Share Name Share Symbol Market Type Share ISIN Share Description
Tharisa LSE:THS London Ordinary Share CY0103562118 ORD USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.46% 108.50p 107.00p 110.00p 109.00p 108.50p 109.00p 7,755 09:15:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 169.2 16.9 3.9 28.8 282.06

Tharisa Share Discussion Threads

Showing 101 to 125 of 125 messages
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DateSubjectAuthorDiscuss
11/10/2017
18:58
I think the reward will come, but clearly not just yet. Q4&Q1 often tend to be stronger quarters for many PM producers all across board, so in that regard we're just on the verge of hopefully a decent rerating. What I think is encouraging nevertheless is that, especially given yesterdays' update, there are not many sellers around this level.
novicetrade68
11/10/2017
14:51
Given financials and newsflow I would have hoped for a stronger reaction in the share price. What is required here for take off, I wonder?
boydduk
10/10/2017
08:18
Very good update today. The average PGM contained metal basket price for the three months ended September 2017 was US$825 (ZAR10 866) per ounce, which is US$33 an ounce higher than the US$792 (ZAR10 443) per ounce achieved in the quarter ended June 2017 and US$50 an ounce higher for the 2017 financial year compared to FY2016. The higher basket prices reflect, in particular, the increase in spot palladium prices, which surpassed the platinum price during the quarter. With improved liquidity in the market during Q4 FY2017, contracted metallurgical grade chrome concentrate prices increased 17% to US$172 per tonne from US$147 per tonne the previous quarter, bringing the total average realised metallurgical chrome price during FY2017 to US$200 per tonne. As at 29 September 2017, Chinese port stock levels were slightly above 2 Mt, or approximately two months' supply into the domestic Chinese ferrochrome and stainless steel industry. The fundamentals of the global stainless steel market remain sound with continued growth forecast in 2018, supporting demand for chrome units in the form of ferrochrome and chrome ores. Specialty chrome concentrates, which comprised 24.3% of Tharisa's total chrome concentrate production in FY2017 and which supplies the chemical and foundry markets, continue to attract a premium of more than US$30 per tonne above the contracted metallurgical chrome concentrate prices.
novicetrade68
27/9/2017
13:14
Yes, I agree and add the margins of 150k oz of pgm concentrate, gross profits will be even higher. Imo, it's only a matter of time before the share price starts to reflect this, £2 doesn't seem much of a stretch if the strength in chrome prices continue.
novicetrade68
27/9/2017
13:07
So they haven given annual production guidance of 1.4m tons of chrome concentrate and 150,000 oz pgm concentrate. A recent Metal bulletin report (mid Sep 2017) gives 42% UG2 South African chrome ore concentrate price of USD 236 per ton cif China. If costs are around USD 88 per ton then gross profit could be around USD 148 per ton. (very nice margin at current prices) Total gross profit at 1.4m tons could be around USD 207 million. Very nice gross profit compared to a market cap of around USD 375 million based on a share price of around 106.5p (remember the mine is 74% owned so USD 153 million attributable gross profit) At current prices cash balances should be building up quickly and I would not be surprised to see an upward rerating in the share price if current chrome ore concentrate prices are sustained.
sharpshare
25/9/2017
18:25
I think Tharisa is having a rest before the next news !
naughtynicky72
18/9/2017
11:03
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goldguru2017
09/9/2017
10:31
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happyholder123
05/9/2017
11:54
A 20k buy @111p.
novicetrade68
04/9/2017
17:59
With all the good news of the last few weeks and Q4 being a traditional strong season for PGMs, this can only go up I would imagine!
novicetrade68
04/9/2017
17:06
Nice 7.7% Rise On The Up !
naughtynicky72
04/9/2017
12:01
Eurasia Mining released an RNS this morning with an interesting comment given THS is an established PGM producer : Eurasia notes an increased interest from refineries seeking Platinum Group Minerals ("PGM") and copper/nickel concentrates fueled by a tightening in the international supply of quality concentrates. The status-quo situation of recent years is reversing and refineries, reacting to a looming shortage of quality feedstocks, are reaching for quality upstream assets. This is well demonstrated by a recent transaction in the PGM and copper/nickel refining space over the Kevitsa Mine in Finland (270 kilometres West of Monchetundra) purchased by Boliden for a cash consideration of $712 million.
novicetrade68
01/9/2017
16:28
A round pound paid.
novicetrade68
31/8/2017
18:39
Keep the good news coming Tharisa ! On the up .
naughtynicky72
31/8/2017
08:17
More good news, two pieces no less.
novicetrade68
24/8/2017
20:41
And this is also worth a listen imo. http://www.proactiveinvestors.co.uk/companies/stocktube/7993/shiny-new-5yr-deal-with-the-chinese-for-tharisa-7993.html Shiny new 5yr deal with the Chinese for Tharisa Share 14:27 24 Aug 2017 Platinum group metals and chrome producer Tharisa (LON:THA) is reflecting on it's new five year agreement to supply 240,000 tonnes of metallurgical- grade chrome concentrate to the Chinese for its huge stainless steels industry. CEO Phoevos Pouroulis told us the deal represents about 25% of Tharisa production and he said, ''Its been encouraging to note that spot chrome prices have increased on the back of stainless steel production improvements". Tharisa has been working with TISCO, an existing Chinese partner for years and this is a natural progression for them within the industry.
novicetrade68
24/8/2017
20:40
Tharisa signs five-year chrome supply agreement with Tisco 24TH AUGUST 2017 BY: ANINE KILIAN CONTRIBUTING EDITOR ONLINE SAVE THIS ARTICLE EMAIL THIS ARTICLE FONT SIZE: -+ JOHANNESBURG (miningweekly.com) – Platinum group metals and chrome coproducer Tharisa Minerals has entered into a five-year strategic cooperation agreement with steel producer Taiyuan Iron & Steel (Tisco’s) joint venture (JV) company Shanxi Taigang Wanbang Furnace Charge. Under the terms of the agreement, Tharisa will supply the JV with a minimum of 240 000 t/y of chrome, representing about 25% of Tharisa’s targeted production of one-million tonnes of metallurgical grade chrome concentrate. The supply contract will start in September. More stringent environmental regulations in China have meant the ferrochrome industry has started switching from open and semi-closed furnaces to more efficient and environment-friendly technologies such as those that use sintering and pelletising. Tisco produces about four-million tons of stainless steel a year and, through its JV, has installed 700 000 t/y of ferrochrome sintering and pelletising capacity, in Finland, producing about 300 000 t/y of ferrochrome. The stainless steel producer is considering a Phase 2 expansion of its Outokumpu ferrochrome sintering and pelletising plant, which would increase its ferrochrome production to 450 000 t/y and, subsequently, increase its requirements for metallurgical chrome concentrate. “The cooperation agreement further cements our position in the Chinese market and bolsters our order book,” Tharisa CEO Phoevos Pouroulis said in a statement on Thursday.
novicetrade68
24/8/2017
14:57
Is Tharisa on the turn ! GLA Longs
naughtynicky72
24/8/2017
09:08
I agree, it's just a very interesting tell-tale sign that this Chinese company now all of a sudden wants to formalise its relationship with THS and secure supply. A few months back chrome was trading around $130-$150/t and now it's above $200 again.
novicetrade68
24/8/2017
08:31
I was thinking that, 5 yr agreement to buy at market price suggests to me the Chinese are expecting the chrome surplus to reverse. The NED buying last month caught my attention too.
paleje
24/8/2017
08:17
Interesting news today, may well be back to at least a pound soon, especially given the strength of chrome prices.
novicetrade68
18/7/2017
23:39
I'll have a few at 40p, chart looks dreadful. Catch a falling knife etc
ny boy
18/7/2017
22:33
Thanks - Telegraph article is probably the reason. Talk about shooting investors/investment in the foot. Destruction of value is not good for anyone regardless of race or percentage holding.
whitehunter
18/7/2017
21:40
https://www.google.co.uk/amp/www.telegraph.co.uk/business/2017/06/15/miners-ready-legal-challenge-south-africa-publishes-mining-charter/amp/ Policies that favour blacks over anyone else. Not exactly democratic. Ok, we know what happened in the past with apartheid, and there is no excuse for that, but this is modern times where everyone should be treated equal.
amunro
18/7/2017
21:24
I am puzzled too. I know Tharisa is also listed on the South African stock exchange and wonder if South Africans know something we don't? Googling doesnt find anything. Can only think its a combination of poor platinum/chrome prices and issues of transferring staff and machinery to Tharisa? Lots of problems ahead?
amunro
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