Sylvania Platinum Share Discussion Threads

[pooldar] 09/9/2024 15:10

Could it be some nervous sellers before the results tomorrow or something leaked?

[justiceforthemany] 06/9/2024 12:21

Spread here is ridiculous again. More manipulation.

[rachael777] 05/9/2024 19:07

Have we double bottomed (ooh err missus) and heading back to 69p ish ?

[justiceforthemany] 30/8/2024 16:26

Yes, and Rhodium is also up.

[pooldar] 30/8/2024 09:05

What is the current basket price is it improving?

[justiceforthemany] 28/8/2024 14:09

Just a reminder that the book price of SLP is around 70p.
$100M net cash.

[pooldar] 28/8/2024 12:44

Notice of Annual Results Investor Presentation
The Company confirms it will announce its Final Results for the year ending 30 June 2024 on Tuesday, 10 September 2024.

[zangdook] 28/8/2024 09:29

They make stuff up. If you want a serious dividend website try

[greyingsurfer] 28/8/2024 09:23

It's a fair question, and answer.

However, I've been caught out before by Dividend Max. They tend to assume dates and amounts of divs, based on previous, until there is firm information from the company. In this case I can't see that it exists, I've looked through all recent RNSs and can't find mention of an upcoming div.

It looks to me as though DivMax have tracked the special div in April and decided there must be a div due 6 months later!

[kaos3] 28/8/2024 09:08

pooldar - thank you for you taking an effort to answer a fair q in a fair manner

[zangdook] 28/8/2024 09:05

Do they know next week's lottery numbers?

[pooldar] 27/8/2024 19:45

Dividendmax.

[zangdook] 27/8/2024 18:25

Where's that?

[pooldar] 27/8/2024 15:54

Final dividend declaration 5 Sep ex div 24 Oct 2024.

[rachael777] 27/8/2024 11:00

Once again this is firmly in bargain territory with the underlying precious metal basket spot prices moving in the opposite direction to the share price.

[justiceforthemany] 23/8/2024 12:22

Show your source.

[stemis] 20/8/2024 10:12

Peak funding requirement has gone up from $147.4m to $238.3m. That's a lot of funding for a pre tax npv net benefit of just $69.0m

[slopsjon2] 20/8/2024 10:00

Liberum Note

Sylvania unveiled an updated scoping study on the Volspruit project. Pre-tax NPV is much-improved at US$69m (originally: US$27m), due to the inclusion of the South orebody and rhodium credits. Meanwhile, studies continue at Aurora, aimed at an updated resource estimate to underpin a scoping study; and an Exploration Target has been defined for Hacra. These results and on-going studies provide useful guidance as to where Sylvania should focus, to maximise value. We currently attribute no value to these projects, but there is clearly potential in stronger markets.

[stemis] 20/8/2024 08:35

At first glance it looked a bit underwhelming to me...

[nickwild] 20/8/2024 08:28

Exploration update RNS out today. Thoughts on the implications?

[apfindley] 19/8/2024 17:15

Rhodium up again today. Sylavania down. Lol.

[wsm812] 15/8/2024 07:51

Almost exactly 100% higher than the share price right now! haha

[phar lap] 14/8/2024 14:05

New research note from Edison,

Sylvania Platinum — Long-term PGM price upside
Sylvania’s Q424 results were negatively affected by a delayed recovery in production following the 22-day strike during Q324. This resulted in 21% lower revenue than expected and EBITDA of only US$2.8m, 68% below our expectation. We have reduced our near-term platinum group metals (PGM) price assumptions on the back of elevated surface inventories and sustained South African production, but bolstered our long-term forecasts due to an expected higher demand for platinum and palladium on the back of fibreglass, hydrogen economy and hybrid vehicle demand. We forecast a recovery in production for Sylvania from FY25 with somewhat higher costs after the recent US dollar depreciation. We have cut our EPS estimates by 17.3% in FY25 and 25.7% in FY26, but see a positive impact from our higher long-term PGM forecasts thereafter. As a result, we have reduced our valuation by 6.5% from 120p/share to 112.2p/share. With exploration assets valued at book and conservatism in our Thaba joint venture (JV) valuation, our overall valuation offers upside as projects graduate from exploration to production over the coming years.

[apfindley] 14/8/2024 12:38

I think its stated as early 2025.For the full details of the 50:50 jv, ownership, cost repayment etc etc, its easier to read the rns (9th August 2023) than get incorrect info from the rest of us.Should make a solid impact on sylvania once in production next year.