Tharisa Share Discussion Threads

[ukgeorge] 09/10/2023 14:14

Mad drop, very tempting to buy.

[basem1] 09/10/2023 13:51

A very sad state of affairs here Would never have thought it when it was riding high in the 140's A cyclical stock perhaps Will metals prices turn anytime soon ?

[melloteam] 09/10/2023 12:09

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The event will also feature an interview with Craig Richardson and much more.

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

[tigerbythetail] 02/10/2023 11:32

At least this isn't HZM.
Their RNS this morning is every mining investor's nightmare - mine build massive over-budget and delayed, shares down 60% or so.

[sotolo] 12/9/2023 08:49

I guess maybe it was good for them posting prices while they were going up but now PGA’s have fallen so much it just became embarrassing posting them in public each week, so better hidden away on the website so a bit more effort to find them, and not shout about the misery. Amazing how dead the share is in terms of trades on lse, but so far chromium holding up, which is amazing with the China slowdown, I wonder how long it will continue to save our bacon?

[stemis] 01/9/2023 10:23

From investor relations:-

Hi, we have deactivated it for a while, taking a break from X, the weekly data is on our website

[basem1] 01/9/2023 09:50

Decent buying this morning You would think the sellers are about exhausted at this level Could see a 15% rise pretty quickly

[nakedmolerat] 31/8/2023 10:26

Both UK and SA sites gone, no idea why

[musarddjm] 29/8/2023 09:20

It seems to have been deleted. Anyone know why?

[whitehunter] 28/8/2023 21:20

Does Tharisa still have a twitter account?

[loglorry1] 21/7/2023 09:16

Liberum research have no idea about the direction of commodities. I think we need a recovery probably driven by China for these prices to pick up.

That said a lot in the price now and luckily Chrome has to some extent mitigated things.

[mjneish] 20/7/2023 16:23

Thanks to both of you. Rhodium's dropped so much that if it gains 90% from here it'll still be well down from its price 12 months ago.

[saltraider] 20/7/2023 16:14

Thanks, in arrears, someuwin.

[saltraider] 20/7/2023 16:08

@mjneish ... I think I get it ... and I think it means that Liberum's assessment is that exposure to platinum group metals and thermal coal (both of which I have a-plenty) is likely to offer good returns over the next 12 months. But exposure to copper, which I also have in spades, might not be such a good idea.

That said, I'd also appreciate Someuwin's explanation, if he would be gracious enough to take the time.

[someuwin] 20/7/2023 16:01

...Tharisa posted it on Twitter today, Its from a Liberum research note last week.

They think Rhodium will perform best over the next 12 months rising 90%. With all the other commodities as shown.

Highly positive for THS.

[mjneish] 20/7/2023 15:57

Someuwin, would you mind explaining what that chart means? Thank you.

[someuwin] 20/7/2023 14:48

Tharisa plc @tharisa_sa ·6h

Karo is turning out to be a world class development project in line with our forecasts, which showcase the commodities we produce as significant in the decarbonisation of the global economy. #Karo #Worldcass #Decarbonisation

[someuwin] 20/7/2023 14:27

Tharisa plc @tharisa_sa ·28m

Note from Liberum of last week

[soilderboy] 17/7/2023 08:35

Hi all.I'm just looking with a view to buying in here, having done plenty of research.Does anyone know how long the spread has been this wide for? I'm just curious!

[deadly] 13/7/2023 23:04

The same arguments apply to SLP I think; would be interesting to compare.

[whitehunter] 13/7/2023 09:46

Nice lift again today. Buying at 80p today. Were available under 70p two days ago. Funny old game this.

[stemis] 12/7/2023 10:31

Thamesis research note - hxxps://www.research-tree.com/research/tamesis-partners/q3-fy2023-production-results/37_2023071201503485476/ff502d6a-580c-4fb7-85a0-08269331f0cc [free to access but may need registration]

Our forecast EV/EBITDA and PER multiples multiple for FY2023 are 0.6x and 1.7x respectively, P/NAV is only 0.19x. We find these multiples extraordinary given the growth trajectory of Tharisa and the continued cash generation from its key asset. We maintain a PT of 300p whilst wondering openly whether the Pouroulis family will start to look at a management buyout if the share price stays at these levels. It certainly feels “doable”.

[stemis] 12/7/2023 10:06

At 74p, with net cash of $141m, the EV is just $145m...for a company that generated $40m of net cash in just 3 months. And that's valuing Karo at zero. And the company pays a yield of 7.3%. And that's with PGM prices at their current depressed levels. Madness I tell you...