huge chip shortages at the moment..

hxxps://www.tti.com/content/ttiinc/en/resources/marketeye/categories/passives/me-zogbi-20210406.html

[rabiddog] 18/5/2021 22:59

Ff...bit of a double edged sword this one

[freddie ferret] 18/5/2021 22:46

EBB

Post 5332 very good, thanks.

[freddie ferret] 18/5/2021 22:37

Feel free to post if you want.

Right so Ruthenium was only up 3.8% today, Rhodium off a tad.

There really is very little information out there that is recent and up to date on the Ruthenium market. A small comment in this link.

[k mon] 18/5/2021 16:08

- Apologies ... couldn't resist ..

usually try to contain stuff like that to the Silver / Gold thread..

[k mon] 18/5/2021 15:58

.. But will it get 'subsidies'... ?


---- Of Course it will..

Just cover it in green wrap .. kiss the babies .. and sign the check ..

First making sure you either get a place on the board ..
or a nice little supply contract for your PR promotion (or whatever)outfit
that your 'socially distanced' relative has started...
Tax man of course gets his bit .. but that is the 'Sacrifice'
.. That One has to Pay for 'Public Service'..
[Ahem]

[meanreverter] 18/5/2021 12:58

risa5 : What they have is a non-rechargeable — but recyclable — battery. The cost of remaking the magnesium paste for each cycle, along with all the recycling logistics, would greatly exceed the cost of recharging the present lithium-ion batteries, before we even consider the inefficiency of the associated hydrogen fuel cells, the consumption of de-ionized water, and the capital and maintenance costs of the cell-swapping-robot stations.

It's an idea that will raise funding for the salaries of brilliant boffins with a PhD in electrochemistry and a grade F in GCSE economics for many years, from politicians who can claim they have done their bit (i.e. have spent their $billions) in battling the climate-crisis dragon.

[bbluesky] 18/5/2021 10:34

Interactive Investor's Technical Analyst Alastair Strang :

"Next, above 151p should prove capable of bringing a visit to an initial 162p. If exceeded, our longer-term secondary calculates at 218p. Above such a level, things are necessarily vague, thanks to the circled gaps, and we shall prefer revisit to run the numbers again. We’ve chosen to show a long-term 336p, but the reality of such ambition almost needs guesswork." GLA

[eggbaconandbubble] 18/5/2021 08:53

"German researchers develop hydrogen paste fuel"

Any nation that designs cars with the engine behind the rear axel has to be taken with a pinch of salt!!!

[risa5] 18/5/2021 08:27

German researchers develop hydrogen paste fuel
Tue 16 February 2021 12:42

(Sharecast News) - Researchers at Germany's Fraunhoder Institute have developed a hydrogen paste that some pundits believe may revolutionise the industry.

According to Business Insider, the new technology works on the basis of cartridges that can be replaced, leaving drivers with only a water tank needing to be refuelled.

The driving range offered by the paste is reportedly comparable - when not greater - to that of gasoline and the technology may also be applicable for use in drones.

"POWERPASTE stores hydrogen in a chemical form at room temperature and atmospheric pressure to be then released on demand," institute research associate Dr. Marcus Vogt said.

The product, which was a magnesium base, reportedly had ten times the energy storage density of batteries.

A pilot plant with an annual production of four tonnes of POWERPASTE was scheduled to come online later in 2021 at the Fraunhofer Project Center for Energy Storage and Systems in the German city of Braunschweig.





Hydrogen power is on the up. Often thought of as a less convenient and efficient alternative to battery-electric vehicles, it is increasingly seen as a vital part of the modern energy mix.


‘Green hydrogen’ can be generated using renewable energy, providing a clean source of fuel for industry, homes and transport.

[freddie ferret] 17/5/2021 23:38

RabidDog.

RB I have no problem with your 2% of revenue on a historical basis. However the operative matter is the price rise and the increasing rate of the price rise.

As at mid Feb the price was $320 and had been for some considerable time. It started to rise with delays between rises. We now over the past ten days have the pace, frequency and size of rises increasing.

Take a look at Rh when it was only $700/Toz the rapidity with which it got to $29,000 was startling.

Whether Ru can repeat that depends on the market for Ru.
Ru is an obscure industrial metal, as far as I know it does not have an investment following. Therefore the determinants of price action will be the price elasticity of demand of the uses of the metal, whether it has substitutes for its uses and lastly whether there is the potential for supply to be ramped up.

The latter point I believe is NO. Russia produces PMGs however the share of Ru in the Russian basket is only as I understand it 2%.

In all this there is another question that needs to be asked. Are there potential future uses?

I do not know whether forecasters are saying Ru will be in shortage or surplus however I believe a lot can be read from the price action.

I do think I need to reiterate, Ru is not an investment metal, there are no vaults stuffed full of the stuff.

All aboard, the train is leaving the station, toot toot!

[rabiddog] 17/5/2021 21:56

Ff..Ru has never been more than 2%by revenue, indeed usually less than 1. For that q3 they did say they had to supplement the feed to maintain volume which affected the basket %..however that figure does seem ‘out of the norm’ even given this. Hope your right as it would be a pleasant bonus...not bought into the Ru aspect yet though.

[freddie ferret] 17/5/2021 21:29

Over on lse Tigerbythetail on the THS thread seems to have cottoned on to the implications of the Ru rise.

[eggbaconandbubble] 17/5/2021 20:45

Gold 0.2%! Not enough to fill a tooth I imagine!

[freddie ferret] 17/5/2021 16:28

On the question of the relevance of a substancial rise in the price of Ruthenium which we seem to be starting to see.

................................................................



(2) Revenue (6E) for Q3, before adjustments is $59.2 million (6E prill split is Pt 47%, Pd 17%, Rh 9%, Au 0.2%, Ru 21%, Ir 5%)

...............................................................

As I understand it from the above, in terms of mass Ruthenium constitutes more than 20% of Sylvania's Noble metal output. I use the term Noble metal since Gold is in there and gold is not a Platinum group metal.

If I am right then some posting on this thread need to reajust their thinking.

[freddie ferret] 17/5/2021 16:21

Afternoon gents.

Ruthenium up another 16% today from Friday.

Here is May from the JMM site.

Mon 3rd 440 440 - 440
Tue 4th 440 440 440 455
Wed 5th 455 455 455 455
Thu 6th 455 455 455 455
Fri 7th 455 455 455 455
Mon 10th 455 455 455 455
Tue 11st 475 475 490 490
Wed 12nd 500 500 500 500
Thu 13rd 500 500 500 500
Fri 14th 520 520 520 560
Mon 17th 560 560 600 650