Thursday, 1 February 2024

More SLP

Doubled my holding of Sylvania Platinum at around 58p - it's even cheaper than it was a few months ago.  They're still profitable even with the current depressed platinum group metals price, still sitting on around $100m of cash (at a market cap of < $200m).  If the PGM price goes nowhere they should plod along OK.  If it recovers to levels seen a couple of years ago they'll be raking in the cash.