Tharisa Share Discussion Threads

[mfhmfh] 08/10/2020 09:18

Annual results on 30th November:

hxxps://www.tharisa.com/ovr-calendar.php

[fillipe] 08/10/2020 09:06

Indeed, an all-round excellent Q4 production Report with well presented good numbers.
Going forwards a likely riser, I feel sure of that.

f

[novicetrade68] 08/10/2020 08:52

agree it's a very good update and also reads they're getting good prices for their PGM products.

[mfhmfh] 08/10/2020 08:24

update better than expectations I think.

Looks like all the investment in 2019 in mining equipment, etc is now starting to pay off and apart from re-starting construction of the Vulcan plant capex will be minimal.

All IMHO.

[bubloo] 08/10/2020 08:15

I think great results and update. should move up once investors cotton to the upside story

[whitehunter] 07/10/2020 17:53

Hope it is good. Didn’t like the slide running up to tomorrow.

[mfhmfh] 07/10/2020 17:22

let's see what tomorrow brings

[davebowler] 16/9/2020 16:37

End July -Tharisa Plc THST.L : Peel Hunt raises target price to 165p from 155p

[paleje] 07/9/2020 14:52

SLP delivered expectedly nice results today, cash machine. Would be nice if we got a bit of a read across, even though operations differ they're same sector and same geography.

[mfhmfh] 27/7/2020 09:45

nice start to the week

[bradders51] 21/7/2020 12:56

Yes. Pure recovery play. The promising vaccines are helping sentiment. Wish my ITV ones would join in :-(

[mfhmfh] 21/7/2020 11:17

nice rise here past recent high.

platinum and palladium futures looking stronger.

[mfhmfh] 13/7/2020 09:39

Solid NED buy

[mfhmfh] 10/7/2020 08:38

Vulcan plant is the key to increased revenue/profitability. currently suspended due to Covid-19. medium to long-term should be a huge boost to THS.

from the video:

good to see chrome prices higher.

also investment in fleet/equipment over last 18 months which affected profitability over that period of time now starting to pay off with these last quarter results.

[bradders51] 10/7/2020 07:00

Thanks mfhmfh
Good video. Very positive outlook.
I wonder which projects they will go forward with in the next quarter.

[bradders51] 09/7/2020 15:36

It's my only share in the blue today. Now let's see if we can get towards £1.
Fingers crossed

[mfhmfh] 09/7/2020 11:05

'Operating results for the quarter have been exceptionally strong with both May 2020 and June 2020 achieving consecutive record ROM output levels. These efforts, together with a very credible performance from the processing team has ensured our quarter on quarter production levels for both PGMs and chrome concentrates have shown increases at a time when we were not operating at full capacity. Together with good unit cost control, favourable PGM prices and higher pricing for chrome concentrate, the Company remains strongly cash generative and financially solid. Tharisa remains confident of replicating this strong performance in Q4.'

[mfhmfh] 09/7/2020 10:35

'Platinum Group Metals ('PGMs') production increased by 9.0% to 35.0 koz (6E basis) compared to the prior quarter'

'Chrome production increased by 3.6% to 321.4 kt compared to the prior quarter'

'PGM sales and deliveries have returned to pre COVID-19 levels'

[mfhmfh] 09/7/2020 10:18

Peel Hunt today reiterates buy rating with a 155p target price.

[mfhmfh] 09/7/2020 09:30

agree. results look good IMHO.

[tebboc] 09/7/2020 07:36

They look good Bradders. The ask has been moved to 69p pre-market already. Could be a good day ?

[bradders51] 06/7/2020 14:21

Q3 production figure due Friday. Maybe someone has had a sneak preview?

[tebboc] 06/7/2020 07:07

Same bradders. I bought in at 68p thinking they looked cheap still and a good recovery play - doh

[bradders51] 02/7/2020 14:38

Blimey.
First time they've gone up since I bought them.
Call me Mister Timing :-(