Sylvania Platinum’s (SLP) core business is the production of low-risk platinum group metals (PGM) from chrome tailings dump retreatment in South Africa (SA). The business is high margin, reflecting a low-cost base and in FY21 it benefited from the surge in PGM prices, which have since moderated with a sharp dip in Q122 and are now firming up again. The company’s large net cash position and highly cash-generative nature, even post the spike in PGM prices in 2021, positions it well for attractive ....
29 Oct 2021
Sylvania Platinum - Massive free cash flows post-spike in PGM prices
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Sylvania Platinum - Massive free cash flows post-spike in PGM prices
Sylvania Platinum Ltd. (SLP:LON) | 65.5 0 0.0% | Mkt Cap: 171.3m
- Published:
29 Oct 2021 -
Author:
Lord Ashbourne (formerly Charles Gibson) -
Pages:
20
Sylvania Platinum’s (SLP) core business is the production of low-risk platinum group metals (PGM) from chrome tailings dump retreatment in South Africa (SA). The business is high margin, reflecting a low-cost base and in FY21 it benefited from the surge in PGM prices, which have since moderated with a sharp dip in Q122 and are now firming up again. The company’s large net cash position and highly cash-generative nature, even post the spike in PGM prices in 2021, positions it well for attractive ....