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CWU says they have a meeting Tuesday next week to discuss a pay rise to cover inflation. @CWUnews
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PGM basket price for this quarter ending today will be 20% higher than the previous and production should be higher too. So a win-win to come next month and with another special dividend in the air will pull the SP up come mid April.

Drop mainly due to car producers having to halt production again because of lack of parts from Ukraine.

I am because I've already lost my shirt

Alexa I said buy Faberge Jewels not Fabulous Joules ….boom boom

I was pleasantly surprised by the Q2 results especially the basket price of $2892 after having wrongly predicted a price similar to that of THS (Tharissa) for the same period their basket price of $2.3k more reflected the drop in the PGMs price since Q1. So I’m guessing the mix of the SLP basket involved a higher percentage of Rhodium or Palladium or both? So with this ‘luxury basket’ and increases in PGM prices since Q2 surely H1 results will show that quality and not quantity is the key.

Nothing wrong with a bit of 'foreplay' especially on Valentines day and if it causes a rise then why not ask for more fun
.....oops sorry I meant 'funds'. That $1800 price doesn't leave much room to play either.

H1 production was down down to 32.3k ozs a drop of 2.7k oz or 7.7% but H2 Production forecast is now at 35k and with PGM prices currently at 16% above H1 prices and rising I see nothing but good things to come. Q2 was a great result $38m revenue for $15.5m net profit. Earnings per share H1 6.3p per share ........amazing
H2 based on increased production over H1 and current PGM prices (and we all know they are going up) will give a net profit of $50m for H2 and a yearly net profit of $74m minimum so the $98m net profit of last year is easily within reach.
Adding interest receivables and currency exchange profits and another 15% hike in PGMs they will smash it!.
Dividends and windfall dividends are on the cards for this year and if its not the best year ever it will be the runner up.

Q2 Revenue will depend on produced quantities we know the basket price of $2400 or thereabouts. Production has been declining but Im hoping 22k oz+ will be achieved because Lesedi is back on line and that should show a revenue of $30m . The net revenue will be affected by higher energy costs and final price settlements to some outstanding debts but still hoping to achieve $10m net profit.
If $30m revenue and $10m profit is compared to last year then the headlines should say back on course with more money in the bank and production and PGM prices increasing but on the other hand it might say......Profit and Revenue DOWN 50% .

I am hoping to get through the 2nd quarter results with a rise in production as the basket price last year for the 2nd quarter was $1000 more than expected for this year. $3323 v $2400. Production was 24.3k in that period in 2020 so a lot to live up to with current production running in the 20k-22k.
I'm guessing that too many people will not follow the advice of Liam Gallagher 'Stand by me' and 'Don't Look back in anger'
(now whose going to give an Oasis reply?)

https://www.metalary.com/rhodium-price/

RHODIUM is expected to trade at 22725.90 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 27181.12 in 12 months time.

Basket price will soon be back to over $3000 and revenue of $40m and then over $3500 net revenues of $50m ...... the blip is over and remember new prices apply to unpaid invoices for approx 40% of customers.

Should show tomorrow on TE and elsewhere later.

Rhodium up another $500 now a massive 25% up in 10 days and hardly reflected in the 95p sp - profit taking after the lows but there's more to come once it pushes past the .95 barrier

Looking CONFIDENT Bid Ask spread now back to a normal .4% 91.755/91.36

I disagree
If you follow demand you can see why PGM prices have fallen and the SP had to inevitably follow even though at any time it was a target and if I wanted a return of 12.5% on £250m I would have been eyeing this investment. The continuous rise in PGMs is being led by demand. The semiconductor makers are making contracts with some of the major car manufacturers GM is yet as well as Toyota but the skip up in prices have them talking again. This has led to a 20% rise this week in Rhodium prices and a 20% rise in the SLP basket price albeit from a low point but it means looking forward there is nothing to fear. With this in mind £250m is a takeover price with a full return in cash in 5years. 95p soon and upwards and onwards.

Pressure building on this stock this morning I had to wait to buy more. I think we are in for a tick up today. Major car makers have already covered their semiconductor business with others still negotiating so I guess that the semiconductor makers are also trying to cover their supplies.

I Bought today as its beginning to look as if PGMs are all on the rise and Ive struggled to top up below 88p for a while that is until until today. Quarter results due end of month too and if the production has increased as planned the basket price was around $2400 so they will be well in $millions of profit. I think its only up from here imho

Palladium is going up for sure and RHODIUM isn't going down .... platinum is the key and its on the brink of a big rise

NO