Did you get any response from the company? I would say no news is good news. They havent RNS that there is any production issues so I expect back to normal. Be nice to assure the market it was just a set of circumstances beyond our control.
Yes, that is what frustrates me. Nothing is certain but I know that once this trend reverses my average will easily be reached. I did email the company asking for their thoughts on the direction of the sp and a production update. Nothing I was asking was price sensitive but more of a re assurance to share holders. Astonishing this is below 14p.
Morning. Hope your both well. Frustrating isnt it. Keep wondering when we will get a proper blue day with the actual bid going up or us over 14p. Never in my life did I think id see SLP at 14p. Someone must be slowly drip feeding at the moment.
Was it one of you that was trying to push the company to release production news. You would have thought they would at least have said everything is back to normal. We dont get the qtr update until July. Im hopeful they hit record production but under AIM rules they have 28 days to rns it.
Anyway we will look back at these dark days happy we topped up. :-)
Thanks for research. I am quite happy to sit back and wait for a recovery. It seems that we are being dragged back on several fronts. I was in two minds what to do with my MRG shares but now my mind has been made up with the sp being so depressed. I think I will get a better return buying more SLP and just sitting back. Read a few weeks ago about a company in America developing the fuel cell battery, they are confident that they can make it lighter and last longer. Platinum was an integral part of its manufacture. He was confident that manufacturers will be won over with the new technology.
"Longer term, however, the bank believes that the supply-side issues will win out. There is no doubt that producers in South Africa are having a tough time of things at the moment, so much so that South Africa's Department of Mineral Resources has commissioned a report on the subject and, as a result, Standard Bank believes that "the upside for prices outweighs downside from a cost-of-production perspective"
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