Member Info for LuckyLuciano

At 0.58 and Book v/share at £2.16. PE for 2026 projected below 3 and Karo doubling production in 2027 onward.

Even Chrome prices are starting to rise....

Crazy

I think here the MM has been a bit of a pain in the @rse. Greedy 3% spread and murky transactions.

The FSE should keep an eye, especially on reporting of the book transactions..

Anyhow, sooner or later fundamentals will prevail. FFS, £2.16 Book value and we languish at £1.23 crazy

Hi Mike,

if you refer to my last post about the USD and biforcation, no, I mean actually a stronger USD hence the mening of "biforcation".

Maybe decoupling could also be another term, but in substance what I mean is that because of the "Trump effect" and the infuence

his personnal agenad/life has on his followers, its creating a biforcation or sporadic anomalies on financial instruments and data,

where some time USD rises together with other assets that should be going lower.....Possibly are just short lived sentiment-driven events, like recent sp rise of most Venezuelan oil connected US companies, but, in the case of USD imo, this is more representative of patriotism and therefore of the loyal followers of Trump saga, rather than a tangible economic event.

Then again....USD and its benchmark, is not anymore so representative of world assets values and therefore its fluctuation, could be due to many other reasons.

On Ths numbers yes, at PGM $2500/oz revenue is about the same of Chrome, I am assuming some 140k production and $130million profit.

Mind you only $400 more on PGM woud be net profit or extra $56millions, almost half of current projected profit. PE would come down to 2.6.

I have compared THS to Zimplat share graph and of recent, they seems to move in tandem. Possibly THS had already priced in its past "scheleton" and now is sinced with PGM prices, which by the way have been close to loss making for miners, for the last 2-3 yeras.

Again IMO what we are seen is at least inflation been priced into PGM prices, with maybe a little of dedollarization and safe haven apreciation from the jewelry market. What is going to take time, is apreciation from the chage of sentiments due to abandoning from governments or limiting combustion engines in 2030 or 2035 or whattever those clowns Europeans are talking about.

Today, prices are clearly showing the biforcation of sentiments in the market. We are witnessing a rise in USD together with a rise in precious metals. The Trum effect.

Call me naive, but I needed to hear this from another source to understand it, and actually agree...so it goes that behind the current US foreign policies, there's not exactly an agenda to make American great again, and possibly not even the urgency to deal with the massive ballooning debt. In the end, it is more to do with psychology and Trump personal past affairs. Tbh as sokn as I herd of this theory, all the dots joined together.....apparently, Trump sensationalistic approach to policies and expecially foreign politix, is an ever need to distract media attention from his personnal affairs. Epstain case came to mind..No wonder he made sure to have some weight on X social media and also got very friendly with the multi billionaires of US economies. It is called, covering his arse...So the latest sage in Venezuela, is not about Madiro drug trafficking and, not even about oil, its just to give the medias something to fill the first pages of newpaper, and put under the sand, his wrong doing of the past. This means that untill he is in power, one can be sure, there will aways be uncertanty in geopolitics and therefore, precious metals, will always be bullish. Indeed the uncertanty is now so widespread becouse of Trump, that it is reflected even in asset classes which are not so strictly considered safe haven. Be prepared for the unexpected, if that make sense.....lol

lol....i see what you mean. by the time i made all the calculations based on pgm splits, the price if platinum has changed already and i have to start all over again. as a weighted average, platinum is the most representative to pgm, thought i see all of them have gone up , implying it's an inflation and fundamentals based rise, more than anything else. on valuation i am assuming a minimum of 6 as pe at current early stage trend, without pricing in karo mine in a bull**** pgm price environment. hence tharis sp ought to be easy above 200p. the market is slow to catch up for these of the radar sector and shares. new media, even the financial, are full of attention grabbing events, often which got nothing to do with economy......thank you donald. consequently imv there is a delay from investors to focus and figure out forward trends. i suppose these days, when deciding on investing. especially not very short term , one as ever more to be able to suppress the noise, and focus on fundamentals.

For what is worth, I am noticing that for every % drop in USD Index, precious metals are rising exponentially, compared to for every rise of the USD.

With my limited tools, is not so easy to analyse in a graph comparison, due to different volatility spread, between the two instruments/data.

But this is very bullish if one believe that the Fed and soon new chairman nomination, will drop rates and possibly print as if there is no tomorrow.

Metis20

if is this what you are looking for, go to the website page, under INVESTORS and then WEEKLY PGM AND CHROME INFO.

Latest numbers in UK, in 2025 new auto sales increased the most since pandemic. 1 in 4 were electric cars, thanks to unsustainable subsidies.

Meanwhile western economies are realising that EV subsidies are unsustainable and most importantly, deadlines are unachievable.

Do you really think that they will stop selling combustion engines cars in 10 years?

Most of us these days, with the economies don't even know what will happen in a month time, considering current state of affairs around the world.

Platinum has its peculiarities, and indeed it's difficult to gauge if recent rise, is due to safe haven demand or industries rebalancing...

Maybe it is difficult, because both are the reasons for the rise, and this without calculating for recent inflation, which affected almost every asset class.

Indeed during inflation years till now Platinum prices where at the lowest for the last 15 years.

The technicals though are spot on. After recent all time high, platinum price has retraced to the previous resistance levels at 1900ish.

This level should be now a strong support and also a minimum correspetive price level for PGM, which is about $2300/oz.

But again considering the technicals, the US debt and rate cuts , and the geopolitics...IMO $1900/oz platinum or $2300/oz PGM (roughly) are definitely a minimum, not an average for 2026.

Hooo I am sorry about that.

TheFarEnd

if you like I can get you an Italian passport.

Anyone? No doubt precious metals will go higher, but what about the markets?

Https://www.youtube.com/watch?v=FRbX18Evcvg

If they are happy, how am I to point fingers on what US just did. I know, this is not charity or philanthropy but I suppose as ever,

one as to choose the least of the evils and trust me under Maduro, Venezuelans where suffering badly.

I wish this type of actions, would happen much more often around the world, but sadly some Nation ad so poor and of no interest that its dictators and the like are able to reign for decades with impunity.

Https://www.tharisa.com/weekly-pgm-and-chrome-info.php

On another note, on this lates report please, can someone indicate, "Tharisa US $2 434.22" is it current PGM basket prices?

In absence of a PGM Graph I am comparing only Platinum.

Even if Platinum was to crash to $1500, the correlation between Pl price and Tharisa sp, would be at the widest for the last 5 years.

This is even odd because actually it should be happening the opposite, that is, an increase in platinum price should be translated in

multiple increase in the miner share price. This, without mentioning recent EU relaxation on combustion engine car production....

https://tvc-screenshots.investing.com/tvc_33e8f959a35abbcd8d114269cf69b5eb.png

Afre reading I got a terrible headache.

Platinum at double the price of few moths ago, depolarization and rate cut coming, EU making a reversal on combustion engine policies.

All I need to know. Thank you

I know is not platinum, but given the correlation in prices have the feeling same is/will happening with platinum.

https://www.youtube.com/watch?v=x_n4TZx-oHM

Https://www.youtube.com/watch?v=x_n4TZx-oHM

lol

There is ever more a disconnection, between physical and virtual prices for silver and platinum.

In the middle there are the miners, and the real market, industries, consumer of these metal are going directly to the sources,

to secure the product, they may as well start their own mine.

Something has broken or is starting to break in the piercing of silver and platinum, possibly exacerbated by de-dollarization and also increased demand

from investors. Already a price discrepancy exist between silver traded in Shanghai and other exchanges with $ denomination. The miners with the physical meta,

obviously are selling to the higher bidder with is China market, soon the western industries will weak up, realising that they have to hurry to secure critical metals, and will have to bid with the highest bidder, China. Same is happening with the PGM and platinum market. If I where a western car manufacturer I would make sure to fix and secure metal and prices today, after all historically silver and platinum have barely appreciated due to inflation and not increased demand. I didn't realised that lots of silver and gold traded contracts, clearly state "not for delivery" (not sure about platinum). If I where CME I would get rid of those useless instruments, instead they decided to kill their market by increasing margins. Ho well.. they can play as much as they like with a dysfunctional market place, soon or later, something will break and reality will prevail.

Required, -11%

RalphB1

the very fact that you when all the way to check my past history posting, goes a long way to show you true colours.

You stated that in 2026 platinum will never reach new high, see you in 12 months time.

More over it looks to me that you are scrambling for better value platinum shares.......but, didn't you just posted that platinum price has reached the top?

Confusing.